Truck fleet owners are scrambling to order diesel trucks before new environmental regulations go into effect this fall. Since the beginning of the year, orders for new diesel trucks have gone up nearly seventy percent over the same period last year. The Great Lakes Radio Consortium’s Matt Shafer Powell has more:
Transcript
Truck fleet owners are scrambling to order diesel trucks before new
environmental regulations go into effect this fall. Since the beginning of
the year, orders for new diesel trucks have gone up nearly seventy percent
over the same period last year. The Great Lakes Radio Consortium’s Matt
Shafer Powell has more:
The biggest reason for the sharp jump in orders is that truck fleet owners
are trying to buy as many trucks as possible before October 1st. That’s
when the EPA is going to require that trucks use newer, cleaner-burning
engines in them. Trucking industry analyst John Stark of “Stark’s News” says
these new engines will cost anywhere from three to five thousand dollars
more per truck.
“The trucking fleets are making a decision to try to beat the EPA
standards, not so much trying to be non-compliant with EPA standards, but
to avoid major price increases with these diesel engines.”
Last month, the EPA began to investigate claims that some engine
manufacturers were encouraging trucking companies to buy up the old-style
models. If true, that would be a violation of an agreement the
manufacturers made with the EPA back in 1998.
For the Great Lakes Radio Consortium, I’m Matt Shafer Powell.