Playbook: Fuel Game Plan

The benchmark diesel price used for most fuel surcharges is near its lowest level for 2025.

Nikola’s bankruptcy is a reality check for the push toward zero-emission freight. Once hailed as the Tesla of trucking, Nikola’s failure highlights the immense challenges of replacing diesel with electric and hydrogen-powered alternatives. While policymakers and environmental advocates push for green energy solutions, the trucking industry remains bound by the need for reliability, infrastructure, and economic viability. With limited charging and hydrogen refueling networks, high costs, and performance struggles, Nikola’s downfall reinforces a hard truth, diesel isn’t going anywhere anytime soon.

Oil markets have been quiet, but the impact of potential tariffs on Canada and Mexico is on the horizon.