November 20, 2022 1:09pm EST
Diesel price increase affects trucking industry
The industry is also seeing a shortage of truckers, which could contribute to higher prices at the stores for customers
By Joy Addison FOXBusiness
Nationwide, truckers and trucking companies have been dealing with the rising prices of diesel since this summer. They say they are seeing no sign of these prices coming down.
Chris Shelton is a driver for Lightning Logistics. He says his company added an extra charge for fuel that lowered his expenses, and it is the only thing keeping food on his family's table.
"It makes it harder and harder to budget yourself out each week," Shelton said.
Adam Wright owns Lightning Logistics and say’s he’s doing what he can to keep his drivers afloat.
"We had to go to our customers, and we had to say, ‘Look, this is a unique environment.' Fuel is through the roof now, so we had to go to our customers and put a fuel surcharge in place" Wright said.
And drivers like Shelton say this fuel surcharge saved his finances.
"Without a fuel surcharge, none of us would have been able to operate" Shelton says.
According to AAA, one year ago a gallon of diesel fuel was $3.65, on average. Now, it is up to $5.33. Shelton says the high prices coupled with a trucker shortage are hurting the whole industry.
more
https://www.foxbusiness.com/economy/diesel-price-increase-affects-trucking-industry
