Lincoln‑based trucking firms are feeling the squeeze of record‑high diesel prices. The national average sits near $6.51 per gallon, while Nebraska’s average is about $6.22 per gallon, according to AAA. At those rates a full‑size Class 8 semi‑truck, which holds roughly 200‑220 gallons, requires a fill‑up of around $1,500.
Local carrier highlights the impact
Joe Schulz, owner of Schulz Logistics, a freight brokerage that partners with carriers across the country, explained the new cost reality. “So I mean, you’re looking at probably $1,500 for a full fill up of a Class 8 full‑size semi,” he said.
Schulz estimates that, based on the price increase since January, a typical truck could now spend nearly $40,000 more on fuel over a year at average mileage. While trucking rates have risen, he cautioned that the extra fuel expense does not automatically translate into higher profit margins.
Profit margins under pressure
“Rates had started to go up last fall and had continued increasing this year,” Schulz noted. “But now with the fuel prices climbing, carriers are making record per‑mile rates, but their profit isn’t that much better.”
The disparity is most acute for smaller operators. Larger fleets can negotiate bulk fuel discounts, whereas “the small guys that just have one to 10 trucks, they’re usually paying retail prices,” Schulz said. He has observed the retail spread widening to as much as a dollar per gallon, making it “much tougher for the small companies.”
Potential ripple effects for consumers
Higher transportation costs may eventually filter through the supply chain. Schulz warned that consumers could see price increases and even shortages of certain goods this winter. “You’ll see prices going up, you’re likely to start seeing some shortages of stuff here this winter, so it absolutely has an impact,” he said.
For now, carriers are coping with the sharp rise in fuel costs that began at the start of the year. The situation underscores the broader challenge of rising energy prices on the regional economy and highlights the need for small trucking businesses to seek cost‑saving strategies or collaborative purchasing options.
What’s next for Lincoln’s trucking community?
Industry observers suggest that continued monitoring of fuel markets, exploring alternative fuels, and advocating for state‑level relief measures could help mitigate the burden. As diesel prices remain volatile, Lincoln’s freight sector will likely keep a close eye on both market trends and any policy responses that could ease the financial pressure on local carriers.
Original reporting: KLKN-TV – News, Weather and Sports for Lincoln, Nebraska — read the source article.
