Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better

freight


An IMO Crackdown

By: Ryan Wolfe / Posted on: January 13, 2020

January 1, 2020, marked a big change for marine vessels.  The IMO (International Maritime Organization) has implemented a significant reduction in the sulfur content for the shipping industry in 2020.  The reduction brings the previous 3.5% sulfur content (bunker fuel), plummeting down to the new 0.5% sulfur requirement.   Goldman Sachs estimates the monetary impact could be as much as $240 billion during the 2020 calendar year.

Read More

Digital Freight

By: Ryan Wolfe / Posted on: December 18, 2019

It is no secret that 2019 has not been kind to the trucking industry.  In 2018, 310 freight companies were forced to close down.  During the first half of 2019 alone, that number was approximately doubled, showing 640 closures.  Looking at data like this, you can understand why the trucking industry is looking for ways to diversify and adapt, to stimulate the LTL industry.  With Celadon, one of the industry titans in North America closing their doors, there have been more than a few eyebrows being raised around the industry.  In times like this these, communication is key for maintaining peak efficiency across all operations.

Read More

Toll Booths of the Future

By: Barb Zearley / Posted on: October 18, 2019

If you drive the major highways anywhere in the United States, you are certainly aware of toll highways. Tolls not only increase the cost of passenger car trips but also impact the freight cost to transport products by truck throughout the United States. The toll money collected from toll payments helps pay for road maintenance, rest areas, grass mowing, road salting and snow removal (in the northern states). States are rapidly investing in toll booth modernization and the implementation of cashless toll booths, E-Z Pass technology and license plate photos are all ways to reduce toll collection costs and increase the flow of traffic for all vehicles. 

Read More

Are fewer trucks on the road causing rates to go up?

By: Pam Corn / Posted on: October 14, 2019

In September, demand for freight continued to remain strong. However a combination of tighter capacity and fuel price increases were causes for higher spot market rates. Refrigeration and flatbed freight dropped from August to September according to DAT Truckload Freight Volume Index. The index reflects changes in the actual number of spot market loads moved each month.

Read More

Real Life Transformers

By: Matt Karol / Posted on: October 4, 2019

 

Read More

Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

Subscribe to our blog

Price Feed

Stay up-to-date on current fuel prices and market trends with our NYMEX price feed (15 minute delay to the live market).

© 2018 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

Categories

RSS FEED

feed-icon-28x28.png
Contact Us