# Fuel hikes set to consolidate Mexican trucking sector | Journal of Commerce

> A double-digit rise in diesel prices in Mexico, reported at 17 percent, is expected to push smaller trucking firms out of business. The head of a large Mexican carrier said this would lift freight rates.

- Date: 2017-01-18 · published 2017-01-18T12:00:00.000Z
- Category: logistics · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/73149-fuel-hikes-set-to-consolidate-mexican-trucking-sector-journal-of-commerce
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher trucking costs and tighter capacity in Mexico raise the delivered cost of feed ingredients and grain moving by road.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-07-21 | [Trans-Pac spot rates await peak season bounce \| Journal of Commerce](https://feedsoft.ai/events/69841-trans-pac-spot-rates-await-peak-season-bounce-journal-of-commerce.md) | +3.8% | +2.1% |
| DIESEL | 2019-06-17 | [US agriculture exporters under low-sulfur fuel pressure \| Journal of Commerce](https://feedsoft.ai/events/58773-us-agriculture-exporters-under-low-sulfur-fuel-pressure-journal-of-commerce.md) | +4.9% | +6.7% |
| DIESEL | 2019-11-20 | [Shippers warn of CN strike disruption \| Journal of Commerce](https://feedsoft.ai/events/55971-shippers-warn-of-cn-strike-disruption-journal-of-commerce.md) | +5.5% | +8.7% |
| DIESEL | 2017-09-16 | [In the hurricanes' wake: Fuel, nitrogen… \| PB Commercial](https://feedsoft.ai/events/69269-in-the-hurricanes-wake-fuel-nitrogen-pb-commercial.md) | +1.0% | -0.1% |
| DIESEL | 2022-11-05 | [Vietnam to continue facing difficulties securing fuel supplies, minister says \| Reuters](https://feedsoft.ai/events/38982-vietnam-to-continue-facing-difficulties-securing-fuel-supplies-minister-says.md) | -5.0% | -30.6% |

## Sources

- joc.com: https://www.joc.com/article/fuel-hikes-set-to-consolidate-mexican-trucking-sector-5202530

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