CSX boosts outlook on higher volume and revenue
CSX raised its full-year outlook after a rebound in demand that saw increases in volume, revenue and income.
CSX raised its full-year outlook after a rebound in demand that saw increases in volume, revenue and income.
FreightWaves Today discussed a new SCOTUS ruling on safety preemption, cyber cartel threats and fuel economics during Monday’s live show.
The Gap Is Bigger Than You Think Picture two owner-operators, both running a regular Midwest corridor. Same general freight, similar weights, comparable miles per week. One of them is averaging somewhere around 7.5 to 7.8 miles per gallon. The other is pulling 6.1 to 6.3. On a week where each truck burns 400 gallons of […]
The war with Iran moved diesel up nearly 50 percent in five weeks and analysts are modeling $6 and higher if the Strait of Hormuz stays disrupted into summer. Carriers are repricing surcharges, shippers are absorbing new fees and everyone is looking for relief. The biggest lever most fleets have on their fuel budget is not an aerodynamics package or a new engine spec. It is the driver.
C.H. Robinson is waiving fees on discount-fuel cards and cash advances for contract carriers in April and May as diesel prices rise amid the Middle East conflict.
Let’s start with what the numbers actually look like. On March 1, diesel was averaging roughly $3.90 per gallon nationally. By March 9, a single week produced a 96-cent spike — the largest one-week increase in diesel prices since the federal government began tracking the series. By mid-month it crossed $5. As of this week […]
Diesel prices have spiked to $5.96 per gallon in premium markets as escalating Middle East tensions collide with America’s crumbling refinery base. The surge comes at a critical inflection point for trucking, with tender rejection rates climbing and capacity tightening after a brutal four-year freight recession, raising questions about whether the industry can capitalize on the recovery when fuel costs threaten to erase margin gains.
America sits on more oil than it can refine. While the Strait of Hormuz burns, the real chokepoint is between the wellhead and the truck stop.
When the lights came up at FreightWaves’ F3: Future of Freight Festival this fall, few expected one of the most talked-about sessions to shift the conversation away from agentic AI and toward something a little more grounded: fuel routing. That’s exactly what happened when MapUp took the stage with FirstFleet, Inc. to debut its new […]
OTR Solutions, a full-service freight factoring and transportation technology company, has announced the launch of its new fuel credit offering, the OTR Fuel Card. This offer provides both new and established carriers with reliable access to credit backed by their factoring relationship, not their credit score. The factoring integration ensures carriers can fuel today and […]
Eliminating fuel fraud with unique QR codes and flexible business rules.
The benchmark price used for most diesel surcharges moved higher after five weeks of decline.
Fuel is your largest expense and your biggest opportunity. From transmission choices and smart fueling to preventing fuel fraud, this guide provides practical, proven strategies for owner-operators and small fleets aiming to trim costs, boost efficiency and keep profits rolling in 2025.
Fuel strategy is essential to running a profitable business. Here are some pro tips to help you maximize your fuel strategy.