Daimler Truck Customers Manage High Diesel Prices Amid Record Costs
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Record diesel prices are squeezing trucking companies in the US and Europe, though many of Daimler Truck Holding AG’s customers can still pass the additional fuel costs on to their own clients, Chief Executive Officer Karin Rådström said.
This indicates that despite the financial strain from rising fuel costs, Daimler's clients have the ability to transfer these expenses to their customers, mitigating the impact on their operations.
Daimler Truck
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Record diesel prices are squeezing trucking companies in the US and Europe, though many of Daimler Truck Holding AG’s customers can still pass the additional fuel costs on to their own clients, Chief Executive Officer Karin Rådström said.”
Bloomberg — Daimler Truck Says Customers Pass on High Diesel Prices for Now