BP Profit Hits 18-Year High as Refining Margins Soar
Energy giant posts strongest earnings since 2008 on refinery boom, accelerating debt paydown as diesel prices stay elevated.
#Operating Costs
25 posts tagged with this topic.
Georgia Extends Diesel Tax Break Through Nov. 30
The state's 37.3-cent-per-gallon diesel excise tax suspension runs through Thanksgiving, cutting fuel cost for fleets running I-75 and I-85.
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 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.
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.
ArcBest Cuts 300 Jobs, Closes Terminals to Save $40M as Costs Climb
Fort Smith carrier books $80M in charges to restructure operations and scrap its Vaux trailer-loading system while industry-wide operating costs rise 3.4%.
Tire Costs Jump 6.4%, Driver Pay Tops $1 Per Mile for First Time
Operating costs climbed through 2025 as tariffs hit tires and driver compensation crossed the dollar mark, squeezing margins in the third year of soft freight.
Diesel Up 40% in Two Months, What Small Fleets Are Doing to Survive
National diesel averages hit $3.78 to $3.81 by spring 2026, with California fleets paying over $4.50. Fuel surcharges lag weeks behind, leaving small carriers…
Operating Costs Rose 4.2% in 2025, Outpacing Inflation by 1.5 Points
ATRI data shows trucking costs climbed faster than consumer prices for the second straight year, with driver benefits up 6.6% while wages lagged at 2.5%.
Illinois Tollway proposes 30% commercial rate hike starting 2027
Class 8 trucks would pay $26.15 at Dixon plaza on I-88, up from $20.10, under capital-program funding plan.
Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
Agreement lets Iran sell crude freely, reversing sanctions that spiked diesel 50% since war started. What the fuel-price drop means for small fleets.
Inflation hits 4.2% in May as energy costs squeeze shop budgets
Real hourly earnings fell 0.7% in the biggest single-month drop in three years. What the May CPI spike means for parts, labor, and truck operating costs.