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America's truckers issue dire warning as soaring diesel costs threaten 'domino effect'

Soaring diesel costs prompt truckers' dire warning of a domino effect.

What happened: American truckers warn that soaring diesel prices are cutting into profits and pushing trucking companies to cut routes, with smaller operators at risk of being forced off the road. Key numbers: National average diesel was about $6.32 per gallon Monday, per AAA, up from roughly $3.69 a year earlier, a jump of more than 70%. One driver reported $7.40 per gallon in Ohio. Why it matters: Drivers say route cuts could reduce take-home pay and that a loss of smaller operators could create a chain effect reaching larger carriers and eventually consumers at the grocery store.
American truckers warn that soaring diesel prices are cutting into profits and pushing trucking companies to cut routes, with smaller operators at risk of being forced off the road.
Drivers say route cuts could reduce take-home pay and that a loss of smaller operators could create a chain effect reaching larger carriers and eventually consumers at the grocery store.
Sources