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Cranberry Journal

Saturday, October 3, 2026

Also in this edition
Markets
  • S&P 5007,722.72+0.73%
  • Nasdaq27,190.86+1.19%
  • Dow51,176.96+0.49%
  • 10-yr yield5.28%+0.76%
  • Crude$91.11−1.90%
At the close · Oct 3

Diesel

Tagged stories

Two American semi-trucks with refrigerated trailers parked side by side in Arizona, seen from the front.
Business

The Trucking Companies Going Bankrupt Are Small. Diesel Is Paid in Days, Freight in Months.

At least 16 trucking and delivery companies entered bankruptcy between late August and 21 September, FreightWaves found. Seven of them ran six trucks or fewer. Diesel hit a record $6.53 a gallon in the same weeks, but spot freight rates have also risen, from about $2.40 a mile a year ago to $3.42. The squeeze on small carriers is less about the price of fuel than about when they have to pay for it.

By Cory Chamberlain  

An oil refinery in Japan at dusk, with storage tanks, towers, pipework and chimneys silhouetted against a golden sky.
World

The G-7 Will Release 100 Million Barrels. Some May Already Have Been Promised in March.

The Group of Seven agreed on Friday to release 100 million barrels of diesel and crude from emergency stocks over four months, coordinated by the International Energy Agency. The statement gives no split between diesel and crude, names no countries, and describes the release as implementing existing commitments. US diesel stocks are at their lowest for late September in four decades of weekly records.

By Alison Acosta