Fuel News

It’s the same story for carriers and shippers: up like a rocket and down like a feather

Singapore surge is “trigger” for Maersk to add fuel new surcharge.

Plus, a subdued CES 2020 and Ralph Nader disses Tesla.

Seeing expansion of the truck stop business as finite, Pilot Flying J is rapidly expanding its energy business. Reflecting that is a name change to the Pilot Company, an homage to the single gas station founder Jim Haslam purchased in 1958.

Jet fuel demand could be impacted by a drop in air travel, which would work to push down diesel prices.

Rob Moseley is an attorney at Moseley Marciniak in South Carolina. He’s defends trucking companies in the courtroom, and he’s watched as verdicts against trucking companies have been soaring. Is this a sudden shift or just another period in a cycle? And how should trucking companies deal with it? Host John Kingston talks to Rob […]

Companies cite permitting issues, but the market for the product remains hot on environmental regulations.

We gear up into this frigid week with a wild ride of headlines and industry updates. First, some bad news: a fatal shooting at a family-owned trucking company in San Antonio leaves two dead. A new cap-and-trade carbon emissions bill unveiled in Oregon last week continues to draw criticism from the trucking industry that helped […]

FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.

Fuel is the second-largest expense for trucking fleets, after labor. Every penny a fleet saves on fuel goes directly to the bottom line. Predicting where wholesale rack diesel prices will go has always been tricky. SONAR, FreightWaves’ forecasting platform introduces next day wholesale rack ULSD predictive prices.

(Updated with comments from Love’s spokeswoman on size of growth in 2019). Love’s Travel Stops’ growth plans this year are in line to slightly more aggressive than those of 2019 and 2018. In a prepared statement Thursday morning, the truck stop and store operator said it was going to open “up to” 40 stores this […]

A new book places IMO 2020 in the context of a potential “third revolution” for shipping.

What does it mean to be “energy independent?” The President of the United States thinks the country is there now. On this week’s Drilling Deep podcast, host John Kingston talks about how the U.S. can never truly be independent under most definitions. But that doesn’t mean that things aren’t a lot better than they used […]

There’s one pairing of numbers that indicate the U.S. is energy independent. But beneath those numbers, it gets a lot less clear.

Moreno Valley ignored environmental regulations when it greenlighted construction of the World Logistics Center, one of the largest complexes in the country.

Amazon has enabled customers to pay digitally at gas stations via Alexa, which can confirm the station location and pump number and activate the pump for drawing fuel.

The principles of Environmental/Social/Governance are going to be a factor in the future, according to Morgan Stanley

There are plenty of individual interests likely to want enforcement of IMO 2020. But is the market incentivizing noncompliance?

The “New Year’s Eve surprise” may have been a first step toward getting the California trucking industry out from under the AB5 legislation that will have serious consequences for the independent owner operator model. Weston LaBar is the CEO of the Harbor Trucking Association, which represents the drayage industry. He spoke on the Drilling Deep […]

Diesel prices, like all commodities, are priced based in real-time based on the balance of supply and demand. Before we dive into how diesel prices are generated, we should discuss the two most important factors in what prices consumers will see at the pump: retail and wholesale.