diesel

It's going to be a very tough transition to the low sulfur world, ocean shipping experts believe. And that's because the availability of low sulfur fuel is "uncertain", the use of scrubbers is unsustainable and ocean going ships will quickly burn through low sulfur stockpiles. High demand,...

Still reeling from a new labor law that could reshape the way the trucking industry does business, carriers operating in California now have a pair of emissions regulations to contend with, one aiming to accelerate the transition to clean truck technologies, the other setting up a framework for a...

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...

Chart of the Week: Ultra-Low Sulfur Diesel Rack Price – USA, Outbound Tender Rejection Index – Detroit (SONAR: ULSDR.USA, OTRI.DTW) Like an earthquake, the two major stories of the week hit trucking hard with the fallout yet to be fully measured as neither are fully resolved. The attack on Saudi...

Diesel consumption in California dropped earlier this year, mostly due to the fact that there were simply fewer trucks on the road.  Taxable diesel consumption in California started stronger than last year with a 3% increase in consumption year-over-year for January. However, February was a...

Ever since the Paris Climate Agreement, there have been incessant debates on the transport industry's mammoth impact on the uncontrolled rise of global carbon emissions to date. This led to the industry being inundated with regulations directed at curbing its carbon footprint.  Local governments...

After a week in which oil and diesel prices rose and fell like a tanker on a wind-whipped ocean, FreightWaves Radio will have a wide-ranging discussion about petroleum prices on this weekend's edition, broadcast over SiriusXM Road Dog Trucking. Co-host John Kingston will be joined by S&P...

In this episode, Meteorologist Nick Austin talks about possible flash flooding in Houston. FreightCaster Kyle Cunningham dives into the Michigan and Ohio markets seeing high outbound tender rejections in our carrier update presented by AT&T Business. Oil Expert John Kingston talks about where...

If there was any good news for trucking and transport companies as oil markets exploded Sunday night in reaction to drone attacks on the Saudi oil industry, it was that diesel prices rose less than the rest of the soaring oil complex. At approximately 8 p.m. Eastern, two hours after trading for...

Diesel supplies in Florida as Hurricane Doria nears appear to be adequate but the reports are somewhat inconsistent. Gas Buddy, an information service that provides gasoline and diesel prices with the data mostly supplied by a community of users, was reporting some significant outages. In a tweet...

In anticipating the price impact on diesel prices from the launch of IMO 2020 on January 1 – with any impacts expected to start before that – most forecasters have been fairly moderate in their outlook, with some exceptions.  But Fitch Solutions, part of Fitch Ratings, recently came out with its...

July 1 marked a significant day for increased diesel taxes, as two of the country's biggest states implemented higher levies while inflation or previously approved staged increases affect prices in several other states. The biggest jump by far came in Illinois. The diesel tax more than doubled, up...

Daimler AG (OTCPK: DDAIF) announced a "high-three digit million" hit to second quarter 2019 earnings related to ongoing expenses to remedy its diesel emissions woes surrounding its Mercedes-Benz diesel vehicles. Daimler warned, "Increase of provisions for various ongoing governmental proceedings...

The threat to the trucking industry from the IMO 2020 regulation has always been whether the new rule affecting marine fuels is going to pull so much product from the distillate/diesel supply chain that the pain at the pump affects both trucking capacity and the bottom line for carriers big and...

From trucking to fuel spreads, here's a look at this week's fuel report with Freightwaves.   Image sourced from Pixabay