#diesel-prices
(29 articles)Diesel Prices Spike 55 Cents: Major Impact on US Logistics
The energy market is experiencing severe disruption as diesel prices have surged over 55 cents per gallon in just two weeks—the largest weekly jump since the Iran War, according to the latest DOE/EIA
Diesel Prices Jump 34¢/gal as Mideast Conflict Disrupts Oil Supply
The Department of Energy/Energy Information Administration benchmark diesel price climbed 33.8 cents per gallon to $5.134/gallon this week—the second-largest increase since geopolitical tensions escal
Diesel Spikes Amid Hormuz Tensions: Trucking Cost Crisis
Geopolitical tensions in the Strait of Hormuz are triggering sharp increases in diesel prices, creating significant operational challenges for trucking companies and broader supply chains. The article
Trump's Hormuz Blockade: Supply Chain Braces for Shipping Crisis
President Trump's administration has pivoted from a proposed toll system to implementing a full trade blockade against Iran, directly affecting the Strait of Hormuz—one of the world's most critical ma
Fuel Surcharges Hit Parcel Rates; Shippers Flee to Alternative Carriers
Parcel shipping rates in North America are approaching record highs driven by elevated fuel surcharges tied to geopolitical tensions affecting crude oil prices. The TD Cowen/AFS Freight Index reports
Contract Trucking Rates Jump 50¢/Mile as Market Tightens
The trucking market is experiencing a significant structural shift, with contract rates potentially increasing by as much as 50 cents per mile—a jump of approximately 20% according to Sonar data cited
Oil Market Split: Diesel Prices Resist Crude Decline
The oil market is exhibiting historically unusual behavior where crude prices have plummeted 22% in recent weeks—from $93 to $72 per barrel—yet refined products like diesel remain stubbornly high, cre
Rising Trucking Rates Mask Deteriorating Economics
The trucking industry is experiencing a rate recovery in mid-2026, with spot rates running 15% above year-ago levels and the SONAR National Truckload Index climbing to $3.71. However, this apparent st
Diesel Prices Fall for 7th Week Straight, Easing Logistics Costs
The U.S. diesel market is experiencing a notable cooling phase, with prices declining for the seventh consecutive week according to data from the Energy Information Administration (EIA). This extended
Diesel Prices Fall Below $5/Gallon Amid Geopolitical Shifts
The benchmark diesel price has fallen below $5 per gallon for the first time since March, driven by gradual reopening of the Strait of Hormuz and shifting geopolitical conditions. The latest Departmen
Diesel Falls 15¢ Post-Iran Peace Deal; IEA Warns of Summer Oil Deficits
Following a peace agreement between the U.S. and Iran, diesel prices have declined sharply, with the Department of Energy reporting a 15.1 cents-per-gallon drop to $5.06/gallon—the lowest level since
Smart Trailer Tech Rises as Diesel Falls & Spot Market Surges
This week's FreightWaves coverage reveals three interconnected supply chain dynamics reshaping North American trucking: advancing trailer technology adoption, moderating fuel costs, and escalating spo
Diesel Prices Fall Amid Global Supply Concerns and Inventory Depletion
Retail diesel prices have declined to their lowest levels in three months, falling $0.43 per gallon over five consecutive weeks to reach $5.21/gallon according to the Department of Energy. However, th
Diesel Prices Fall for Fifth Week—What It Means for Logistics
The U.S. diesel market is showing sustained price relief, with the national average declining for the fifth straight week according to the Energy Information Administration. This trend is meaningful f
Diesel Prices Fall for Fourth Week Straight: What It Means
The U.S. national average diesel price has declined for the fourth consecutive week, according to data from the Energy Information Administration (EIA). This sustained downward trend signals relief fo
Diesel Prices Hit 2-Month Low Amid Geopolitical Uncertainty
Benchmark diesel prices have declined sharply to $5.35/gallon, the lowest level since late March, representing a 17.3 cents-per-gallon drop in a single week. This significant price reduction reflects
Diesel Prices Fall 3rd Week but Remain Elevated Across US
The national diesel average for the week of May 25 has declined for the third consecutive week, marking a modest reversal in upward price pressure that has characterized recent months. However, despit
Road Freight Energy Sourcing: What Operators Need Now
South African road freight operators are reassessing their energy partnerships amid mounting pressure on fuel costs and supply chain efficiency. The article highlights that operators need energy partn
Diesel Prices Drop 6 Weeks Straight as Peace Deal Speculation Eases Markets
The Department of Energy's weekly diesel benchmark fell 7.3 cents per gallon to $5.523/gallon, marking the sixth decline in seven weeks as commodity markets price in potential geopolitical de-escalati
Fuel Prices Push April Spot Truckload Rates Higher Amid Volume Decline
The DAT Truckload Volume Index reports that April spot truckload rates are being influenced primarily by fuel price volatility rather than demand strength, even as overall freight volumes decline. Thi
Diesel Inventories Hit 18-Year Low as Prices Rise
The U.S. diesel market is entering a critical supply phase, with benchmark prices declining this week yet futures markets signaling upward pressure as distillate inventories plunge to their lowest lev
Enforcement & Supreme Court Ruling Tighten US Freight Capacity
The US trucking market is experiencing renewed capacity tightening driven by three converging forces: heightened regulatory enforcement during Roadcheck Week, a Supreme Court ruling increasing broker
Diesel Price Surge Threatens 2.5–3% Freight Rate Increase
A sharp increase in diesel prices is creating significant pressure on the transport sector, with industry forecasts indicating freight rates could rise between 2.5% and 3% in response. This cost shock
National Diesel Prices Spike: Supply Chain Teams Brace for Cost Surge
The U.S. Energy Information Administration (EIA) reported a sharp increase in the national diesel average for the week ending May 4, signaling cost pressures across transportation and logistics operat
Diesel Prices Surge as Global Supply Crisis Looms
Diesel prices have rebounded sharply to near post-war highs, with the DOE/EIA benchmark reaching $5.64/gallon—just 3/10 of a cent below the April 6 peak. The recovery reflects escalating geopolitical
Diesel Surge Crushes Auto Transport Margins as Carriers Absorb Costs
The auto transport industry faces significant margin compression as diesel prices have surged $1.80 per gallon year-over-year, reaching $5.35–$5.64 per gallon. Super Dispatch's latest data reveals a t
Freight Costs Jump 21.8% Annually as Diesel Tops $5/Gallon
The U.S. trucking market entered 2026 experiencing a structural supply-side shift that fundamentally altered the carrier-shipper dynamic. Q1 data reveals shipper spending surged 21.8% year-over-year w
Diesel prices fall 29 cents but futures signal potential reversal
The Department of Energy/Energy Information Administration benchmark diesel price fell 5.2 cents per gallon to $5.351/gallon this week, marking the third consecutive weekly decline and a cumulative dr
Marten Transport Q1 2026: Revenue Up but Profitability Slips
Marten Transport's first-quarter 2026 earnings reveal a carrier caught between positive revenue signals and operational headwinds. While revenue per tractor improved sequentially and year-over-year—re