Capacity Plummets 10.9 Points in April, Tightest Freight Market in a Decade
Transportation capacity hit 28.4 on the Logistics Managers' Index, the second-fastest decline on record, while spot prices jumped 5.6 points to 95, the widest…
#Fuel Costs
82 posts tagged with this topic.
Diesel Jumps 29 Cents in One Week, Futures Signal More Pain Ahead
DOE benchmark diesel hit $5.64/gallon this week, erasing three weeks of declines. Futures climbed 28 cents in five trading days as Hormuz blockages persist and…
Brent Crude Falls to $111.43 as Hormuz Closure Drags On
International benchmark drops 2.7% despite strait remaining largely shut: diesel and fuel surcharge implications for small fleets.
Renewable Diesel and RNG Gain Ground as Crude Tops $110
With Brent at $110 and diesel costs climbing, renewable diesel, high-blend biodiesel, and renewable natural gas are drawing more small-fleet interest for cost…
Brent Crude Hits $110.37, Up 2% on Strait of Hormuz Tensions
International oil benchmark climbs to $110.37 per barrel as geopolitical risk tightens supply. What the move means for diesel costs and small-fleet fuel bills.
Brent Crude Up 11% for the Week: Closes at $109.88
International oil benchmark gained roughly 11% over five trading days despite Friday slip, keeping diesel costs elevated for small fleets.
PCE Inflation Hits 3.5%, Highest in Three Years on Fuel Spike
March year-over-year inflation jumped to 3.5 percent as diesel and gasoline prices climbed, tightening margins for owner-operators and small fleets already…
Oil Slides to $108.51 but Diesel Still Pinches Small Fleets
Brent crude fell $1.93 overnight, a drop that barely registers against fuel costs running 40% above pre-pandemic norms.
Oil Hits Highest Price Since June 2022 as Hormuz Conflict Drags On
Crude surge driven by U.S.-Iran standoff and choked Strait of Hormuz flows: no end date in sight for fuel cost relief.
Diesel Drops While Gas Climbs: National Average Diesel Down to $4.12
EIA reports diesel at $4.123 per gallon, 8 cents below last week, while AAA pegs retail diesel $1.11 higher at $5.461: a $1.93 year-over-year jump that hits…
Oil Jumps 3%: Brent at $107.61, WTI at $103.32
Benchmark crude prices posted sharp single-day gains April 29, pushing Brent above $107 and WTI above $103: the highest settlement in three weeks.
Brent Crude Holds Above $100 for Eighth Straight Week on Iran Conflict
International benchmark rose 1.8% to $103.76 April 23: diesel and fuel surcharges track the move.