Even as business booms, truckers struggle with unprecedented costs

July 18, 2022

transportation truckers industry — **With fuel and other operating expenses rapidly rising and the wait for a new truck taking up to a year, Mills Murrey, CFO of Lard Oil Co., is closely monitoring production prices.** (Don Kadair)

Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

With diesel hovering near $6 a gallon or higher, topping off a 120- to 150-gallon tank can cost a trucker up to $1,000. The sharp rise in fuel costs over the last several months has increased operating expenses for the average trucking company by some 15%, according to the Producer Price Index. In fact, fuel

This article is only available to paid Insiders

Become an Insider Now

Already an Insider? Sign in.