NEWS

Record-breaking diesel fuel prices are forcing some logging and trucking operations to shut down. Fuel was once 25% of the operational cost of running a truck. Now, that has increased to more than 60%. "When it costs $1,118 to fill up a logging truck, plus the other expenses to operate, there is not a profit at the end of the day." 

Resources:

• PRWEB: Skyrocketing diesel prices are beginning to shutdown logging and trucking operations and threatens the entire timber supply chain, warns the American Loggers Council
• Maine Public: Inflation is squeezing Maine loggers, leading to some tough decisions for the industry