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Diesel prices surge threatens US timber industry profits as fuel costs near $1,350 per truck fill-up.

Market News
10 Sep 2026
Fox Business
View Source
Bearish
Diesel prices surge threatens US timber industry profits as fuel costs near $1,350 per truck fill-up.

Rising diesel prices are severely impacting the US timber industry, with fuel costs now consuming up to 45% of operating expenses, nearly doubling from previous levels. Filling a logging truck costs about $1,350, squeezing profits as timber prices remain stagnant. The American Loggers Council urges the government to suspend the federal diesel tax and halt diesel exports to ease the crisis. Without intervention, many logging businesses face financial distress due to unsustainable fuel expenses.

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KeyBanc starts coverage on Air Products with neutral rating amid strong profits and strategic growth.

KeyBanc starts coverage on Air Products with neutral rating amid strong profits and strategic growth.

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RH beats expectations with Q2 EPS of $2.70 and $922M revenue, defying recent stock drop.

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Tenon Medical jumps 116% after clearing convertible debt, boosting shareholder value.

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Kroger faces retail challenges with cautious spending ahead of earnings report on Sept 11, 2026.

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GameStop insider buys $1M in shares on earnings report day, signaling confidence.

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