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Why is Jevic Trucking company closing after 27 years in business?

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Why is Jevic Trucking company closing after 27 years in business?

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They are closing due to high diesel and insurance costs as well as the poor economy. I’m sure we will probably be reading more stories like this as time goes by… “Peter A. Robinson, director of marketing and corporate communications, said the company had been feeling pressure from the economic downturn for months and had been reducing positions for some time. “When you are a carrier, you see the recession coming before anyone else,” he said. “Customers are shipping less.” http://www.philly.com/philly/business/breaking/20080519_Jevic_Transportation_closes__citing_fuel_costs.

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