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Economic trends: Page 26
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
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
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July 7, 2025
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
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
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
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
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
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
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
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
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
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
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
Business
Diesel prices creep up for first time since May
Diesel prices rose 1.3 cents a gallon after decreasing for six consecutive weeks according to the Department of Energy. More details on CCJ.
July 9, 2019
Business
New figures from Labor Department show trucking employment upswing in recent months
Data from the Department of Labor shows a gain of 36,800 jobs in the for-hire trucking industry since last year. More details on CCJ.
July 8, 2019
Business
For the first time this year, spot market rates jumped in June
Monthly rates data shows strong month-to-month gains in June for per-mile rates in the spot market. Learn more about recent spot market rates here on CCJ.
July 3, 2019
Business
Higher diesel taxes take effect in 12 states
Effective Monday, July 1, some states’ diesel fuel tax increases are less than a cent, some states’ taxes on diesel will be immediately noticeable. More here.
July 2, 2019
Business
Diesel prices continue inching lower
The cheapest diesel can be found in the Gulf Coast region at $2.803 per gallon, followed by the Midwest region at $2.924 per gallon. More details here.
July 2, 2019
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