{"id":62860,"date":"2022-06-11T06:16:36","date_gmt":"2022-06-11T11:16:36","guid":{"rendered":"https:\/\/olduvai.ca\/?p=62860"},"modified":"2022-06-11T06:16:36","modified_gmt":"2022-06-11T11:16:36","slug":"truckers-warn-skyrocketing-diesel-prices-are-making-us-supply-chain-and-trucking-industry-unsustainable","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=62860","title":{"rendered":"Truckers warn skyrocketing diesel prices are making US supply-chain and trucking industry unsustainable"},"content":{"rendered":"<header class=\"caas-header\">\n<header class=\"caas-title-wrapper\">\n<h3 data-test-locator=\"headline\"><a href=\"https:\/\/uk.news.yahoo.com\/truckers-warn-skyrocketing-diesel-prices-205249479.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly9sLmZhY2Vib29rLmNvbS8&amp;guce_referrer_sig=AQAAAN08hkHYODTBRSVoQ_xLjNDAzcld_ccJNZZP97OER071CtMNXcKNEKCJ4MjbVObldr7oZaBSlMADbu22JpTs1-Gq7iJFxEuerJNOU8HuYfG4MokOP6wZsINWnxJ9tnesdfzzGGnZ_Uyo-n6af0qV1bQEl2yXDhTHp4gZEqLSJf5E\">Truckers warn skyrocketing diesel prices are making US supply-chain and trucking industry unsustainable<\/a><\/h3>\n<\/header>\n<\/header>\n<div class=\"caas-body-wrapper\">\n<div class=\"caas-body-content\">\n<div class=\"caas-body-inner-wrapper\">\n<div class=\"caas-body-section\">\n<div class=\"caas-content wafer-sticky wafer-loader-success\" data-wf-sticky-boundary=\"caas-body-section\" data-wf-sticky-offset=\"165px   10px\" data-wf-sticky-target=\".caas-share-buttons\">\n<div class=\"caas-content-wrapper\">\n<div class=\"caas-body\">\n<figure class=\"caas-figure\">\n<div>\n<div>\n<div class=\"caas-img-container noheight\"><img decoding=\"async\" class=\"caas-img has-preview\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/ySUZzM2crxqQ3M4inFg7wQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtjZj13ZWJw\/https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/W8RLxR7CS9g9ZypG3koRig--~B\/aD0wO3c9MDthcHBpZD15dGFjaHlvbg--\/https:\/\/media.zenfs.com\/en\/business_insider_articles_888\/2006147be0ce324328acab09f969e1b1\" alt=\"Truck passes  sign at Flying J Truck Stop in Pearl, Miss., Wednesday, April 20, 2022.\" data-src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/ySUZzM2crxqQ3M4inFg7wQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtjZj13ZWJw\/https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/W8RLxR7CS9g9ZypG3koRig--~B\/aD0wO3c9MDthcHBpZD15dGFjaHlvbg--\/https:\/\/media.zenfs.com\/en\/business_insider_articles_888\/2006147be0ce324328acab09f969e1b1\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"caption-wrapper caption-aligned-with-image\">\n<div class=\"caption-wrapper caption-aligned-with-image\"><\/div>\n<\/div><figcaption class=\"caption-collapse\" data-id=\"m-0\">Truck passes sign at Flying J Truck Stop in Pearl, Miss., in April. The trucking industry offsets diesel prices through a fuel surcharge, which is calculated through a base rate that is usually added to a shipper&#8217;s freight bill.<span class=\"copyright\">AP Photo\/Rogelio V. Solis<\/span><\/figcaption><\/figure>\n<ul class=\"caas-list caas-list-bullet\">\n<li>Truckers are sounding the alarm on skyrocketing diesel prices.<\/li>\n<li>A trucking company owner went viral after warning prices could cause major supply-chain issues.<\/li>\n<li>Truckers told Insider they&#8217;ve had to take loads at a loss and are considering leaving the industry.<\/li>\n<\/ul>\n<p>A Facebook\u00a0<a class=\"link \" href=\"https:\/\/www.facebook.com\/austin.smith.7161953\/posts\/5120293694721351\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:post\" data-rapid_p=\"6\" data-v9y=\"1\">post<\/a>\u00a0from the owner of a Texas trucking company went viral last week after he warned that skyrocketing diesel prices could have longterm consequences for the US supply-chain.<\/p>\n<p>Austin Smith, owner of Iron River Express, said it has cost him over $20,000 a week to keep his three trucks running.<\/p>\n<p>&#8220;If something drastic doesn&#8217;t change in the next few weeks\/months, I promise you, you&#8217;ll see empty shelves everywhere you look,&#8221; Smith wrote in a post that was shared nearly 290,000 times. &#8220;You&#8217;ll see chaos as people fight for the basic necessities of everyday life.&#8221;<\/p>\n<p>Smith did not respond to a request for comment from Insider in time for publication.<\/p>\n<p>Insider spoke with five truckers who warned that the industry could be at a breaking point. The drivers say they&#8217;ve had to get creative in recent months as they work to turn a profit while spending thousands at the pump.<\/p>\n<p>Richard Resek, a trucker based out of ports in New York and New Jersey, told Insider he&#8217;s turning off his truck and rolling down his window instead of using air conditioning during long summer nights. He also plots out gas stations with the cheapest fuel prices.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Truckers warn skyrocketing diesel prices are making US supply-chain and trucking industry unsustainable Truck passes sign at Flying J Truck Stop in Pearl, Miss., in April. The trucking industry offsets diesel prices through a fuel surcharge, which is calculated through a base rate that is usually added to a shipper&#8217;s freight bill.AP Photo\/Rogelio V. Solis [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[14047,32952,13351,4053,3237,10303,30474],"class_list":["post-62860","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-diesel","tag-grace-kay","tag-price-inflation","tag-shortages","tag-supply-chains","tag-trucking","tag-yahoo-news"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62860"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62860\/revisions"}],"predecessor-version":[{"id":62861,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62860\/revisions\/62861"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}