Diesel at $6.53: Why Truckers Are Earning 50% More as Costs Soar

CLAVE 1 / 4Diesel prices have reached a record $6.53 per gallon, squeezing trucking margins.

CLAVE 2 / 4Covenant Logistics Group recovers only 80% of fuel costs through surcharges, leaving 20% unrecovered.

CLAVE 3 / 4Non-fuel operating costs, including driver pay, have surged 40-50% since 2019.

CLAVE 4 / 4Spot rates are up 80-90 cents per mile from a year ago, now averaging $3.50.

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