Security Costs Mounting, Roadway Boss Says
Speaking at the spring meeting of the National Small Shipment Traffic Conference here, Staley said Roadway is paying out more money in road tolls and his trucks are being inspected with more than twice the frequency than before the terrorist attacks.
Because the public transportation authority that operates bridges over the Delaware River has had difficulty getting affordable insurance, Staley said the price of tolls has risen from $4 a truck crossing, to $16. That means Roadway’s annual expenses for Delaware bridge crossings will soar to $674,100 from $165,900.
In terms of time lost due to inspections, Staley said about 60 Roadway trucks or terminals were inspected each month from June until Sept. 11. Since then, he said, about 160 trucks or terminals a month have been inspected -- an increase of 150%.
Roadway is ranked No. 7 in the 2000-2001 Transport Topics list of the 100 largest trucking companies in the United States.
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