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Fleet Owner notes U.S. fuel costs reached a higher point in July than seen in some time, with ULSD back in the low $3.20s after a sharp fall in 2016. Gasoline reached the $3 mark before easing slightly.
Sustained higher diesel prices increase trucking costs for feed deliveries and may shift fleet purchasing, adding to freight-cost pressure on feed buyers.
fleetowner.comAaron MarshJul 26, 2018Not 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.
