# Florida trucking CEO warns soaring diesel costs are squeezing carrier profits  - FreightWaves

> Florida Trucking Association CEO Scott Perry says fuel has overtaken driver pay as the largest operating expense for some fleets. He cited a roughly 70% year-over-year rise in fuel costs and said tightening capacity is supporting freight rates.

- Date: 2026-10-29 · published 2026-10-29T18:06:01.596Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/1465-florida-trucking-ceo-warns-soaring-diesel-costs-are-squeezing-carrier-profits
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Sharp diesel cost increases raise trucking and feed delivery costs, and tighter capacity supports freight rates that feed into delivered feed prices.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-08-30 | [Mixed information coming out of Florida on diesel fuel availablity - FreightWaves](https://feedsoft.ai/events/57780-mixed-information-coming-out-of-florida-on-diesel-fuel-availablity-freightwaves.md) | +1.7% | +4.3% |
| DIESEL | 2022-11-18 | [Diesel drives fleet costs, freight market shifts \| FleetOwner](https://feedsoft.ai/events/38878-diesel-drives-fleet-costs-freight-market-shifts-fleetowner.md) | -9.9% | -15.1% |
| DIESEL | 2026-10-20 | [Benchmark diesel price up as market takes a short breather - FreightWaves](https://feedsoft.ai/events/632-benchmark-diesel-price-up-as-market-takes-a-short-breather-freightwaves.md) | -0.2% | — |
| DIESEL | 2021-05-12 | [Diesel outages starting to rise in Southeast on back of Colonial closure - FreightWaves](https://feedsoft.ai/events/47276-diesel-outages-starting-to-rise-in-southeast-on-back-of-colonial-closure.md) | +0.6% | +3.9% |
| DIESEL | 2026-04-29 | [Surge in Diesel Prices Tightens U.S. Trucking Capacity \| SupplyChainBrain](https://feedsoft.ai/events/19894-surge-in-diesel-prices-tightens-u-s-trucking-capacity-supplychainbrain.md) | +1.7% | -9.2% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/florida-trucking-ceo-warns-soaring-diesel-costs-are-squeezing-carrier-profits

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.