Diesel prices fall after 4-week rise
The benchmark diesel price used for most fuel surcharges was down this week after several weeks of increases.
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 benchmark diesel price used for most fuel surcharges was down this week after several weeks of increases.
Cummins Inc. an engine-maker and power distribution company will invest $150 million to convert about half of its manufacturing space in Columbus, Indiana. The announcement comes after the company was fined $1.675 billion for emissions violations.
The price used as the basis for most fuel surcharges has now risen four consecutive weeks.
The benchmark diesel price used for most fuel surcharges rose for the third straight week.
The benchmark price used for most fuel surcharges rose for the second consecutive week.
The benchmark diesel price used for most fuel surcharges increased for the first time in 10 weeks.
The benchmark diesel price used for most fuel surcharges dropped again, but diesel may be starting to turn around.
The DOE/EIA benchmark price used for most fuel surcharges declined again.
The benchmark price used for most diesel fuel surcharges declined for the seventh straight week.
The diesel price used as the basis for most fuel surcharges is down to levels not seen since July 2023.
The benchmark diesel price used for most fuel surcharges fell for the fifth straight week.
The benchmark diesel price used for most fuel surcharges was down Monday for the fourth week in a row.
The benchmark diesel price used as the basis for most fuel surcharges declined for the third week in a row.
The benchmark diesel price used for most fuel surcharges is below $4 a gallon once again.
“This is the first locomotive that’s actually 100% remanufactured for hydrogen,” said Dragan Jankovic, CSX director of locomotive engineering.
The oil market is up overall, but diesel hasn’t soared despite Ukraine’s attacks on Russian refineries, key producers of the fuel.
The weekly DOE/EIA retail diesel price moved up Monday as pump prices are reacting to an overall strong oil market.
The benchmark price used for most fuel surcharges is below $4 a gallon for the first time since early February.
Natural gas may be having a moment as an alternative fuel for trucking, but there are a few nagging questions.
The benchmark diesel price used for most fuel surcharges rose by the smallest amount in months.