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Daimler Truck Says Customers Pass on High Diesel Prices for Now
Source: Bloomberg
Energy Markets & PricesTransportation & LogisticsCompany Fundamentals
Record diesel prices are raising operating costs for trucking companies in the US and Europe. Daimler Truck CEO Karin Rådström said many customers can pass the added fuel expense through to their own clients, partially mitigating the pressure on fleet profitability and truck demand.
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