FreightWaves SONAR shows daily fluctuations in ULSD wholesale prices
FreightWaves SONAR data can be indispensable, particularly in this environment.
FreightWaves SONAR data can be indispensable, particularly in this environment.
The wild fluctuations in crude oil prices have created a strong disconnect between wholesale and retail diesel prices. What are the impacts on transportation costs and subsequently carrier bottom lines?
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Diesel costs were supposed to make 2020 more difficult for struggling carriers, but wholesale fuel prices have fallen rapidly, which should help carriers in the slow season.
Fuel is the second-largest expense for trucking fleets, after labor. Every penny a fleet saves on fuel goes directly to the bottom line. Predicting where wholesale rack diesel prices will go has always been tricky. SONAR, FreightWaves’ forecasting platform introduces next day wholesale rack ULSD predictive prices.