00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Rising diesel prices are driving up produce costs across the U.S. supply chain as distributors face
00:09higher transportation expenses tied to the Strait of Hormuz closure and elevated fuel prices,
00:15according to the Wall Street Journal. Fresh produce vendors said trucking costs for items
00:19have surged as companies weigh how much of the increases to pass on to retailers and consumers.
00:25Produce prices rose more than 2 percent in February and March after increasing less than
00:301 percent throughout 2025. Vendors and economists said distributors previously absorbed higher
00:35costs from tariffs, weather disruptions and fuel spikes. Transportation, storage and fertilizer
00:42expenses continue climbing, leaving less room to avoid price increases. Economists said it can take
00:48months for indicators such as the Consumer Price Index to reflect the full impact of energy shocks
00:53on food prices. For all things money, visit Benzinga.com.
Comments