Diesel Spike Erodes Carrier Margins as Wholesale Outpaces Retail
Retail diesel up 31% since July, wholesale up twice that pace. J.B. Hunt warns of 5-10% Q3 earnings hit. Small fleets face margin squeeze with no guarantee of…
#Fuel Surcharge
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Dry Van and Reefer Spot Rates Rise, Flatbed Falls 6 Cents
FTR reports dry van spot rates up 6 cents last week, reefer up 3 cents, flatbed down 6 cents. DAT shows lower national linehaul averages across all three…
Diesel Could Hit $7 to $9 a Gallon by November, Strategist Warns
Jeff Currie sees 'extremely high' risk of $5 retail gas and diesel as high as $9/gallon if crude keeps climbing.
Brent Crude Hits $105.26 After Two-Day 8.5% Rally
International oil benchmark jumped 4% Sept. 10 after a 4.3% gain the day before. Every dollar above $100 adds roughly 3 cents to diesel retail.
Oil Tops $100 for First Time Since July on Middle East Attacks
Brent crude jumped 2.8% to $100.62/barrel Sept. 9, the first triple-digit close in two months. Every dollar adds roughly 3 cents to diesel.
Brent crude hits $97.85 as Iran war enters sixth month
Oil rose 0.9% to a six-week high Sept. 8. Every dollar adds roughly 2.4 cents to diesel retail.
Brent Crude Hits $97 as Iran Fighting Intensifies
Benchmark U.S. crude climbs to $92.92 per barrel, pushing diesel costs higher for small fleets already squeezed by elevated fuel surcharges.
Old Dominion Yield Jumps 13% in August as Diesel Climbs 46%
LTL carrier's revenue per hundredweight accelerated from July, but tonnage stayed slightly negative. Fuel surcharge step-ups padded margins as diesel spiked…
Diesel Futures Hit $4.68/Gallon, New Post-War High
CME diesel settled at $4.6773/gallon Tuesday, up 18.36 cents in one day. Retail prices lag behind, but the surge will hit fuel surcharges within days.
Intermodal Saves Up to 49% vs. Truckload on East Coast Lanes
Harrisburg-Atlanta van spot rates up 42%, intermodal up just 16%. Contract truckload climbs while rail pricing holds flat, opening the widest savings window in…
Diesel Crack Spread Hits $102, Record High Signals Pump Spike Ahead
The refinery markup on diesel just hit an all-time high of $102 per barrel, four to six times normal. What the record spread means for your fuel bill in Q4.
Diesel Hits $5.40/Gallon, Gasoline $4 in Record August Spike
Fuel costs reach all-time highs for the month, adding $270 per week to a typical over-the-road truck's operating expense.