Why the Northeast is quietly running out of diesel
Diesel inventories on the East Coast are at record lows. Truckers are spooked by the vanishing stocks and soaring rates.
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.
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.
Join FreightWaves for the Net-Zero Carbon Summit on April 22.
Plug Power entered an agreement to provide Walmart lift trucks with up to 20 tons of green hydrogen per day.
The retail diesel benchmark price published by the Department of Energy rose less than 3 cents a gallon even as futures prices tacked on more than 60 cents a gallon over the past four trading days.
The acquisition market for truck freight brokerages is hot these days. A banker involved in such deals joins host John Kingston on the podcast. Also: why the diesel market is helping to drive oil prices higher.
Rising costs prompt Amazon to impose its first-ever fuel and inflation surcharge on sellers.
Diesel futures prices soared as a weekly report of the Energy Information Administration showed tight inventories for both diesel and jet fuel, but also signs of softening diesel demand.
During FreightWaves’ Enterprise Fleet Summit, experts discussed how fleets can adapt to rapidly changing fuel prices.