#diesel-pricing
(7 articles)Diesel Prices Surge on Geopolitical Tensions: Russia and Hormuz Risk
Diesel prices are accelerating upward after nine weeks of declines, driven by two converging supply shocks: Ukrainian drone strikes crippling Russian refinery capacity and escalating military activity
Diesel Prices Fall While Futures Rally: What It Means for Freight
Retail diesel prices have declined for eight consecutive weeks, with the Department of Energy reporting a price of $4.668/gallon as of early July—a dramatic 97.2 cent drop from the May 4 peak of $5.64
Diesel Prices Mask Looming Oil Crisis: Budget $70 Brent
Falling diesel prices are masking a critical structural supply problem in global oil markets that could severely impact freight costs within weeks. While retail diesel has dropped to $4.83 per gallon—
Diesel Prices Show Signs of Recovery as Global Inventories Tighten
The benchmark diesel price declined only 0.1 cents per gallon this week, marking a dramatic slowdown in recent volatility and signaling potential market stabilization. More significantly, crude future
Bassett Furniture Battles Weekly Fuel Surcharges Amid Oil Volatility
Bassett Furniture is experiencing cost pressure from its captive freight relationship with J.B. Hunt Transport Services, which has implemented weekly surcharges that fluctuate with diesel prices. This
Diesel Prices Fall 20¢/gal in Biggest Drop Since 2022
Benchmark diesel prices experienced their largest weekly decline in over three years, falling 20.5 cents per gallon to $5.403/gallon following a ceasefire announcement in the Iran conflict. This rever
Heartland Express Narrows Losses as Trucking Market Shows Recovery Signs
Heartland Express, a major Iowa-based truckload carrier, is demonstrating operational recovery with sequential improvements in its adjusted operating ratio—down 580 basis points year-over-year to 101.