Archive for June 1st, 2020

Diesel Nudges Up 0.4¢ to $2.39 a Gallon for First Rise This Year

The nationwide average price of diesel fuel increased by about half a penny, the U.S. Energy Information Administration reported May 26, ending a string of 19 consecutive weekly price decreases in 2020. The price of diesel rose 0.4 cent to $2.390 a gallon from $ 2.386 the previous week. Trucking’s main fuel costs 76.1 cents […]

Trial over: California group says natural gas engines have proven their worth

Near-zero emission (NZE) natural gas trucks have been in operation in California ports for some time, but the vehicles have generally been operating under trial programs. According to the California Natural Gas Vehicle Partnership, that trial period is over – the trucks are ready for primetime. The partnership announced this week that NZE trucks have proven […]

Volumes fall week-over-week but now up 10% year-over-year

Outbound tender volumes are benefiting greatly from the reopening of the economy and a release of pent-up consumer demand. Supply dynamics are taking longer to adjust and capacity remains loose. While rates are coming off a depressed base, spot rates have surged to $1.47 per mile and have increased in the vast majority of lanes. […]