Image via Pixabay

Increasing fuel prices are leaving many smaller fleets and owner-operators more financially challenged. Many between tractor-trailer speed and gas consumption to save some serious cash.

In March, diesel prices were at a moderate $2.99 per gallon. The price peaked at $3.24 per gallon in June, and, though it has fallen a few cents these past few weeks, is still expected to throughout the summer months. Heavier freight volumes and the new ELD , are pushing trucks’ capacities. The flatbed load-to-truck ratio has risen a stunning 171% from last year. In addition, the load-to-truck ratio has risen 34%.

What does all of this mean for drivers? It’s time to slow down. According to the American Trucking Association, a tractor-trailer traveling at 65 mph saves 27% more fuel than one going 75 mph. Though the recent drivers to increase their speed, now it is more important than ever to slow down to improve gas mileage.

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