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A FreightWaves Intel Group survey finds U.S. logistics firms, especially owner-operators and small fleets, are largely unprepared for diesel price volatility from IMO 2020. Most respondents are only monitoring the situation, and shippers expect carriers to pass on higher fuel surcharges.
Limited preparation means fuel surcharges could rise sharply once IMO 2020 tightens diesel supply, raising delivered costs for feed shipments.
freightwaves.comFreightWaves StaffJul 8, 2019After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.
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.
