According to Erica Frank, Senior Vice President of Marketing at Optimal Dynamics, the most sustainable mile in trucking is the one that is never run. Frank argues that AI-driven decision optimization can improve trucking sustainability by shaping load acceptance and…
US farmers are facing record diesel prices above $6 a gallon, adding to their already high costs for fertilizer, seeds, and equipment. The price of diesel has risen about 60% since late February due to the US-Iran war, which has…
Jeff Currie, a veteran commodities strategist, believes that U.S. gasoline prices are highly likely to reach $5 a gallon before the November 3 midterm elections. He attributes the rising fuel prices to shortages spreading from refined products to crude oil,…
The food industry is warning that prices will go up for the rest of the year due to inflation, tariffs, and higher input costs. Companies such as Conagra, Campbell’s, and Clorox have announced or signaled price increases, with Campbell’s planning…
The proposed merger between Union Pacific and Norfolk Southern is drawing opposition from state officials, shippers, and labor unions as federal regulators review the deal. Union Pacific argues the merger would improve service and reduce highway congestion, while opponents warn…
Oil prices have eased, taking some pressure off inflation, after jumping earlier in the week to their highest levels since May due to the ongoing war with Iran. Brent crude fell 3% to $104.44 a barrel, helping to take some…
The US inflation rate accelerated in August, driven by a spike in gas prices following renewed fighting in the Middle East. According to the Labor Department, the consumer price index (CPI) rose 3.4% last month compared to the same period…
The national average diesel price in the US has reached a record $6.05 per gallon, up from $3.70 last year, due to the US-Iran war disrupting fuel flows and pushing crude oil above $100 a barrel. This increase is expected…
North American Blue Energy Partners (NABEP), a company backed by the Trump administration, plans to increase Venezuelan crude oil output to 500,000 barrels per day by the end of 2028, a 150% hike from the current 200,000 barrels per day.…
US diesel futures have surged above $5 a gallon for the first time since April 2022, amid global supply disruptions and escalating Middle East tensions. The price hike has raised concerns about inflation, as diesel is the fuel that powers…