The electrification of commercial trucks is edging closer but the industry first must go through a “messy middle” that sorts out the future of diesel and other alternative fuels.
Energy markets appear to believe that capacity constraints will raise diesel prices next year.
The weekly average retail diesel price posted Monday by the Department of Energy (DOE) was in the top 20 biggest one-week increases in the history of the data series – and particularly steep compared to upward moves in the last seven years. The DOE/Energy Information Administration (EIA) price posted Monday was $3.081/gallon, up from $2.987/gallon, […]
Two big events hit trucking like a hammer this week. What are the long run implications?
Diesel consumption in California fell in the beginning of 2019, led some to believe that there was a sudden transition to other fuel sources.
Whether its a small renewable diesel plant or a big refinery expansion, growth is ongoing.
A look at where fuel prices stand for the week.
Diesel prices could spike by over 20% overnight due to the market coming to grips with the biggest blackswan event to hit oil in over a decade. On Friday night, while most of the U.S. was settling in for a weekend of high school, college and professional football, the world’s second largest oil producer was […]
Weekly Fuel Report for 8-27-19
Most forecasts have been conservative, but not this one.
The price of diesel fuel has an obvious impact on transportation providers costs, but it also can give insight into demand for their services.
The trucking apocalypse is upon us, and it has taken its latest victim. This time, it’s a 40-year-old carrier out of California. Timmerman Starlite Trucking Inc. of Ceres, California, announced it would be shutting down, placing 30 employees in the unemployment line effective immediately. Ceres is a suburb of Modesto, California, a mid-sized city 100 […]
Diesel prices jumped in the Midwest this month due to a significant tax increase. Small carriers will have to adjust to keep costs down and maintain business.
FreightWaves’ Freight Intel Group has released a new study of the impact of IMO 2020 on the U.S. trucking industries (and other industries). Read what may happen to diesel fuel prices.
