Jevic Transportation, a trucking company that has been in business 27 years has closed. Their website has this announcement:
“I regret to inform you that Jevic Transportation Inc. will be discontinuing operations. The current high fuel costs, economic downturn, increasing insurance costs, and tightening credit markets have made this decision necessary.”
How is the economic downturn and the high fuel costs among all the other risings costs, affecting your business?
What are you doing to survive?
Share your gas saving and money saving tips here so we can help business owners keep their heads above water. I would be curious to know if Jevic had any accounts receivables outstanding at the time they closed their doors.
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