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Soaring diesel prices threaten collapse of timber industry: 'We're in trouble,' executive warns

Source: foxbusiness.com

Energy Markets & PricesCommodities & Raw MaterialsCompany Fundamentals
Soaring diesel prices threaten collapse of timber industry: 'We're in trouble,' executive warns

Surging diesel costs are squeezing profitability across the U.S. logging industry, with fuel accounting for 40-45% of logger operating costs. The increase materially raises harvesting expenses and pressures margins for timber suppliers, though the article provides no industry-wide earnings or price-impact estimates.

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