12 Hrs
Source:
Los Angeles Times
Los Angeles Times
Ready to play
Ready to play
The trucking industry is facing severe financial challenges due to record-high diesel prices, especially in California where prices exceed $8.35 per gallon. Small trucking businesses are struggling with rising fuel costs, leading some to downsize or consider exiting the industry. Driver shortages caused by regulatory crackdowns have further worsened the situation, reducing freight capacity and increasing operational costs across the sector.
Notice: This Is an AI-Generated Summary
Comments (0)