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FreightWaves host John Kingston discusses why diesel prices have not risen as expected from the IMO 2020 marine fuel sulfur rules, and says the impact has not fully played out. The segment also includes freight economist Noel Perry's bearish outlook on trucking markets.
Wholesale diesel fell despite expected IMO 2020 demand for low-sulfur distillates, which lowers fuel costs for hauliers and eases pressure on freight rates. Feed buyers' inbound and outbound trucking costs could ease, though the diesel impact is expected to build later.
freightwaves.comJohn KingstonFeb 5, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
