Illinois leads the way with the biggest diesel tax increase on July 1
Many states went up by an automatic inflation adjusment. Illinois and Ohio were the only ones which chose big jumps.
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.
Many states went up by an automatic inflation adjusment. Illinois and Ohio were the only ones which chose big jumps.
Singapore, one of the world’s biggest centers for the supply of marine fuels, is now enforcing the mandatory use of mass flow metering system for the delivery of distillate fuels. The new mandate went into force as of July 1, 2019.
Also in the oil report: the closure of an East Coast refinery is not good news for IMO2020 preparation
Research by Clarksons confirms acceleration of scrubber installations, reducing available ship capacity.
The U.S. is too small a player in the bunker market to matter, and it will be largely isolated if it steps away from the pact.
Market expert writes about the latest tensions in the Mideast and how that might impact air and sea cargo, as well as supply chains.
There are an enormous number of price relationships that will ultimately determine the supply and demand of fuels compliant with IMO2020.
A spectacular blast lifts prices, but does it have staying power?
Maersk (Nasdaq OMX: MAER) will find out how much customers are willing to spend on its ambitious environmental agenda with a carbon-neutral container service. The world’s biggest shipping line is offering voyages on ships using a blend of cooking oil and regular heavy fuel oil. The biofuel blend, which was produced by Shell, is a […]
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
There are enough molecules and enough preparation to get the maritime industry through the IMO2020 switchover. But how will trucking be impacted?
Suppliers, traders and ship operators will need to increase credit lines and be more diligent about counterparty risk.
Ten regional haul fleets will participate in NACFE’s Run on Less Regional challenge to measure fuel efficiency and other metrics in real-world operation.
The balance among the fuels needed to be in compiant with the new rule will have a knock-on effect down to the price at the pump.
Workhorse Group secured $25M in funding to help finalize development of its NGEN electric delivery vehicle.
The structure of the Brent market says tightness, but the inventory numbers in the U.S. beg to differ
Your weekly fuel report has arrived.
There may be so little demand post-2020 for high-sulfur fuel oil that it may end up stored aboard tankers.
A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what’s ahead. A recent report by Moody’s on the health of the frac sand industry has significant implications for the transportation sector that moves the material around. The report in general was extremely bearish on […]
According to this analysis, the breakeven price to produce oil in the shale is published five times a week.