Surging Fuel Prices Result In Higher Costs For Businesses

In May, diesel prices in the U.S. reached a record high, averaging $5.54 per gallon, significantly impacting truckers' bottom lines. The increase in diesel costs, exacerbated by the war in Ukraine and pandemic-related demand, has led to higher expenses for trucking companies. Some companies absorb these costs, while others pass them on, raising consumer goods prices. In California, diesel costs $6.50 per gallon, with additional surcharges affecting store owners like Adam Zax. The overall inflation has increased average item costs by 9%. Truckers face emotional fatigue due to these financial pressures, compounded by previous pandemic challenges.

In what ways are consumers feeling the impact of increased diesel prices?

What challenges do truck drivers face beyond fuel costs?