#fuel-costs
(37 articles)UNFI Uses AI and Hedging to Combat Surging Diesel Costs
UNFI, a major wholesale food distributor, is addressing rising diesel costs by employing two complementary strategies: financial hedging to manage price volatility and artificial intelligence platform
Dimerco warns fuel risks driving logistics delays across networks
Dimerco, a major logistics provider, has flagged mounting logistics delays tied to rising fuel risks and costs. The warning highlights how volatile energy prices are creating operational challenges ac
Record Tanker Rates Push Fuel Costs Higher Across Supply Chains
Record-breaking tanker rates are creating significant headwinds for global supply chains by amplifying already elevated fuel costs. This convergence of high shipping rates and energy prices is compres
Restaurant Fuel Costs: Optimization Strategies for Delivery
Rising fuel costs continue to pressure restaurant operations and their supply chains. Industry experts recommend a multi-faceted approach combining delivery frequency evaluation, route optimization, a
Geotab Fleet Card Tackles Fuel Fraud as Diesel Prices Surge
Geotab has launched a fleet card integrated with telematics data to help trucking companies control fuel spending and prevent unauthorized purchases during a period of elevated diesel prices. The card
SF Holding Fuel Costs Weigh on Q2, But Valuation Puzzle Remains
SF Holding's second quarter performance reveals significant pressure from fuel costs, a headwind affecting many logistics operators in the current environment. However, the company's valuation discoun
Diesel prices hit all-time high, pressuring supply chain costs
Diesel fuel has reached unprecedented price levels, creating significant operational and financial stress across the logistics and supply chain industries globally. This development affects all transp
Global Diesel Supply Down 8%: Trucking Faces Winter Fuel Crunch
A convergence of geopolitical disruptions has created an acute diesel shortage affecting freight operations worldwide. Ukrainian drone strikes have disabled 30–50% of Russian refining capacity, elimin
Fuel Cost Spike Erodes Carrier Margins Across Trucking Industry
A sharp spike in diesel fuel costs is pressuring carrier margins across the trucking industry, with retail diesel prices rising 31% over a three-month period while wholesale prices climbed more than t
Shipping Rates Rise as Middle East Tensions & Fuel Costs Collide
Shipping companies are adjusting their freight rates upward in response to two converging pressures: escalating geopolitical tensions in the Middle East and persistent elevated fuel costs. These rate
Diesel Prices Hit $6.28/Gallon: Supply Chain Impact
Diesel prices have reached record-breaking levels at $6.28 per gallon nationally, signaling a sustained inflationary pressure across the transportation and logistics sector. This sharp increase direct
Diesel hits record high: Supply chain costs surge nationwide
The Energy Information Administration (EIA) has reported that the national diesel average has reached an unprecedented record level, marking a critical inflection point for supply chain economics. Thi
Petroleum Price Surge Disrupts Global Supply Chains
Global supply chain networks face mounting pressure from concurrent petroleum price increases and persistent supply chain disruptions, creating a compounding crisis for international trade. The combin
Strait of Hormuz Tensions Impact Global Shipping and Fuel Costs
A University of South Florida supply chain expert has provided analysis on the interconnected impacts of geopolitical tensions in the Strait of Hormuz on fuel prices and international shipping operati
Fuel Costs and Port Congestion Squeeze Global Shipping Markets
Dimerco, a major logistics provider, has flagged growing pressure in global shipping markets driven by elevated fuel costs and persistent port congestion. These twin challenges are simultaneously comp
Diesel Hits All-Time High: What Supply Chains Need to Know
Retail diesel prices have reached unprecedented levels, breaking the previous all-time high of $5.82/gallon set in June 2022. The AAA national average hit $5.85/gallon on Friday, driven by a convergen
Global Freight Rates Surge on Fuel Shocks and Middle East Unrest
Global freight rates are experiencing upward pressure due to converging shocks: commodity fuel price volatility and geopolitical instability in the Middle East. These dual pressures are creating a cha
Yamato to Exit Domestic Cargo Freighter Business by 2027
Yamato Holdings, Japan's largest logistics provider, has announced a significant operational restructuring by committing to exit domestic cargo freighter operations entirely by June 2027. This decisio
Transporters Face Fuel Crunch Amid Union Levy Relief Demands
India's transportation sector is facing a significant fuel availability crisis, with unions mobilizing to demand relief measures from government on fuel levies. This bottleneck comes at a time when fr
Diesel Prices Fall Again: What It Means for Your Logistics
The Energy Information Administration (EIA) reports that the national diesel average has declined for the second consecutive time within an eight-week period, signaling a moderating trend in one of su
Diesel Prices Fall Again: What It Means for Your Logistics Costs
The Energy Information Administration (EIA) reports that the national diesel average has declined for the second consecutive time within an eight-week period, signaling potential relief for transporta
Shippers Rush to Frontload Cargo Amid Tariff and Fuel Uncertainty
Ocean carriers and importers are executing aggressive frontloading strategies in anticipation of tariff increases and elevated fuel concerns. This surge in demand is creating a race against potential
Air Cargo Rates Stable Despite Falling Demand, Capacity Tightens
Global airfreight markets are experiencing the anticipated seasonal slowdown as summer demand peaks pass, but the traditional price collapse has not materialized. WorldACD data from mid-August reveals
Diesel Prices Surge 71% Since Iran War: Supply Chain Crisis
Since the outbreak of military conflict between Iran and the U.S./Israel in late February 2024, diesel prices have surged 71% while crude oil has risen only 26%, creating an unprecedented and historic
Diesel Crack Spread Hits Record $102: What Q4 Means
The U.S. diesel crack spread, the refinery markup between crude oil and finished diesel fuel, has reached an unprecedented all-time record of approximately $102 per barrel, far exceeding the normal $1
UPS, Amazon Deploy Fuel Surcharges to Offset Rising Costs
UPS and Amazon are implementing or adjusting fuel surcharges to mitigate the impact of rising operational costs on their parcel and last-mile delivery networks. This pricing adjustment reflects broade
ONE Posts Q1 Profit Drop Despite Revenue Gains Amid Fuel Crisis
Ocean Network Express (ONE), a major Singapore-headquartered container carrier, faced a paradoxical financial performance in Q1, reporting a 64% drop in net profit to $31 million despite revenue climb
EU Grants Spain €74M Maritime Transport Aid Amid Fuel Crisis
The European Commission has authorized €74 million in state aid to support Spain's maritime transport sector, addressing structural cost pressures from elevated fuel prices. This intervention reflects
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
Postal Operators Squeezed: Parcel Growth Can't Offset Rising Costs
Global postal operators are caught in a profitability squeeze despite strong parcel volume growth driven by e-commerce expansion. According to preliminary 2025 data from the International Post Corp, t
Port of LA hits record June as tariff changes loom
The Port of Los Angeles achieved a historic milestone in June 2025, processing over 1 million TEUs, the best June in its 118-year history and only the third time it has crossed this threshold. However
J.B. Hunt Q2 Earnings: Key Indicators for Freight Market Health
J.B. Hunt's quarterly earnings have become a critical indicator of broader freight market health, reflecting pressures across intermodal, dedicated fleet, and last-mile segments. The company's perform
39-Year Haulier Shuts as Fuel Costs Squeeze Road Freight
A long-established haulier has ceased operations after nearly four decades in business, with rising fuel costs cited as a primary driver of the shutdown. This closure represents a structural shift in
Gas Price Surges and Supply Chain Chaos Threaten Economy
Recent reports indicate that elevated gas prices combined with persistent supply chain disruptions are creating a dual-shock scenario for the U.S. economy. The surge in energy costs directly increases
Lovesac Shifts to Contract Freight Amid Rising Fuel Costs
Lovesac, a furniture and home goods retailer, is responding to elevated fuel costs by transitioning to contract freight arrangements rather than relying on spot market pricing. This tactical shift ref
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 $5.6
New BAFs Hit Shippers Hard as Hormuz Crisis Drives Fuel Costs
The maritime industry faces renewed cost pressures as new bunker adjustment factors (BAFs) take effect on July 1, directly tied to the Hormuz closure and its impact on crude oil pricing. Shippers and