Diesel Prices Rise for the Second Consecutive Week

Diesel Prices Rise for the Second Consecutive Week, Crude Futures Surge

New Sanctions on Russia and Disappointing U.S. Crude Production Impact Market After fluctuating over the past few weeks, which resulted in lower diesel prices, recent increases suggest that retail diesel prices may have reached a temporary bottom. Additionally, developments in crude oil futures markets are indicating

Flatbed Trucking Rates on the Rise

Tariffs and Seasonal Demand Push Flatbed Trucking Rates Higher

Flatbed trucking rates have been on the rise, driven by increased demand from steel and lumber shippers who are rushing to stock up ahead of potential tariff changes. Experts say this surge in demand has led to the highest flatbed pricing at the start of a

Diesel Prices Decline for Third Consecutive Week, Market Trends Suggest Further Drops

Diesel Prices Decline for Third Consecutive Week, Market Trends Suggest Further Drops

The average retail diesel price has continued its downward trend for the third straight week, falling by a total of 14.8 cents per gallon during this period. According to the latest data from the Department of Energy (DOE) and the Energy Information Administration (EIA), the current

Canada & EU Hit Back with Tariffs as U.S. Trade War Escalates

Canada and EU Retaliate as U.S. Trade Tariffs Escalate

The ongoing global trade tensions have reached a new level as Canada and the European Union impose countermeasures in response to fresh U.S. tariffs on steel and aluminum imports. U.S. Implements 25% Tariffs on Steel and Aluminum Imports Effective immediately, the U.S. government has enforced a

Expert Says Cartels Are a Barrier to Growing Cross-Border Trade

Borderlands Mexico: Expert Says Cartels Are a Barrier to Growing Cross-Border Trade

Mexico Wants to Grow Trade, But Security is a Big Concern Mexico has launched an ambitious plan to boost its economy and increase trade with the U.S. and Canada. However, experts warn that organized crime could slow progress. On January 13, Mexican President Claudia Sheinbaum introduced

Potential U.S. Tariffs on Chinese Ships Could Reshape Global Logistics

Potential U.S. Tariffs on Chinese Ships Could Reshape Global Logistics

The U.S. government is considering imposing substantial fees on Chinese-built or Chinese-flagged ships that call at American ports, a move that could significantly impact global shipping costs and supply chains. If implemented, these proposed levies—reaching up to $1.5 million per port visit—could raise freight rates and

U.S. Dockworkers Set to Approve Historic Pay Raise & Labor Deal

U.S. Dockworkers Set to Vote on Landmark Labor Agreement

Six-Year Contract Proposes 62% Pay Hike and Automation Safeguards for East and Gulf Coast Ports The U.S. dockworkers’ union is poised to vote on a pivotal six-year labor agreement this week, a move that could solidify stability at East Coast and Gulf Coast ports until 2030.

U.S. Proposes Hefty Port Fees on China-Built Ships and Operators

U.S. Proposes Hefty Port Fees on China-Built Ships and Operators

New charges could add millions to shipping costs, impacting global trade In a significant move against China, the United States is proposing substantial new port charges that could drive up costs for ocean carriers operating at U.S. ports. According to a proposal published by the United

Diesel Market Braces for Potential Tariff Effects on Canadian Oil

Quiet Diesel Market Braces for Potential Tariff Effects on Canadian Oil

Diesel Prices Continue Upward Trend for Third Consecutive Week, Rising About 20 Cents Since December Despite a relatively stable diesel market with minimal fluctuations, several underlying factors could significantly impact oil prices—and, consequently, diesel costs—in the near future. The restrained movement in diesel prices was evident