Skyrocketing, record-breaking diesel fuel prices are forcing some logging and trucking operations to shut down. More shutdowns will follow. Fuel was once 25 per cent of the operational cost of running a truck, now it is up to 60 per cent plus. When it costs $1,118 to fill up a logging truck, plus the other expenses to operate, there is not a profit at the end of the day. Unlike most industries, the US timber industry cannot pass on increased costs caused by fuel and inflation. Their consumer (mills) simply ...
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