Experts cite fuel prices and alternative energy innovation as issues facing the trucking industry

Many new proposals have hit the trucking industry after the Federal Motor Carriers Safety Administration introduced its Compliance, Safety, Accountability program. For instance, decreased hours of service and mandated electronic on-board recorders are both on the slate to be passed into law within the next few months.

Officials at the Mid-America Trucking Show recently identified three major issues currently facing the trucking industry, Fleet Equipment Magazine reports. However, the price of diesel fuel and the usage of alternative energy were the most discussed.

Truck makers are currently exploring natural gas, hybrids and even electric plug-in options. For instance, Peterbilt Motors announced the expansion of liquefied natural gas platforms to help meet its customer's requirements for lowering operating costs while maintaining performance.

"Truck engines are at their most fuel efficient levels now, but we continue to respond to the needs of our customers who are looking for more fuel advantages," Martin Daum, president and CEO of Daimler Trucks of North America, told the news source. "To answer those requests, we are working reduced engine heat, developing new integrated drivelines and looking at improved truck aerodynamics."

According to the U.S. Energy Information Administration, the average diesel price across the U.S. is $4.10, which represents a $1.03 increase from last year.

By Anna Byrne

Experts cite fuel prices and alternative energy innovation as issues facing the trucking industry

Thursday, April 21st, 2011