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Fuel-Price Hikes to Hit Shippers, Truckers Across U.S. Economy

  • Steep rise may hit smaller trucking firms’ cash flow, ATA says
  • Shipping spot rates could climb further: Vespucci Maritime
Trucks at the Port of Los Angeles in Los Angeles, California, U.S.

Trucks at the Port of Los Angeles in Los Angeles, California, U.S.

Photographer: Allison Zaucha/Bloomberg

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Soaring U.S. energy prices are hitting all modes of transport, squeezing smaller shipping lines amid already-volatile ocean rates, as well as truckers who have to contend with delays in clawing back higher costs.