Diesel Delusions: The Skyrocketing Fuel Cost Conundrum The transportation sector is buckling under the weight of diesel prices that have reached record breaking heights, with costs soaring over 70% in just a year.
Transport companies are sounding alarm bells, warning of a dire economic consequence. J. B.
Hunt's finance chief Brad Delco predicts a drop in earnings between 5% to 10% from the second to third quarter due to rising diesel prices.