News

Average Diesel Cost Unchanged, Still Lowest in Years preview image Average Diesel Cost Unchanged, Still Lowest in Years article image

Average Diesel Cost Unchanged, Still Lowest in Years

LONDON, ON and WASHINGTON, D.C. -- The national average cost of diesel has paused from its recent string of declines while gasoline has moved lower over the past week in Canada. The petroleum information services provider The Kent Group reports diesel is at $1.05 per liter for the second consecutive week after falling for eight straight weeks and hitting its lowest level since November 2010. Compared to this week a year ago the price $0.242 less. Not surprisingly, prices varied little if any in the different regions of Canada from last week with the Atlantic provinces this week recording an average of $1.025 per liter, Quebec at $1.097, Ontario at $1.026 and the Western Provinces at $1.065.
Canada-U.S. Truck Border Crossing Figures Reveal Surprises preview image Canada-U.S. Truck Border Crossing Figures Reveal Surprises article image

Canada-U.S. Truck Border Crossing Figures Reveal Surprises

WASHINGTON, D.C. --New analysis of data shows truck traffic between Canada and the U.S. has declined while it has increased between the U.S. and Mexico. The Journal of Commerce reports U.S. Transportation Department figures show since the second quarter of 2005, truck crossings between Canada and the U.S. decreased 16 percent but grew 19 percent between the U.S. and its neighbor to the south Also, truck crossings at both U.S. borders have increased since 2009, as the level with Mexico approaches what the U.S. has with Canada. It reports in the second quarter of this year, Mexican border truck crossings with the U.S. were up 2.6 percent year-over-year, while crossings at the U.S. Canadian border dropped 1.6 percent. Compared to the first quarter of the year, Canadian truck crossings increased 4.1 percent in the second quarter of 2015, while there was a 5.1 percent jump in June from May after falling in April from May. At Detroit, the second-largest U.S. truck border crossing, truck volumes increased 3.4 percent from the first quarter, according to JOC, but were down 4.6 percent year-over-year.

Trending Topics