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Relying on diesel alone exposes fleets to fuel price volatility. Here’s why diversification with electric, natural gas, and renewable fuels can reduce risk.
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As oil prices surge amid Middle East conflict and a blocked Strait of Hormuz, fleets are feeling the squeeze in real time. In this guest column, Geotab's Neil Cawse argues electrification is no longer just about sustainability or ROI — it’s about insulating operations from what he calls a "volatility tax."
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There’s a certain déjà vu when tensions flare in the Middle East and diesel price spikes can give you panic attacks. What parallels are there between the current situation and the 1970s energy crisis?
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Prices jumped another 24 cents in a week, with California topping $7.50 and new data showing fleet fuel costs may already be at record levels.
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The impact of the Iran conflict extends beyond fuel costs, bringing more fraud and cybersecurity risks to the trucking industry.
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Mike Kucharski, vice president of refrigerated carrier JKC Trucking, says diesel price jumps tied to global instability are squeezing carriers already struggling with weak freight rates.
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The average retail price of a gallon of diesel in the U.S. as of November 24 was the third-highest weekly price of the year.
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Gasoline and diesel fuel prices have risen 30 cents a gallon on average since Israel attacked Iran in early June.
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Six ways to prepare your trucking fleet for whatever diesel fuel prices may bring this year.
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The national average retail price for a gallon of on-highway diesel fuel rose by nearly another nickel over the past week, with a nearly 17-cent surge in California.
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