Weekly Fuel Report: March 23rd
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Want more? SONAR users get exclusive access to the detailed breakdown and insights. Learn more at SONAR.FreightWaves.com!
Diesel costs were supposed to make 2020 more difficult for struggling carriers, but wholesale fuel prices have fallen rapidly, which should help carriers in the slow season.
FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.
Ben Thrower writes about what most in the trucking industry know – 2019 was a tough year for almost everyone.
When a spread like that between gasoline and diesel come in this far and this fast, it can’t go on forever.
Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
It was only one trade and the comparisons to diesel prices are less than perfect. But there now is an actual transaction that reflects a value for now of what fuel might do under IMO2020.
FreightWaves adds violations, fuel spread, and more rail data to SONAR platform
The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices when the new rule kicks in.
Cutbacks dating back to 2015, strong economic growth and problems in a lot of producing countries have brought the oil market to this point.
Brazilian President Temer ended Petrobras’ practice of subsidizing diesel prices, which has sent fuel costs for independent truck drivers spiraling. The owner-ops went on strike 11 days ago, blocking the country’s highways and shutting down many sectors of the economy.
The U.S. Chamber of Commerce is asking the Trump Administration to increase the federal fuel tax 25 cents per gallon.
The never-ending story of whether port truckers should be contractors or employees is facing a new battlefront as two councilmen for the city of Los Angeles have introduced a bill that would bar trucking companies from serving the ports if they use independent contractors.