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Despite tensions in the Middle East, average diesel fuel prices last week dropped almost 2 cents from the week before, although they’re still 71 cents higher than a year earlier.
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Trucking is enjoying some of the best business conditions in years, but could rising fuel prices curtail the good times? Analysis by Business Contributing Editor Evan Lockridge
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Joel Morrow, technology officer for Ploger Transportation and recognized fuel economy guru, shares a quick and easy way to get an immediate 1 mpg fuel economy bump from new trucks.
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Ryder System has released the RyderGyde app, offering services for managers, drivers, and owners to oversee fleet operations.
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Mixed economic signs aside, trucking will remain strong for the remainder of the year, FTR economist Eric Starks told attendees at HDT's Heavy Duty Trucking Exchange event in Scottsdale, Arizona.
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Expected prices for trucking’s primary fuel as well as for gasoline have been revised higher, due largely to anticipated higher prices for crude oil, according to a new Energy Department report.
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The average price of a gallon of diesel fuel in the U.S. hit more than $3.15 last week, and in many parts of the country it is much higher than that.
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The national price of diesel fuel dropped by $0.003 the week of January 22 compared to the previous week but has increased by $0.456 compared to one year ago, according to the U.S. Energy Information Administration (EIA).
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The outlook for national average on-highway diesel prices is for them to be higher this year and in 2019 than they were last year and in 2016, but they should at least be fairly stable during this time, according to the latest Short Term Energy Outlook from the U.S. Energy Department.
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The trial of four former Pilot Flying J officials accused of fuel rebate fraud started this week. The prosecution and defense offered opening statements in a Tennessee courtroom, with prosecutors painting a picture of an alleged culture of deceit at the company.
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