Diesel fuel prices
Thomas Wasson
Thursday, May 18, 2023
Loaded and Rolling: The problem with load boards and small carrier exodus
Load board fraud is gaining attention after The Wall Street Journal reported Truckstop, a leading load board provider, found reports of fraud increased 400% from Q4 2021 to Q4 2022, the highest level since 2004, when it began tracking the data. This article prompted Craig Fuller, CEO and founder of FreightWaves, to write an article on Tuesday arguing for massive load board providers to take greater responsibility for instances of fraud that take place on their platforms.
Zach Strickland, FW Market Expert & Market Analyst
Saturday, December 3, 2022
Fuel price spread favors large fleets
Fuel costs are a huge cost component of operating a trucking business. Small operators are at a significant disadvantage in the current market thanks not only to declining demand but fuel price volatility.
Daily Infographic: Strong demand for diesel leads to high prices and tight inventories going into winter
Strong demand for diesel leads to high prices and tight inventories going into winter
Corey Smith
Thursday, November 10, 2022
SONAR Sightings: Northern California reefer demand rises; spread in diesel price expands
Dry van volume dropped significantly this month leading into the holidays, but reefer demand remains strong. Diesel price per gallon grows slowly, but the spread between wholesale and retail prices rises.
Corey Smith
Tuesday, October 18, 2022
SONAR Sightings: Seattle volumes perk up; diesel prices surpass $5.30
Volumes out of Seattle are trending up this week after reaching a two-year low, and diesel prices are up more than 30 cents since the start of the month.
Thomas Wasson
Wednesday, October 12, 2022
Loaded and Rolling: Party like it’s 2019; ATRI data on crashes
Outbound tender rejection rates, a measure of the percentage of truckload shipments tendered to carriers by shippers, have reached a record at 5.05%. For trucking, this will be a cause of mostly stress instead of celebration.
Corey Smith
Monday, October 10, 2022
SONAR Sightings: Florida volumes recovering from Ian; diesel back to $5 per gallon
The Lakeland and Jacksonville markets are both recovering from Ian, but tender rejections remain relatively high. Retail diesel prices are swinging back up, collapsing the spread between retail and wholesale.
Corey Smith
Monday, October 3, 2022
SONAR Sightings: Atlanta continues to hold largest share; diesel prices drop faster than they increased
Atlanta is seeing consistent levels of outbound volume, retaining the majority market share with 4.1%. Diesel prices are decreasing at a faster rate than they increased over the summer.
Corey Smith
Tuesday, September 20, 2022
SONAR Sightings: El Paso reaches 9% rejection rate; diesel prices fall below $5 per gallon
Rejection rates in El Paso swung upward in response to an increase in outbound volume, and the Department of Energy clocks diesel prices below $5 per gallon for the first time since April.
Greg Miller
Thursday, September 1, 2022
Tankers could profit if US restricts gasoline and diesel exports
If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.
Thomas Wasson
Saturday, August 13, 2022
Loaded and Rolling: Costliest year in trucking; truckload drivers’ earnings up
ATRI: Costliest year ever in trucking On Wednesday, the American Transportation Research Institute (ATRI) released its annual report on the operational costs of trucking. The report, which has been published annually since 2008, is based on motor carrier financial and operations data from 2021. Below are some highlights from the report and press release: Total […]
Corey Smith
Tuesday, June 28, 2022
SONAR Sightings for June 28: Outbound Tender Market Share for Atlanta, contracted fuel prices and more
Atlanta heats up with rejection rates of 10.9%, and large enterprise carriers are still making a profit from diesel prices.
FreightWaves Staff
Monday, June 13, 2022
FreightWaves SONAR shows daily fluctuations in ULSD wholesale prices
FreightWaves SONAR data can be indispensable, particularly in this environment.
John Kingston
Monday, June 6, 2022
The average price of diesel in the US just hit a new record. It’s now $5.70 a gallon.
The benchmark DOE/EIA diesel price, used for fuel surcharges, has reached an all-time record with the latest weekly increase.
Jenny Glasscock
Thursday, June 2, 2022
How to save on fuel costs as diesel prices surge
AtoB offers fuel discounts at over 99% of fuel trucks and gas stations, with no limit on the number of discounted gallons drivers can purchase, and no hidden fees.
Noi Mahoney
Sunday, May 15, 2022
Borderlands: Skyrocketing diesel prices affecting US-Mexico import rates
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Skyrocketing diesel prices could affect US-Mexico import rates; South Texas College partners with a carrier to offer CDL training; Logistics Plus opens a 542,000-square-foot warehouse in Arizona; and exports of Mexican tequila soar 32% during the first four months of 2022.
Craig Fuller, CEO at FreightWaves
Thursday, May 12, 2022
Truckload van spot rates fall even faster
FreightWaves founder and CEO Craig Fuller analyzes the continuing decrease in truckload rates for dry van loads.
Greg Miller
Friday, May 6, 2022
The world is ‘crying out for diesel.’ Product tankers could win big
The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
David Heller, vp of government affairs, TCA, and Caitlin Smith, government affairs manager, TCA
Wednesday, May 4, 2022
Viewpoint: A gasoline fire on inflation
There is no easy fix to rising fuel prices without stripping government of much-needed infrastructure money.
Craig Fuller, CEO at FreightWaves
Sunday, May 1, 2022
Why every American should care that diesel prices are surging across the country
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
John Kingston
Thursday, April 28, 2022
Why diesel prices are soaring beyond crude and gasoline, and are likely to continue that way
Diesel has been climbing at a rate far greater than that of gasoline or crude, and a well-known economist offers reasons why that is likely to continue.
Alyssa Sporrer
Wednesday, April 13, 2022
Enterprise Fleet recap: Dealing with volatile fuel prices
During FreightWaves’ Enterprise Fleet Summit, experts discussed how fleets can adapt to rapidly changing fuel prices.
Craig Fuller, CEO at FreightWaves
Wednesday, April 6, 2022
Trucking industry will be in trouble if demand drops to pre-COVID levels
FreightWaves Founder and CEO Craig Fuller analyzes the current costs of trucking.
Craig Fuller, CEO at FreightWaves
Thursday, March 24, 2022
Just 3 years after 2019’s trucking bloodbath, another is on the way
Craig Fuller analyzes the state of the U.S. truckload market.
Todd Maiden
Monday, March 21, 2022
Fuel price surge pushes cost of running empty higher
Higher diesel prices also mean higher costs for empty miles.
Zach Strickland, FW Market Expert & Market Analyst
Saturday, March 12, 2022
Fuel price volatility: Positive and negative implications for transportation providers
The wild fluctuations in crude oil prices have created a strong disconnect between wholesale and retail diesel prices. What are the impacts on transportation costs and subsequently carrier bottom lines?
John Kingston
Thursday, February 24, 2022
Ukraine fallout: Diesel surges more than crude before falling back
There are no reports of petroleum export disruptions out of Russian ports.
Daily Infographic: EIA expects gasoline and diesel prices to fall in 2022 and 2023 as demand growth slows
EIA expects gasoline and diesel prices to fall in 2022
Mary O'Connell
Tuesday, November 9, 2021
Check Call: A higher level of service
Continuous moves might be way underutilized; oil prices aren’t helping on the spot rate market; and the Santa 18 Act could do a lot for youths interested in trucking.
Zach Strickland, FW Market Expert & Market Analyst
Saturday, November 6, 2021
Surging fuel costs are masking trucking spot rate decline
The cost of diesel fuel, a main component in the cost of trucking, is climbing rapidly. This is a hidden factor that is helping keep spot rates elevated.
