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 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.
Host John Kingston also discusses why retail diesel prices haven’t plummeted with the fall in futures prices.
Spreads between retail and wholesale prices have been at a record low and a record high in just one week.
Estimates are for increases in supply of several hundred percent, raising the question of whether there are enough raw materials to reach those renewable diesel goals.
New one-week lag time, down from two weeks, matches FedEx’s surcharge sequence.
The benchmark price moved up even as commodity diesel prices are headed sharply lower.
From a lack of labor to concerns over long-term value, there are hurdles to the U.S. industry ramping up output.
The six companies plan to produce at least 730,000 metric tons of green methanol by the end of 2025.
