The U.S. Energy Information Administration posted the weekly numbers and we're happy to report them. Diesel prices continue to decline from $4.159 a gallon on Feb 25, 2013 to $4.088 a week later on Mar 11th, and down 0.35 from a year ago. These numbers suggest a positive outlook for US trucking and transportation companies, and with the uncertainties in the Europe economy and below market expectations from China, crude oil prices may continue to decline.
How are trucking factoring companies doing? As you probably noticed, the trucking factoring industry has become very competitive. Trucking factors are constantly improving customer service and searching for ways to better service their customers. In general, a trucking factor is a good guy who specializes in providing the needed cash to their customers with a sincere desire to help the customer. Give us your feedback: How happy are you with your existing factoring company? What else can trucking factors do to better service their clients? What would you like to see in ways of improvements in the trucking factoring industry? We welcome your comments. Thank you.
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