# Higher bunker fuel prices driving up fuel surcharges | Journal of Commerce

> Journal of Commerce reports that Union Pacific raised California intermodal surcharges to $1,000 per box, citing higher bunker fuel costs. Low water on the Rhine threatens to push congestion back to Rotterdam and Antwerp. Ongoing European port logjams and labor and infrastructure problems are slowing breakbulk cargo.

- Date: 2018-02-06 · published 2018-02-06T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/66694-higher-bunker-fuel-prices-driving-up-fuel-surcharges-journal-of-commerce
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Rising fuel surcharges and port and river bottlenecks increase freight costs and delay cargo movements for feed and grain importers. These effects can widen basis spreads for buyers in Europe and the US West Coast.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-08-05 | [Low sulfur fuel to come at a high price \| Journal of Commerce](https://feedsoft.ai/events/69625-low-sulfur-fuel-to-come-at-a-high-price-journal-of-commerce.md) | -0.7% | +7.1% |
| DIESEL | 2019-06-17 | [US agriculture exporters under low-sulfur fuel pressure \| Journal of Commerce](https://feedsoft.ai/events/58773-us-agriculture-exporters-under-low-sulfur-fuel-pressure-journal-of-commerce.md) | +4.9% | +6.7% |
| DIESEL | 2017-01-18 | [Fuel hikes set to consolidate Mexican trucking sector \| Journal of Commerce](https://feedsoft.ai/events/73149-fuel-hikes-set-to-consolidate-mexican-trucking-sector-journal-of-commerce.md) | -1.0% | -0.8% |
| DIESEL | 2019-02-19 | [Enough low-sulfur fuel at US ports come 2020? \| Journal of Commerce](https://feedsoft.ai/events/60795-enough-low-sulfur-fuel-at-us-ports-come-2020-journal-of-commerce.md) | -2.3% | -2.6% |
| DIESEL | 2026-02-25 | [Fuel prices surge, but rates holding strong \| Overdrive](https://feedsoft.ai/events/20779-fuel-prices-surge-but-rates-holding-strong-overdrive.md) | +17.3% | +54.9% |

## Sources

- joc.com: https://www.joc.com/article/higher-bunker-fuel-prices-driving-up-fuel-surcharges-5226583

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