https://www.live-feeds.com/feed/trucking-company-says-long-term-contracts-are-forcing-it-to-absorb-increasing-cost-of-dieselContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trucking-company-says-long-term-contracts-are-forcing-it-to-absorb-increasing-cost-of-dieselhttps://www.live-feeds.com/feed/trucking-company-says-long-term-contracts-are-forcing-it-to-absorb-increasing-cost-of-diesel#u83207Fri, 25 Sep 2026 01:16:45 +0000Diesel prices have reached record highs, exceeding $6 per gallon in 49 US states and topping $6.50 per gallon nationally. Trucking companies and businesses in Vermont are absorbing these costs due to long-term contracts. The surge is driven by a global refinery crunch and fuel shortages linked to wars in Ukraine and Iran. These price levels are impacting farmers as harvest season begins and may lead to higher holiday shopping costs for consumers. Some operators, such as a Rochester snow plow company, have already budgeted $35,000 for fuel.Why it mattersDiesel is a primary energy source for the