#fuel-surcharges
(26 articles)IEA Warns of Record Oil Supply Depletion Amid Global Conflict
The International Energy Agency has issued a critical warning that global oil supplies are being depleted at unprecedented rates amid ongoing geopolitical conflict, signaling a major structural risk t
Fuel Surcharges Reshape Shipping Economics: What Shippers Need to Know
Fuel surcharges represent one of the most volatile components of modern shipping costs, and a new Reveel report highlights how these mechanisms are fundamentally restructuring freight economics across
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
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
Oil Shock Pushes Freight Costs to Pandemic Levels, Disrupts Supply Chains
An oil shock has triggered a significant surge in freight costs, pushing transportation expenses to levels not seen since the COVID-19 pandemic disrupted global supply chains. This development signals
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
Middle East Air Freight Stabilizes as Capacity Rises, Rates Ease
DHL Global Forwarding signals a turning point in Middle East air freight markets, reporting improved operational conditions following a period of severe capacity constraints and elevated pricing. The
Fuel and Surcharge Costs Squeeze Global Logistics Markets
Fuel and surcharge costs remain a persistent headwind for logistics operators worldwide, with particular pressure on the fresh produce and perishables supply chains. The article highlights how elevate
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
Intermodal Offers Cost Edge Over Trucking as Fuel Pressures Mount
As fuel prices continue to impact transportation costs across the industry, intermodal freight is emerging as a competitive alternative that can deliver meaningful savings for shippers. Uber Freight's
Iran Conflict Keeps Trans-Pacific Rates High Despite Low Demand
The ongoing Iran conflict and U.S. blockade of the Strait of Hormuz are creating an unusual market dynamic on trans-Pacific shipping lanes: elevated container rates during a period of traditionally lo
DHL Q1 Profit Surges Despite Jet Fuel Crisis Impact
DHL Group reported mixed first-quarter results that highlight the complex interplay between operational efficiency and external cost pressures in global logistics. While the company grew earnings by 8
Air Cargo Carriers Impose Fuel Surcharges Amid Iran Tensions
Major air cargo carriers including United Cargo, Air Canada Cargo, and Cathay Cargo are implementing fuel surcharges to offset escalating jet fuel costs driven by geopolitical tensions in the Iran reg
Hormuz Closure Accelerates Fuel Surcharge Adjustments for Shippers
The ongoing instability around the Strait of Hormuz is forcing ocean carriers to recalibrate how they apply fuel surcharges to shipments, shifting from traditional quarterly or semi-annual adjustments
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
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
Knight-Swift Targets Double-Digit Rate Hike Amid Tight Truckload Market
Knight-Swift Transportation reported a challenging first quarter with headline losses but signaled an increasingly favorable pricing environment for carriers in the truckload market. The company raise
Shippers Challenge Carrier Fuel Surcharge Legitimacy
Shippers are increasingly skeptical of emergency bunker surcharges being levied by ocean carriers, with major retailers expressing doubt about the justification for additional charges appearing on inv
Diesel Prices Fall After 12 Weeks; Supply Crisis Looms
After 12 consecutive weeks of increases totaling $2.184 per gallon, the Department of Energy/Energy Information Administration benchmark diesel price fell for the first time Monday, settling at $5.608
Parcel Shipping Costs Hit Record High on Fuel Surcharge Spikes
U.S. parcel carriers are implementing record fuel surcharges in response to soaring crude oil prices triggered by geopolitical tensions, marking the third consecutive record quarter for shipping costs
Fuel Price Surge Pushes Logistics Costs Higher Across Supply Chain
Fuel price increases are creating a significant headwind for logistics operations globally, with rising transportation costs affecting carriers, shippers, and end consumers across all transport modes.
FMC Denies Maersk Emergency Fuel Surcharge for Third Time
The Federal Maritime Commission has rejected Maersk's third request for emergency waiver of the standard 30-day waiting period for fuel surcharges, citing insufficient disclosure of business justifica
FedEx and UPS Fuel Fees Surge, Pressuring Shipper Budgets
Major parcel carriers FedEx and UPS are implementing or increasing fuel surcharges, creating immediate pressure on shipper transportation budgets. This development reflects broader market dynamics whe
SONAR Launches Sitreps: Expert Market Analysis for Freight
SONAR has launched Sitreps, a new research product that integrates expert-authored situation reports directly into its real-time freight market intelligence platform. Available immediately to all SONA
US-Iran Ceasefire Impact: Ocean & Air Freight Uncertainty
As the US-Iran ceasefire enters its second week, the Strait of Hormuz remains open but supply chain professionals face persistent uncertainty about medium-term stability and operational impacts. While