# Diesel prices provide an unexpected boost for carriers this off-season - FreightWaves

> Wholesale diesel prices fell about 40 cents per gallon in January while retail prices dropped only 12 cents. The spread between wholesale and retail rose above $1.20 per gallon, the first time since January 2019. Carriers buying off the rack are benefiting from lower fuel costs during the winter lull.

- Date: 2020-02-09 · published 2020-02-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54760-diesel-prices-provide-an-unexpected-boost-for-carriers-this-off-season
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A wide wholesale-to-retail spread lowers trucking costs during the seasonal slowdown, but the analyst expects the IMO 2020 effect to eventually lift diesel. Feed logistics costs are expected to stay soft in the near term.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/fuel-provides-an-unexpected-boost-for-carriers-this-off-season

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.