supply-chain

Diesel prices fall to $6.13 a gallon as the freight-fuel spike rolls over

A diesel nozzle rests in a freight truck's fuel tank beside its wheel at a loading dock.
Falling diesel prices could ease the fuel surcharges attached to freight rates. Illustration: MarketIntelLabs

The US weekly on-highway diesel price fell to $6.127 a gallon in the EIA print for the week of Nov 9, down 2.6 percent from $6.292 the prior week and the lowest reading since Sept 7. After holding near $6.30 through the second half of October, the freight fuel is finally rolling over, which matters for every truckload, less-than-truckload and parcel rate that carries a fuel pass-through on top of its base linehaul.

Key Takeaways The EIA weekly on-highway diesel print for the week of Nov 9 came in at $6.127 a gallon, down 2.6 percent week over week and the lowest since Sept 7. Two straight weekly declines snapped a plateau near $6.30, with the peak at $6.352 in the week of Oct 26. Diesel still…

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