The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
After declining in 2020, the combined production of U.S. fossil fuels increased by 2% in 2021
The owner of a Wisconsin fuel company admitted he defrauded investors out of nearly $6.3 million over a two-year period.
EIA expects gasoline and diesel prices to fall in 2022
U.S. freight railroads, on average, move 1 ton of freight more than 480 miles per gallon of fuel.
Every gallon of fuel saved can lead to savings that affect the bottom line for fleets
Showing average annual fuel use (per vehicle) for major vehicle categories in the United States
Marine fuel price up 47% since the beginning of the year
Strong economic growth and growing populations will drive increases in global energy-related carbon dioxide emissions and energy consumption through 2050
Cold weather affects your vehicle in more ways than you might expect:
Buying a high-MPG vehicle saves you money at the pump – and there’s less carbon pollution too!
In 2020, total consumption of
fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu),
down 9% from 2019 and the
lowest level since 1991.
Shares of Total US Energy Consumption by Major Sources
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Why Are Diesel Fuel Prices Higher Than Gasoline Prices?
See How You Can Improve Your Fuel Economy in Hot Weather
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Salvage crews are using a special method to remove fuel from the capsized commercial lift boat SEACOR Power.
The Highway Trust Fund (HTF) is a central piece of a multiyear surface transportation reauthorization bill that Congress is negotiating to replace the Fixing America’s Surface Transportation (FAST) Act.
FreightWaves’ John Kingston outlines how the rising price of crude flows through to cargo shippers and how it changes the trucking-versus-rail equation.
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Latest extension in place through July 14.
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FLEETCOR Technologies, Inc. (NYSE: FLT), a fuel-card and business-payments provider, announced fourth-quarter 2019 adjusted earnings per share (EPS) of $3.17, 14% higher year-over-year and $0.03 better than the consensus estimate. Total revenues increased 9% to $698.9 million in the fourth quarter of 2019, compared to $643.4 million in the fourth quarter of 2018. However, net […]
WEX said that a data limit issue within its IBM Informix system was the cause of fuel cards being shut off across the country today.
Problems continued into the afternoon for customers of WEX fuel cards, including its EFS and FleetOne cardholders, as a system outage rendered cards useless at fuel pumps.
Kayla Matthews writes about the changes coming to the shipping and logistics industry as IMO 2020 takes effect in less than six weeks.
Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.
FIATA warns that higher air, ocean and trucking fuels costs will be passed directly on to customers.
All you need to know about maximizing fuel efficiency
The International Energy Agency now believes implementation of the new fuel rule could be “much smoother than expected.”
BIMCO, ICS, INTERCARGO and INTERTANKO call on charterers, bunker suppliers and nation states to “double their efforts” to ensure a smooth transition to low-sulfur fuel.
According to Euronav, the derivatives market in low sulfur fuel oil is not deep enough to provide a viable IMO 2020 hedge – but it will be soon.
Tanker major Euronav has revealed new details on its strategy to counter IMO 2020 risks.
Weekly Fuel Report for 8-27-19
