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Diesel takes another hit and may be driving down broader oil market

Diesel takes another hit and may be driving down broader oil market One analyst sees renewable diesel as beginning to have a major impact on world oil markets  Tne benchmark diesel price dropped for the fifth straight week. (Photo: Jim Allen/FreightWaves) With the benchmark diesel price used for most fuel surcharges down for the fifth […]

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East Coast retail diesel prices moving significantly higher than overall US hikes

East Coast retail diesel prices moving significantly higher than overall US hikes Extremely tight inventories are seen as the driving factor blowing out spreads with benchmark Gulf Coast market  East Coast diesel prices are racing ahead of the rest of the country. Photo: Jim Allen/FreightWaves East Coast retail diesel prices are soaring relative to the […]

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Sorry! Diesel prices are likely to climb again soon

Sorry! Diesel prices are likely to climb again soon Behind the scenes of why fuel is so expensive in 2022  Truck stops made record diesel profits this quarter. (Roger V. Solis/AP) For today’s MODES, I called up FreightWaves Editor-at-Large John Kingston to find out what the heck is happening with diesel prices recently. I learned a lot, […]

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Yet another worry: Price of ship fuel is now highest since 2014

Yet another worry: Price of ship fuel is now highest since 2014 Bunker surcharges on the rise for shippers of containerized cargo  Ship refueling (Photo: Shutterstock) Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. That’s bad news for ship operators on the […]

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Canada border officers vote to strike, warn of supply chain disruption

Canada border officers vote to strike, warn of supply chain disruption Labor action could begin Aug. 6  A strike by CBSA officers could impact operations at Canada’s ports. (Photo: Canada Border Services Agency) Thousands of Canada Border Services Agency personnel have overwhelmingly voted to authorize a strike – something that could throw a wrench into […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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