Electrifying your fleet isn’t just about going green – it’s about staying in business
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- YMX says electrifying yard trucks is a risk‑management move to shield operations from fuel‑price volatility caused by geopolitical shocks.
- Brent crude rose above $100 per barrel in March 2024, with some contracts briefly topping $118 per barrel.
- Diesel prices hit a U.S. average of $5.401 per gallon, with California exceeding $7.20 per gallon.
- U.S. Energy Information Administration projects Brent crude could fall toward $70 per barrel later in 2026 if conditions stabilize, but revised expectations upward within a month.
- ConstructionConnect recorded a 22.8% month‑over‑month surge in construction project abandonments, the largest rise since late 2025, coinciding with the Iran‑Hormuz conflict.
Why it matters: Construction firms and large shippers gain cost certainty by switching to electric yard trucks, while diesel‑fuelled fleets face eroding margins; a 22.8% rise in project abandonments and $5.40/gal diesel prices illustrate the financial stakes.
![Electric haul trucks could save Fortescue over $400 million in fuel per year [update]](https://electrek.co/wp-content/uploads/sites/3/2025/09/liebherr-t264.png?w=1200)