/ By Blase Iorio / Industry News/ / 0 Comments

New Truck Orders Are Setting Records

Class 8 truck orders were up 75% year-over-year in the month of December, 2017. Orders reached nearly 38,000 compared to 21,400 a year earlier. These numbers were the highest in 3 years. Experts believe that the spike in orders are due to a number of factors. The main reason is the anticipation of President Trump’s infrastructure bill, along with construction companies increased jobs in 2018. The Associated General Contractors of America expect demand for all types of general construction to increase. Orders have been on the rise for the last three months.

source:transport topics 

/ By Blase Iorio / Fuel Pricing/ / 0 Comments

Diesel Fuel Prices

U. S. on-highway diesel fuel price for the week of 01/22/18 averaged $3.025 per gallon. The price went down slightly in seven regions across the country. It went up a few tenths in the five remaining  regions in the United States. California is the highest at $3.643 per gallon. The Gulf Coast Region remains the lowest  at $2.815.

 

source: www.eia.gov/petroleum

/ By Blase Iorio / Fuel Pricing/ / 0 Comments

Deep Freeze Felt At Diesel Pump

Bitter cold temperatures across the United States has increased the demand for heating oil and low-sulfur diesel fuel. The price of diesel fuel increased by 7 cents due to this demand. The average retail  price nationwide as of January 10, 2018 is at $2.973 per gallon. This is the highest increase since  January, 2015. The highest price per gallon is in the California region at $3.590. The lowest is in the Gulf Coast region at $2.774 per gallon. It is recommended that because of the frigid temps, drivers should keep their fuel tanks full overnight to prevent clogging and freezing.

 

source:transport topics

/ By Blase Iorio / Fuel Pricing/ / 0 Comments

Diesel Fuel Prices

The United States on-highway diesel fuel price for the week of 1/8/18 averaged $2.996 per gallon. The price climbed to over $3.00 per gallon in 5 regions throughout the country. California, as expected, is the most expensive at $3.638. The Gulf Coast Region remained the lowest at nearly one dollar less…$2.785.