41 years in trucking.
Then he stopped.
Michigan owner-operator Dan Chidester ended his authority in June 2022 as lower rates and high fuel costs squeezed his business.
Another owner’s story · FreightWaves ↗Your network can help local truckers find fuel-price protection before the next spike.
Talk about an introduction
Higher diesel and other costs met falling freight rates. Mike Dow and his brother closed their company and sold their trucks rather than borrow against his home.
His story · FreightWaves, July 2022 ↗Illustration of financial strain; the people shown are fictional.
Michigan owner-operator Dan Chidester ended his authority in June 2022 as lower rates and high fuel costs squeezed his business.
Another owner’s story · FreightWaves ↗Hedjee’s paid protection can offset a covered diesel-price rise. You can help it reach the businesses that need it.
less spent on fuel,
after protection cost.
5,000-gallon illustration · historical model
Source unit costs multiplied by 5,000 gallons, rounded to whole dollars. The original model prices 1 million gallons; this is not a smaller-volume quote or either trucker’s result.
NY Harbor wholesale benchmark; local pump prices may differ. Payment follows month-end settlement. Without a qualifying rise, there is no payout and the premium remains a cost.
More local businesses moving forward. Let’s work toward that together.
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