The Predictability of Gas Price Fluctuations

For most drivers, high gas prices represent a nuisance that might interfere with plans to take a daytrip or visit a friend from time to time. Certainly, this is an appreciable impact, but it seems incredibly minor when contrasted with the effect that rising fuel costs can have on an independent trucker or small trucking company.

Commercial trucking operations are in the business of transport and therefore they are constantly purchasing and burning fuel. The trucks that they utilize have massive gas tanks and due to the size and weight of their cargo have very poor fuel efficiency.

This is a combination of factors that can be incredibly problematic for an owner-operator or small trucking company that does not have the resources on hand to easily absorb dramatically increased fuel expenses. The experienced truck factoring professionals of TBS Factoring Service, L.L.C., can help you with your accounts. Contact us at 800-207-7661.

What Goes Up, Might Come Down

In general, there is an upward pressure on gas prices leading up to the following days and a drop afterward:

• Memorial Day
• Independence Day
• Labor Day
• Thanksgiving

News media reports are inherently drawn toward overdramatic representations of fluctuating fuel prices because it helps to incite anxiety and a reliance on these stories. While there has been an overall upward trend over time, throughout the course of the year there are predictable patterns in the rise and fall of average fuel prices. Incorporating these trends into your budgeting plans can save you from falling into desperate financial straits as costs jump.

Contact Us

Let us help you to prepare to contend with the unavoidable fuel costs that you will face. Contact the freight factoring team of TBS Factoring Service, L.L.C., at 800-207-7661.