Chart of the Week: Ultra-Low Sulfur Diesel Rack Price, Fuel Spread between Rack and Retail Price – USA SONAR: ULSDR.USA, FUELS.USA
With trucking capacity as tight as it has been in over a decade thanks to the COVID-19 pandemic, truckload carriers are enjoying some of the highest spot market rates since 2018. A big component of those rates is fuel costs, which after a sharp drop in April due to low demand have been extremely stable until this week, compressing the spread between the wholesale...
https://s29755.pcdn.co/news/fuel-price-volatility-could-return-amid-peak-season-surge