Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
The average cost of on-highway diesel continues falling in most of the country, declining another 3.5 cents over the past week.
Fuel prices are showing no signs of throttling back from their large and recent declines that started months ago, with oil nearly hitting a six-year low on Monday.
Fuel prices continue a big decline with diesel posting its biggest weekly drop in recent memory, according to U.S. Energy Department figures.
Diesel prices continued their recent and steep decline into the New Year, aided by oil prices that are the lowest in nearly six years.
The average price of on-highway diesel continued falling into final week of 2014, down significantly from its high for the year and hitting its lowest price since December 2010, according to the U.S. Energy Department.
Since the summer, the price of oil has plummeted 50 percent, hitting its lowest level in more than five years about a week before Christmas. Diesel has fallen from a yearly high of $4.021 in March to $3.419 in mid-December.
The price of oil has stabilized over the past week, but is still at its lowest level in years, while fuel prices show no signs of letting up from their dramatic declines.
Fuel prices started off the final month of 2014 in the same fashion they have been during much of the second half of the year, according to new U.S. Energy Department figures.
Diesel and gasoline prices keep moving lower while the price of oil has gained a little ground over the past week.
The long ride of falling diesel prices has ended with the fuel posting its first weekly increase since late June, according to new U.S. Energy Department figures.
Fuel and crude oil are continuing down the road toward lower prices, hitting levels not seen in at least nearly two and half years.
Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.
UPDATED -- Diesel fuel and gasoline prices in the U.S. continue moving lower with the national averages posting their largest weekly drops in quite a while.
Both the trucking industry and the overall economy added jobs in September, pushing the unemployment rate down below 6% for the first time since July 2008 and hitting its lowest level in six years.
The threat of inflation to the U.S. economy appears to be muted, with a report issued Wednesday showing consumer prices in August fell for the first time in 16 months.
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