Ceridian-UCLA Pulse Of Commerce Index
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Ceridian-UCLA Pulse Of Commerce Index
The Ceridian-UCLA Pulse of Commerce Index (PCI) is based on real-time diesel fuel consumption data for over-the-road Trucking industry, trucking and serves as an indicator of the state and possible future direction of the U.S. economy. By tracking the volume and location of fuel being purchased, the index closely monitors the over-the-road movement of raw materials, goods-in-process, and finished goods to U.S. factories, retailers, and consumers. Working with economists at UCLA Anderson School of Management and Charles River Associates, Ceridian provides the index monthly and also offers companies access to more detailed fuel-use information. (Appears to be discontinued as of June 2012) Compiling and analyzing the data Through Ceridian’s electronic card payment services for the transportation industry, diesel sales for freight haulage can be tracked and analyzed on a yearly, monthly, weekly and daily basis. Millions of these fuel transactions are processed each year, and the dat ...
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Diesel Fuel
Diesel fuel , also called diesel oil, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a result of compression of the inlet air and then injection of fuel. Therefore, diesel fuel needs good compression ignition characteristics. The most common type of diesel fuel is a specific fractional distillate of petroleum fuel oil, but alternatives that are not derived from petroleum, such as biodiesel, biomass to liquid (BTL) or gas to liquid (GTL) diesel are increasingly being developed and adopted. To distinguish these types, petroleum-derived diesel is sometimes called petrodiesel in some academic circles. In many countries, diesel fuel is standardised. For example, in the European Union, the standard for diesel fuel is EN 590. Diesel fuel has many colloquial names; most commonly, it is simply referred to as ''diesel''. In the United Kingdom, diesel fuel for on-road use is c ...
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