Rising fuel costs: who's paying?

Article Abstract:

A discussion on the effect of higher fuel prices on the operations of the scrap processing industry and observations from the trucking, rail and barge operations and recyclers is presented. Trucking firms are being hard hit by rising fuel costs and the shortage of drivers. They have tried to compensate by increasing their rates from 4% to 7%. Railroad officials cannot say whether higher fuel prices have caused their load from recyclers to increase because their shipments of steel have also increased. Recyclers, for their part are experiencing a 30% trucking surcharge.

General services

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Newell Riverside sells first shredder

Article Abstract:

Newell Riverside will install an automobile shredder at OmniSource Corp's metal scrap yard in Athen, GA, which the latter acquired from Loef Company Inc. Omnisource Pres Danny Rifkin says the new shredder will allow the company to expand beyond the Great Lakes region and into the Southeast. On the other hand, a spokesman for Newell Riverside said the company is very much delighted in receiving its first order after only four months since its inception.

Capital expenditures, New orders received, Georgia, All Other Miscellaneous General Purpose Machinery Manufacturing, Auto Shredders, Scrap metal dealers, Metal shredders, Newell Riverside, OmniSource Corp.

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