AAA Daily Fuel Gauge Report for Friday, 12/13/24

National Average Price for Regular Unleaded Current: $3.087; Month Ago: $3.345; Year Ago: $3.193. National Average Price for Diesel Current: $4.046; Month Ago: $4.336; Year Ago: $4.831.

Digital speed limitation for timber trucks works well on stretches with a lot of infrastructure, and haulage companies show great commitment to safer timber transports. This is demonstrated by the geofencing project that SCA has undertaken in collaboration with the Swedish Transport Administration. "We continue to utilize the technology on both existing routes and new ones," says Lars Nolander, logistics manager at SCA Skog. SCA's efforts to create safer timber transports have been ongoing for several years, and the latest initiative involves testing digital speed limitation, known as geofencing, on four selected routes in Västernorrland and Jämtland, where the road passes through villages or residential areas with houses and residents along the way. The technology involves creating zones using GPS points, where the vehicle senses when it's time to adjust the speed. Four haulage companies and nearly 40 timber trucks have been involved in the project.

Disruptions caused by attacks on cargo ships in the Red Sea have once again created volatility in retail supply chains, leading to delays and increased costs. That's according to the Global Port Tracker report by the National Retail Federation and Hackett Associates. Jonathan Gold, NRF VP for supply chain and customs policy, noted that retailers are working with their carrier partners on mitigation strategies to limit the impact of the disruptions caused by the attacks, "but we are seeing longer transit times and increased costs as a result.” To help retailers navigate supply chain challenges, NRF 2024: Retail’s Big Show will feature a special one-day program — Supply Chain 360 Summit — on Sunday, Jan. 14, 10:00 a.m. - 3:45 p.m. (ET), at the Javits Convention Center, New York City.