Outlook: Fuel Costs Could Rise 20 Percent
The low fuel price bump that many businesses enjoyed in 2016 doesn’t look like it’s going to last in 2017, say market experts. The U.S. Energy Information Administration (EIA) is now looking at a Brent crude oil price averaging around $52 per barrel in 2017 – that’s up from $43. That’s a r
Study: Operational Fuel Costs Fall for Trucking Fleets in 2016
Falling fuel prices and a soft economy have reduced the operational fuel costs in the trucking industry over the last year, according to a new study by the American Transportation Research Institute. Those gains, though, have not come with the help of emerging diesel fuel saving technologies, and fu