Benchmark diesel price declines, East Coast squeeze may be getting worse
The key price used for diesel fuel surcharges declined, but the signals on the East Coast diesel squeeze remain.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
The key price used for diesel fuel surcharges declined, but the signals on the East Coast diesel squeeze remain.
As diesel prices spike and spot rates plunge, independent drivers wonder what their next move should be.
FMCSA has added three fuels to its list of energy products that can be transported beyond normal HOS rules, but will the larger rule be extended soon?
Spencer Tenney speaks on the state of merger and acquisitions in trucking and freight brokerage; host John Kingston addresses East Coast diesel.
Diesel prices have hit a new high. In a Bloomberg interview, one fuel station owner warned of rationing on the East Coast.
FreightWaves founder and CEO Craig Fuller analyzes the continuing decrease in truckload rates for dry van loads.
The International Energy Agency’s closely watched monthly report does not see any significant relief for the current tight global oil market, particularly diesel.
Diesel inventories on the East Coast are at record lows. Truckers are spooked by the vanishing stocks and soaring rates.
East Coast diesel inventories are down more than 50% from January, but some signals suggest an easing may be in sight.
The tight diesel market on the East Coast has lifted retail prices in that region far above the rest of the country.
FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.
With first-quarter earnings pretty much all in the book, Todd Fowler of KeyBank discusses how trucking performed in a strong quarter.
Fleetcor’s reported first-quarter earnings Thursday include a steady retention rate of 93%.
The East Coast diesel market is getting tighter. Prices are rising, particularly for buyers demanding fuel for the fastest delivery time.
The benchmark DOE/EIA retail diesel price is at its all-time high after an almost 35-cent increase in the number since last week.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
The trucking industry is looking to pull young people into the industry through a new group. FreightWaves talks to the organization’s president.
Diesel has been climbing at a rate far greater than that of gasoline or crude, and a well-known economist offers reasons why that is likely to continue.
Diesel futures on the CME commodity exchange soared Monday even as crude prices fell, suggesting that the market is headed into a significant squeeze.
Freight brokers, just like the truck drivers they serve, are in hot demand. A recruiter in the business discusses why. Also: diesel breaks another record.