Fuel News

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.

The diesel market is softening under a potential decline in Chinese demand and signs of Russian oil getting into the market.

Fuel supplier Pilot Company raised $1 million for Save the Children’s efforts in Ukraine through round-up donations at travel centers and restaurants.

UPS’ surcharges close in on rival FedEx’s levies.

How did truck drivers do in 2021? Their tax returns tell the story. And how jet fuel is impacting the price of diesel.

The partnership marks a “pivotal step” toward making green e-methanol more accessible and commercially viable for the maritime industry.

FreightWaves Founder and CEO Craig Fuller analyzes the current costs of trucking.

The jet fuel market is at record-breaking levels, and that can have a spillover impact on diesel prices.

Bob Bortner of IMI dives into the most effective fuel-saving strategies when combating exorbitant fuel prices.

The big drop in futures prices shows that the demand side of the equation still matters.

Also on the podcast: diesel is kicking crude’s butt.

The lag in retail prices led to the biggest drop in the DOE number in seven years, but the futures price is surging.

“With every SAF deal, we are increasingly aware of the huge task that lies ahead in utilizing more sustainable solutions to help our customers,” said John Pearson, CEO of DHL Express.

As fuel prices rise, the ability of last-mile delivery firms to either absorb those costs or pass them along to customers could be key to their survival.