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.
#Operating Costs
15 posts tagged with this topic.
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.
Diesel Drops 14¢ to $5.21, Third Straight Week Down
National diesel fell to $5.21/gal June 8, down 14 cents. Still $2/gal higher than last year, but the first sustained retreat since the Iran war spiked fuel in…
Towing Bills Are Draining Small Fleets $50 a Day Over State Caps
80% of carriers paid inflated recovery fees. Most never checked state rate ceilings or audited the invoice.
PCE Inflation Jumps to 3.8% in April, Highest Since May 2023
The Fed's preferred inflation gauge rose three-tenths of a point in a month as fuel prices continued to climb.
How Much Does Traffic Congestion Cost Your Fleet in Fuel and Labor?
A FleetOwner quiz highlights the billions trucking loses to traffic delays: testing whether fleet managers know the real fuel and efficiency hit.
Diesel Jumps 12.6% in One Month, April Fuel Spike Hits Settlements
Wholesale diesel climbed 12.6% from March to April and 22.7% year-over-year as energy prices surged 7.8% in a single month.
Gas Tax Suspension Floated as Pump Price Hits $4.52
Trump administration considers temporary federal gas tax waiver after Iran conflict pushes diesel and gasoline to multi-year highs.
California Subpoenas Gas Stations Over Anomalous Diesel Pricing
State fuel watchdog targets stations charging outlier prices as diesel volatility squeezes small fleets.
Diesel Surges Past $4.48, Strait of Hormuz Closure Hits Fuel Costs
National diesel average climbs $1.32 year-over-year as crude tops $100/barrel and Middle East shipping lane remains shut.
Upgrading from 2022 to 2028 Trucks Saves $12,845 First Year on Fuel
Fleet Advantage data shows newer Class 8 models cut operating costs by nearly $13,000 per truck annually as diesel climbs past $5 per gallon: fuel efficiency…
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…