Fuel prices have always influenced transportation costs, but in the current market, the impact is becoming harder to ignore. For many shippers, the biggest challenge is not only that diesel is expensive. It is that diesel volatility is now flowing directly into weekly fuel surcharge adjustments, making logistics budgets more difficult to predict from one week to the next. That matters because transportation spend is … Read More
How Middle East Tensions Are Disrupting Supply Chains
On June 13, the global energy market reacted sharply to breaking news: Israel had carried out a strike on Iranian military targets. Early fears suggested a broader escalation could be underway, perhaps even one that would drag in Iran’s critical oil infrastructure. While that didn’t happen (Iran’s oil facilities were untouched), the market didn’t wait for confirmation. Diesel futures spiked nearly 8%. Crude oil prices … Read More