Benchmark diesel price up first time in 3 weeks, futures markets edge higher
The benchmark diesel price used for most fuel surcharges rose for the first time in three weeks.
The benchmark diesel price used for most fuel surcharges rose for the first time in three weeks.
B99 biodiesel is now or will soon be available at select Pilot travel centers.
Fuel is one of the largest expenses for trucking fleets, making conservation strategies essential for long-term profitability. By leveraging technology such as fleet fuel cards, AI-powered route optimization, and real-time driver monitoring, fleets can reduce waste, improve efficiency, and prevent fuel fraud. Implementing preventative maintenance, minimizing idling, and optimizing routes are key to ensuring every gallon is used effectively. With fluctuating diesel prices and tightening margins, adopting a data-driven fuel management approach is necessary for survival in today’s trucking industry.
The diesel price used for most fuel surcharges declined for the third week in a row.
The benchmark diesel price used for most fuel surcharges is near its lowest level for 2025.
Nikola’s bankruptcy is a reality check for the push toward zero-emission freight. Once hailed as the Tesla of trucking, Nikola’s failure highlights the immense challenges of replacing diesel with electric and hydrogen-powered alternatives. While policymakers and environmental advocates push for green energy solutions, the trucking industry remains bound by the need for reliability, infrastructure, and economic viability. With limited charging and hydrogen refueling networks, high costs, and performance struggles, Nikola’s downfall reinforces a hard truth, diesel isn’t going anywhere anytime soon.
Oil markets have been quiet, but the impact of potential tariffs on Canada and Mexico is on the horizon.