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Economic trends: Page 25

Business
Diesel’s downward pitch continues for another week
The nation’s average price for a gallon of on-highway diesel is now $2.976, the lowest since early February. Diesel prices have declined in 15 of the previous 17 weeks, falling from a 2019 high of $3.171 during the week of May 6.
September 4, 2019
fueling-truck-stop-2018-01-22-15-37
Business
Diesel prices fall by a penny
The U.S.’ average price for a gallon of on-highway diesel is now $2.983. Fuel prices have dropped for seven consecutive weeks, but have only fallen by six cents during that period. The nation’s fuel prices are approaching the 2019 low of $2.965 set back during the weeks ending Jan. 21 and Jan. 28.
August 27, 2019
Pilot Diesel Lanes
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Business
Market conditions swing further in favor of shippers as rates weaken
Market conditions for shippers moved further into positive territory in June, according to FTR’s  latest Shippers Conditions Index. June’s reading was the strongest since February 2016.
August 23, 2019
reefer dock shipper 2
Business
Indicators: Truck tonnage soared in July
“Tonnage in 2019 has been on a rollercoaster ride, plagued with large monthly swings, which continued in July as tonnage surged after falling significantly in May and June,” said ATA Chief Economist Bob Costello.
August 21, 2019
Tonnage0820_graphic-2019-08-21-06-27
Business
Diesel prices continue sauntering downward
During the week ending Aug. 19, fuel prices fell by 1.7 cents to a national average of $2.994 per gallon. The last time diesel was cheaper than $3 was the week ending Feb. 11.
August 20, 2019
Fuel Stop-1774-2019-04-12-12-42
Business
Indicators: ‘Trucking Conditions’ improved but remained negative in June
FTR says strengthening freight demand and lower diesel prices were offset by weak truckload rates and easing capacity utilization, in addition to some higher financing costs that negatively affected carriers in June.
August 14, 2019
trucking highway california-2018-05-16-13-28
Business
Diesel prices creep downward
The U.S.’ average price for a gallon of on-highway diesel is now $3.011, the lowest since mid-February. Since the beginning of 2019, fuel prices have only fluctuated by about a quarter, and prices are now flat compared to the start of the year.
August 13, 2019
diesel-fuel-price
Business
New diesel regs for maritime shippers could impact U.S. truck freight, diesel prices
Though the tighter regulations for maritime shippers likely will put upward pressure on diesel prices, the bigger impact for the U.S. trucking industry could be their impact on geographic freight patterns.
August 9, 2019
diesel-fuel-price
Business
Indicators: Trucking employment rally continues, freight movement ‘weak’ but growing
Compared to 2018 and 2019, the goods transportation sector’s growth has slowed dramatically, and overall GDP growth well outpaced the economy’s goods transportation components, says FTR. In other indicators news, employment gains continued in the trucking industry, eclipsing 75,000 additional jobs since early 2017.
August 6, 2019
View-through-window-on-highway-2016-08-04-16-18
Business
Diesel prices flat across U.S.
The U.S.’ average price for a gallon of on-highway diesel is now $3.032, the lowest national average since mid-February.
August 6, 2019
fuel-2017-10-26-09-05
Business
Indicators: Shippers Conditions sharply improve, spot rates flat, trucking revenues soared in ’18
Shippers conditions are often an inverse of conditions for carriers, meaning May’s Trucking Conditions Index, likely to be released soon, will indicate deterioration in conditions for carriers. Also: Per-mile rates on the spot market were mostly flat in July, and trucking revenues in 2018 jumped to nearly $800 billion.
August 2, 2019
Screen Shot 2019-08-01 at 10.39.36 AM-2019-08-02-08-56
Business
Fuel prices hit lowest national average since February
During the most recent week, prices fell in all regions except California, which stayed mostly flat, increasing by just one-tenth of a cent. More here on CCJ.
July 30, 2019
truckstop truck stop hours of service evening parking hos fuel island20160526_0056
Business
Tonnage slipped again in June, still up year over year
Tonnage in June fell 1.1 percent from May, However, for the 26th consecutive month, tonnage was up year over year. Click here for more information on CCJ.
July 24, 2019
7-19_tonnage-2019-07-24-08-39
Business
Diesel prices holding flat around $3
The cheapest fuel can be found in the Gulf Coast region at $2.804 per gallon, followed by the Lower Atlantic region at $2.937 per gallon. More Details on CCJ.
July 23, 2019
diesel-fuel-price
Business
ATA: Turnover rates in first quarter present ‘muddled picture’ of driver market
The turnover rate at large truckload fleets in the first quarter was 83% and smaller truckload carriers rate fell to 73%. More information here on CCJ.
July 17, 2019
Vnomics driver
Business
Indicators: ‘Trucking Conditions’ weakened further in May
Trucking conditions declined further in May due to softer rates according to FTR. FTR expects trucking conditions to remain negative the rest of the year.
July 16, 2019
truckonhighway2
Business
Diesel prices still holding flat around the $3 mark
Diesel fuel prices have remained around the $3 mark across the country with the current U.S. average price at $3.051. More details on CCJ.
July 16, 2019
Fuel Stop-1774-2019-04-12-12-42
Business
Indicators: Tighter capacity, better freight volumes helped revive spot market in June
According to DAT Solutions, spot market activity rates increased in June due to elevated freight volumes and constrained capacity. More details on CCJ.
July 15, 2019
DAT TL Van Volume and Rates-June 2019-2019-07-15-09-11
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Cyberimage
Cybersecurity
NMFTA warns of Chinese components in trucking technology
The trucking industry's expanded digitization increases its potential for cybercrime, and China could be a key threat to the U.S. via technology in transportation.
Headquartered in Ohio, Kandel Transport Inc. is a regional carrier specializing in temperature-controlled food transport.
Business
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530918491 1181943017296591 4356064374936085263 N
Business
Marten Transport CEO stepping down, Randy Marten to return
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Regulations
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