New U.S. truck standards means better efficiency and lower costs
But will savings be passed down to the customer?
On August 16, 2016, the United States finalized a new set of standards for fuel economy on large trucks including garbage trucks and long-haul semi’s, buses and similar heavy vehicles such as large pick-up trucks, delivery and passenger van in an effort to lower greenhouse gas emissions.
While these vehicles account for approximately five percent of traffic on U.S. highways, a Washington Post article indicates they emit 20 percent of the carbon emissions and chew up 20 percent of transportation-related fuel consumption.
The new standards and savings could mean lower transportation costs for products, which potentially could be passed along to the manufacturer/processor, retailer and/or consumer.
Read the full story by Brady Dennis, published August 16, 2016 on line in The Washington Post HERE.