US DIESEL prices rose 49 cents per gallon in August from July, pushing up fuel surcharges and the US producer price indexes for trucking, reports New York's Journal of Commerce.
The 20 per cent increase over the past three months is putting pressure on US trucking costs, and shippers can expect to see their costs creep higher this fall amid seasonal freight demand and a forecast for higher fuel prices and surcharges.
'Rising fuel prices affect different carriers in different ways,' said Pittsburgh's less-than-truckload (LTL) carrier Pitt Ohio marketing chief Geoff Muessig. 'The more sustainable you are as a carrier, the less emissions, the less impact fuel has on your network than someone else's.
'We think our sustainability efforts are muting some of the impact' of rising fuel costs, said Mr Muessig.
The average retail diesel price in the US over the past week was US$4.63 per gallon, according to weekly data published by the US Energy Information Administration (EIA); that's up nine cents from the prior week. The average price in California alone was $6.19 per gallon, up 22 cents on the week.
From July to August, the average fuel surcharge tracked by DAT Freight & Analytics rose eight cents to 52 cents per mile - an 18.2 per cent gain. That surcharge rose 12 cents per mile, or 28 per cent for contract and spot-market carriers from June through September 15, reaching 55 cents per mile, according to DAT data.
Shippers can't control carrier fuel surcharges - although many shippers build their own fuel surcharges into contracts. They can control how they ship LTL and truckload freight.
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The 20 per cent increase over the past three months is putting pressure on US trucking costs, and shippers can expect to see their costs creep higher this fall amid seasonal freight demand and a forecast for higher fuel prices and surcharges.
'Rising fuel prices affect different carriers in different ways,' said Pittsburgh's less-than-truckload (LTL) carrier Pitt Ohio marketing chief Geoff Muessig. 'The more sustainable you are as a carrier, the less emissions, the less impact fuel has on your network than someone else's.
'We think our sustainability efforts are muting some of the impact' of rising fuel costs, said Mr Muessig.
The average retail diesel price in the US over the past week was US$4.63 per gallon, according to weekly data published by the US Energy Information Administration (EIA); that's up nine cents from the prior week. The average price in California alone was $6.19 per gallon, up 22 cents on the week.
From July to August, the average fuel surcharge tracked by DAT Freight & Analytics rose eight cents to 52 cents per mile - an 18.2 per cent gain. That surcharge rose 12 cents per mile, or 28 per cent for contract and spot-market carriers from June through September 15, reaching 55 cents per mile, according to DAT data.
Shippers can't control carrier fuel surcharges - although many shippers build their own fuel surcharges into contracts. They can control how they ship LTL and truckload freight.
SeaNews Turkey