Look what’s back in the headlines: diesel prices!
“Diesel prices for U.S. truckers rose a record 96 cents a gallon this past week, an ominous sign for retailers and manufacturers juggling tariffs and bracing for higher shipping costs following the U.S.-Israeli attacks on Iran,” reported Paul Berger in the Wall Street Journal yesterday.
According to the article:
The average on-highway price for diesel increased 25% for the week ended March 9 to $4.859, according to the U.S. Energy Information Administration. Avery Vise, a trucking analyst at FTR Transportation Intelligence, said the rise was the largest ever weekly increase in both price a gallon and percentage terms since the government started tracking diesel prices in 1994.
Let’s roll the film back four years, when on-highway diesel fuel prices were $5.134 per gallon on March 22, 2022 — up $1.940 from the previous year.
At the time, since fuel costs ultimately get passed on to shippers via fuel surcharges, we asked members of our Indago supply chain research community — supply chain and logistics executives from manufacturing, retail, and distribution companies — the following question:
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The Role of 3PLs in Shipper Decision-Making
In a previous Indago survey, we explored how supply chain leaders are strengthening decision-making amid ongoing uncertainty. In this follow-up survey, we turned the lens outward to examine the role Third-Party Logistics providers (3PLs) play in supporting — or limiting — better decision-making within shipper organizations.
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