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Diesel hits $6.31 a gallon as transport firms warn of fuel costs

Diesel prices reached an all-time high of $6.31 per gallon on Wednesday, raising operating costs for trucks and trains.

Reported · Written up by our desk · Trade & Tariffs

Transport companies are warning that rising fuel expenses could strain the broader economy, with diesel prices hitting a record level.

CNBC Economy reports diesel, the fuel used to power trucks and trains, came in at an all-time high of $6.31 per gallon on Wednesday.

The spike in diesel costs increases the input price for freight-heavy industries that rely on consistent fuel purchases to keep goods moving.

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