TA reported quarterly losses for Q1, 2009. The losses are no surprise and, on the good news side, the losses are less than they were a year ago. More interesting is what they said about fuel volume; down 16.4% from a year ago.
"The company said it believes that its fuel volume declines are consistent with declines in trucking activity and diesel fuel consumption generally." Source: Transport Topics
It raises another question not related to the economy. With fuel consumption down that much for an extended period of time, should we not be seeing an improvement in air quality in places like Los Angeles? Maybe we are. I don't know. Does anyone?
"The company said it believes that its fuel volume declines are consistent with declines in trucking activity and diesel fuel consumption generally." Source: Transport Topics
It raises another question not related to the economy. With fuel consumption down that much for an extended period of time, should we not be seeing an improvement in air quality in places like Los Angeles? Maybe we are. I don't know. Does anyone?
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