While many consumers are plagued by the rising cost of gas, they are not the only casualties of this oil war. Many trucking companies are getting slammed and are struggling to find ways to make up for their increased fuel costs. Many of these extra costs are getting passed on to the employees of these companies. Weall look at the ways that diesel costs are destroying P.A.M. Transportation.

In an article that was published in the Times Record on February 10, 2008 they reported a large loss, it is written that aP.A.M. Transportation Services Inc. reported a large loss of $839,909 net income loss in the last three months ending in December 2007.a

A recent article from The Auto Channel that was issued on May 1, 2008 stated that losses were continuing for the company in the current year. For the first quarter of 2008, a whopping almost three million dollars was lost and their share were reduced to a value of only twenty nine cents.

These articles are just further evidence of the horrible situation that trucking companies, like P.A.M. Transportation, are having to deal with. It is known that the trucking and transportation industry is essential to the infrastructure of our society and it hurts the economy to have this happening as a result of high gas prices.

Drastic measures need to be taken to help P.A.M. Transportation and other trucking firms. P.A.M. is exercising executive pay cuts, and the remaining cuts come in the form of lower employee wages and health plans. This is bad for these companies, and itas bad for America.

The changes being made can be seen by the way P.A.M. Transportation has limited its coverage area. For example, the company no longer uses on of its New Jersey terminal which may save money in long the run, but in the short time they had to pay employers because of the way they severed their work contracts. Lawsuits were made for environmental concerns and the employers. The only plus of the situation is that more employment opportunities were made available in Sacramento.

Stories like the one at P.A.M Transportation are becoming more and more common nationwide, and this will see impacts beyond the trucking industry. When the trucking industry suffers, other industries suffer including all businesses that use trucks to deliver their products. This includes retail, manufacturing, construction, and others. This will undoubtedly mean higher prices at your local store for food and other consumables.

In conclusion diesel costs are destroying P.A.M. Transportation and something must be done about it so similar companies donat see the same fate. The average consumer as well as these trucking of industries will feel the pain. It will also mean that it might cost more to buy a car or purchase an electronic product. Finally, it can even affect how much you spend to build a home, as the materials to make it are all trucked to the site.

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