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16 U.S. Trucking Companies File For Bankruptcy In Less Than A Month As Diesel Prices Soar

16 U.S. Trucking Companies File For Bankruptcy In Less Than A Month As Diesel Prices Soar Diesel prices have exploded over the past month, creating another major cost shock for an industry that was already operating on thin margins. The national average climbed from roughly $5.60 per gallon at the end of August to a record $6.53 in late September, an increase of about 17% in just a few weeks. Prices have eased slightly from that peak, but the EIA’s latest weekly reading still puts diesel at $6.38 per gallon,...
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