The benchmark price used for most fuel surcharges fell this week, but the focus in oil markets is on the huge decline in futures market prices recorded Monday. The Department of Energy/Energy Information Administration average weekly retail diesel price fell to $6.292/gallon, a decline of 6 cts/g, effective Monday, published Tuesday. That price would not […]
For the better part of eight months the price of diesel has climbed to levels that gasoline has not come close to matching, and for a carrier whose single largest variable cost is the fuel in the tank, that split is not a curiosity but a direct hit to the bottom line, which is why […]
After months of volatility, the diesel market going into Tuesday appeared to have calmed down, at least for now. The day also featured the release of the weekly benchmark diesel price from the Department of Energy/Energy Information Administration that is used for most fuel surcharges. After a big one-day increase last week in the price […]
The diesel market is going through its typical recent volatility, and there doesn’t seem to be much impact from the Trump deal with Russia.
The formal executive order allowing red dye diesel use over the road has been published.
So far, nobody in the trucking market is racing to embrace the tax break from using red dye diesel.
Geotab has launched a fleet card that uses vehicle telematics data to authorize fuel purchases, monitor spending and prevent unauthorized transactions. The company said diesel prices can vary by as much as 77 cents per gallon between stations in the same town.
The benchmark diesel price used for most fuel surcharges fell after three straight increases.
This article is contributed content from an independent writer. It does not represent the views or opinions of FreightWaves or any of its subsidiaries. On Tuesday, President Donald Trump said he has already told his team to consider a ban on diesel exports. Treasury Secretary Scott Bessent said officials are studying whether a full or partial […]
Piston has raised $15 million in Series A funding as the cardless fuel payments startup expands its network across the U.S. and adds AI-powered tools for fraud prevention and spending analysis.
The benchmark diesel price used for most fuel surcharges is at an all-time high.
The benchmark used for most fuel surcharges set an all-time high this week.
Diesel futures prices are near a post-war high.
The benchmark diesel price used for most fuel surcharges hit a significant milestone this week.
You have probably noticed something strange lately. The news keeps saying oil prices are calm, even falling, with crude sitting below $100 a barrel. And yet your diesel fuel bill keeps climbing. That disconnect is not your imagination, and there is a single number that explains it. It is called the diesel crack spread, and […]
The benchmark price used for most fuel surcharges rose for a 4th straight week.
The benchmark diesel price rose though futures markets have reversed for now.
The benchmark price used for most fuel surcharges rose by the second-largest amount since the war’s start.
It isn’t just what is going on in the Middle East that it starting to propel diesel prices higher.
The benchmark diesel price used for most fuel surcharges fell for the 12th time 13 weeks.
