Nationwide Trucking Company Files for Bankruptcy Amid Diesel Price Shock

Nationwide Trucking Company Files for Bankruptcy Amid Diesel Price Shock

Another nationwide trucking company has filed for bankruptcy protection, as the wider logistics industry continues to grapple with near-record diesel prices and other economic headwinds.As of Wednesday, AAA put the nationwide average at $6.30 per gallon of diesel, down from the all-time high of $6.53 reached in September but up from $3.68 a year ago.

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Reported by newsweek.com.

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