Rising costs impact more than just a fleet’s bottom line. When using less fuel isn’t an option, what can fleets do? And how can work truck fleets mitigate continually rising insurance costs?
While fluctuating fuel costs are largely out of our control, there are ways the trucking industry can maximize the fuel efficiency of their fleets.
"Short-term gain, long-term pain," is what one analyst called the White House release of oil from the nation's Strategic Petroleum Reserves in an effort to bring down fuel prices.
Retail fuel prices have never increased so quickly on a percentage basis over a three-week period, according to the Department of Energy.
The national average diesel fuel price of $3.78 per gallon represents a rise of 6 cents from the prior week and $1.06 over last year.
National average diesel fuel prices were $3.66 per gallon as of Jan. 10, 2022, a rise of 4 cents from the prior week and 99 cents over last year.
National average diesel fuel prices were $3.72 per gallon as of Nov. 29, 2021, according to the U.S. Energy Information Administration (EIA).
National average diesel fuel prices were $3.71 per gallon as of October 25, 2021, according to the U.S. Energy Information Administration (EIA).
National average diesel fuel prices were $3.67 per gallon as of October 18, 2021, according to the U.S. Energy Information Administration (EIA).
On-highway diesel fuel prices increase to start the month of October and increase over $1 from a year ago.
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