Reefer Carriers Face Dual Fuel Cost Squeeze as Diesel Prices Spike

Key Details Refrigerated fleets are being hit harder than most trucking segments as diesel prices surge. Refrigerated trailers must power both the truck engine and the transport refrigeration unit (TRU), creating compounded fuel expenses. Single-temperature units consume approximately 0.8 gallons per hour of TRU runtime, averaging 2,000 gallons annually. Multitemperature units are even more demanding at 0.9 gallons per hour, totaling roughly 3,150 gallons per year. Market Pressure Diesel prices jumped 38% in just three weeks, reaching $5.375 per gallon nationally by March 23. Premium truck stops averaged $6.30 per gallon, while California hit $7.30. Futures markets suggest sustained higher prices ahead, with crude oil climbing from under $70 to over $102 per barrel. Why It Matters Fuel surcharges typically lag one week behind price changes, leaving carriers absorbing costs during volatile periods. Many refrigerated carriers lack fuel surcharges in their contracts, leaving them especially vulnerable. Fleet operators are now actively preparing for prolonged elevated fuel costs rather than temporary spikes. Industry Response Leading refrigeration specialists like TEN are evaluating their fleet strategies and expansion plans as operational expenses climb significantly.