Uber Freight announces Q4 Earnings and Diesel benchmark drops for the first time in 2 weeks

John Kingston - Editor at Large - FreightWaves

Topic: Uber Freight announces Q4 Earnings.

1. We’ve seen a lot of companies announce earnings that were even or better - even in tougher times.  Uber Freight did not fare as well.
2. John you’ve seen a number of these earnings reports come in - what’s your general sense of how the freight industry is handling these tougher economic times.
3. Is there a difference between those that are doing better and those that have not fared as well.

Topic: Diesel benchmark drops for the first time in 2 weeks

1. Diesel marked at $4.54 on 2/6.  This is the first mark we’ve seen with the Russian Oil Price cap in place - it doesn’t seem to have done much at least initially.
2. What are your impressions of this long term - will the Russian price cap have any effect?
3. We saw a jump in diesel prices coming off of the last set of IMO regulations - what do you see as the effect of IMO 2023 as it comes inti effect?

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