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 lower the carbon intensity of the fuel, the higher the value,” Megan Boutwell, VP of operations at Stillwater Associates, said about low-carbon fuel standards.
Stephen Jones of Argus Media is one of the company’s leading analysts. He shares the Argus view of the market at the FreightWaves Fuel Buyers Summit.
Even as the benchmark number rose, diesel on the key commodity exchange declined sharply.
Times are very good for independent drivers, according to a person who works with their finances.
FreightWaves has a diverse group of experts to talk about the No. 2 cost for trucking companies.
There is still lots of lost crude oil production in the Gulf of Mexico from Ida.
The Biden administration set a target to produce 3 billion gallons of sustainable aviation fuel by 2030. Domestic production currently sits around 4.5 million gallons per year.
FreightWaves’ Brian Straight was at the big conference for home delivery in the city of brotherly love.
Even as the benchmark number for surcharges rose, the commodity price Monday took a significant downturn.
Last week’s commodity diesel prices were higher after big declines the previous week.
Loss of refining capacity seems to be spooking traders more than the crude production outages in the Gulf of Mexico.
Also on the podcast: The founder of a logistics startup surveys the pre-holiday supply chain.
A.P. Moller – Maersk expects to save about 1 million metric tons of CO2 emissions annually with eight dual fuel container vessels.
On the same day, the commodity price of ultra-low sulfur diesel took a huge upward move.
The downward pressure on oil markets can be summed up by the two D’s: delta and dollar.
Also on the podcast: Trimble’s Delaney looks at the TMS landscape today.
Commodity and wholesale prices are falling sharply, but retail numbers are not falling as fast.
The latest IEA report shows an oil supply/demand imbalance may be on its way to easing.
Whether it is difficulty restocking gasoline stations or the need to move agricultural products around due to drought, the waivers seek to boost trucking capacity.
Growing concerns about oil demand declining as a result of the Delta variant are pushing prices lower.
