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SobErINg exceeding total economic output. The
Most folks probably don’t realize last time America’s debt topped the size
that our U.S. Congress hasn’t passed a of its overall economy was in 1947 due
budget since April 29, 2009. Congress to the costs incurred fighting World
has chosen to ignore a mandate on War II.
itself. The 1974 Congressional Budget
Act obligates both chambers to adopt a U.S. dIESEl prIcE loWEST IN
budget resolution every year by April 15. EIgHT moNTHS
During this time, the national debt economy. In fact, the United States The national average retail diesel
has grown from $11 trillion to nearly recently joined Greece on the short list price fell 6.5 cents to $3.781 a gallon
$16 trillion – exceeding the entire U.S. of seven developed nations with debt – the lowest price in eight months –
during the week of June 11, according
to the U.S. Department of Energy’s
Transportation | Workplace Safety | Human Resources Energy Information Administration.
The average price has fallen 36.7 cents
in the past nine weeks and is 17.3
cents below the same week last year.
Average retail prices fell in all
regions, led by a 12-cent decrease
on the West Coast, which excludes
California, where prices fell 10.3 cents
but remained the nation’s most expen-
sive at $4.066 a gallon, the only area
Rely on us still costs more than $4. The smallest
of the country where diesel on average
decrease was 4.6 cents in the Rocky
Mountain region. The least expen-
sive diesel was $3.696 a gallon in the
Midwest.
to help you run a safe and compliant operation.
loSINg 9 of 10 ISN’T grEaT
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Count on J. J. Keller’s 1,200 associates, including a staff OUTSOURCE American Trucking Associations (ATA).
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not leaving, with turnover rates remain-
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From Online, Outsource and Advisory Services to SERVICES ATA Chief Economist Bob Costello
Mobile Technology and beyond, the right blend of said smaller truckload fleets with less
resources is here for you. than $30 million in revenue experienced
an unusually high turnover rate of 71
MOBILE
TECHNOLOGY percent in the first quarter – its highest
level since the second quarter of 2008.
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In 1986, the American Trucking
16 aRkansas TRucking RePoRT | issue 3 2012

