Benchmark diesel price declines, East Coast squeeze may be getting worse
The key price used for diesel fuel surcharges declined, but the signals on the East Coast diesel squeeze remain.
The key price used for diesel fuel surcharges declined, but the signals on the East Coast diesel squeeze remain.
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.
Diesel prices have hit a new high. In a Bloomberg interview, one fuel station owner warned of rationing on the East Coast.
The International Energy Agency’s closely watched monthly report does not see any significant relief for the current tight global oil market, particularly diesel.
Algunos indicadores de precios sugieren un posible alivio a la vista, aunque las estadísticas del gobierno no lo muestran
Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
The tight diesel market on the East Coast has lifted retail prices in that region far above the rest of the country.
The East Coast diesel market is getting tighter. Prices are rising, particularly for buyers demanding fuel for the fastest delivery time.
Los precios de la gasolina aumentan casi a diario, apretando las carteras y los bolsillos de casi todos los estadounidenses con vehículo. Sin embargo, por muy mala que sea esta noticia, los precios del diésel están subiendo aún más en todo el país. Hoy los precios del diesel en las paradas de camiones han alcanzado […]
Diesel futures on the CME commodity exchange soared Monday even as crude prices fell, suggesting that the market is headed into a significant squeeze.