Fuel Costs Climb 18% Since August, What Small Fleets Can Do
Diesel at $6.38/gallon and crude above $105/bbl have pushed fuel from 28% to 33% of operating cost for a typical 5-truck fleet. Here's what works to cut the…
#Diesel Prices
146 posts tagged with this topic.
Diesel Hits $6.30, Futures Jump 5% as Russian Supply Deal Doubted
Wholesale diesel spiked October 13 as traders bet Russian volumes won't arrive. Tom Kloza says the $6.53 record could fall by midterms.
Intermodal Volume Up 10.4% as Rail Takes Long-Haul Freight from Trucks
U.S. rail traffic jumped 7.2% in week 40, led by intermodal gains and broad carload growth across 17 of 20 industrial categories. High diesel prices and tight…
EPA Proposes 100% Reallocation of Refinery Biofuel Exemptions
The agency wants to shift compliance costs back to refiners that received small-refinery waivers, restoring demand for biodiesel and renewable diesel that hits…
0.1 MPG Saves a 50-Truck Fleet $15,000 a Year on Diesel
GP Transco's Alex Gorno explains why small fuel efficiency gains fund driver raises and bonuses, and how fleets capture them before trucks hit the road.
C.H. Robinson to acquire RXO for $6 billion in freight brokerage merger
The deal creates a $25 billion enterprise and is expected to close in the first half of 2027. Spot rates rose 3 cents last week while diesel fell 18 cents to…
Hurricane Isaias Could Push Diesel Higher on Top of Mideast Supply Hit
Refinery shutdowns from the storm would tighten fuel supplies already squeezed by conflict in the Middle East and the war in Ukraine.
Factory Backlogs Hit $1.6 Trillion as Freight and Steel Costs Climb
Unfilled orders rose 0.6% in August while shipments stalled. ISM's prices index jumped 6.8 points to 77.9, the largest move in the report, driven by freight,…
Brent Crude Jumps 5.3% to $105.54 on Saudi Explosions
International oil benchmark spiked early Oct. 8 after blasts in Riyadh. What the move costs small fleets at the pump.
Brent Crude Hits $102.10 as Middle East Attacks Resume
International oil benchmark rose 1.5% Oct. 7, now $55 higher than a year ago. What the climb costs small fleets.
Spot Rates Up 10% While Accepted Tenders Fall 3% in Rare Disconnect
Dry van spot rates climbed to $3.53/mile even as contracted freight volume dropped below its 12-month average. Diesel costs and tight capacity explain the…
Manufacturing PMI Holds at 54.5, But Input Costs Jump 6.8 Points
Ninth straight month of expansion masks rising raw-material prices and diesel-driven transport costs that will hit carrier rates and shipper budgets.