THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
New emissions regulations targeting large ocean-going ships could raise fuel prices for trucking fleets at the pump on dry land, says NACFE’s Dave Schaller.
Average national diesel prices, as of May 6, hit $3.17 cents per gallon. Prices are currently equal to one year ago, but about 2-cents higher than last week.
Southern California Gas Co. is lowering the price of compressed natural gas at its 13 public access natural gas vehicle fueling stations by 12 cents per gallon beginning April 1.
Diesel prices have continued a month-over-month and year-over-year steady rise. National average diesel fuel prices were $3.23 for September, according to WEX. This is 5 cents higher than August and 49 cents higher than September 2017.
Operational costs increased to their highest levels since 2014, driven by rising fuel prices and pay and benefit increases for drivers, according to a new report from the American Transportation Research Institute.
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.
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.
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).
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.
AAA Travel projects that 50.9 million Americans will travel 50 miles or more away from home this Thanksgiving holiday weekend, an increase of 1.6 million travelers compared with last year. Car rental rates will hit a five-year holiday high at $70 per day.