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Co-op investment tightens basis, but venture is not risk-free.
Truck rates are running well below a year ago and most U.S. fresh produce shipping districts had adequate to surplus truck availability in late May.
Truck rates moved strongly higher in south Texas and Arizona in early June, the U.S. Department of Agriculture reports.
Fair Oaks milk trucks no longer use diesel. Instead, they head to dairy manufacturing plants to fill up.
The adoption of federal legislation known as MAP-21 exempts the equipment and its operators from some Federal Motor Carrier Safety Regulations.