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June 23, 2008

Diesel prices driving some truckers broke

  • Trucking company failures and a loss of excess capacity will likely drive up shipping rates when the economy rebounds.
    • By DAN CATCHPOLE
    Associated Press Writer

    AP Photo/John Froschauer [enlarge]
    Truck driver Fletcher Mack closes the back of his truck after a delivery in Seattle. As an independent driver, he sees a bleak financial future for himself and thousands like him across the country with the fast rising price of diesel and more drivers chasing less freight.

    SEATTLE — Independent trucker Fletcher Mack owns a white Freightliner with his name stenciled in green on the door. These days he's reaching deeper into his pocket for fuel. With the price of diesel rising fast and more drivers chasing less freight, he sees a bleak financial future for himself and thousands like him across the country.


     
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