US Trucking News & Information
TCI Business Capital is pleased to present the latest trucking news & information for the US freight industry. The news and information are compiled from a variety of sources across the web.
- Second FedEx Ground Station Opens in Oklahoma City9 hours ago
- Marten Transport Posts Record Results in Third Quarter9 hours ago
- Uber Freight affiliate Powerloop aims to cut detention time with trailer rentals11 hours ago
- Heartland Express Returns to Historical Levels of Profitability11 hours ago
- Show us your Halloween pet pics12 hours ago
- Owner-Operator of the Year nominations sought; winner gets $25k15 hours ago
Trucking News – US Diesel Fuel Prices
Courtesy of US Energy Information Agency
| Change from | |||||
| 10/01/18 | 10/08/18 | 10/15/18 | Week Ago | Year Ago | |
| US | 3.313 | 3.385 | 3.394 | +0.009 | +0.607 |
| East Coast (PADD 1) | 3.292 | 3.360 | 3.382 | +0.022 | +0.585 |
| New England (PADD 1A) | 3305 | 3.344 | 3.361 | +0.017 | +0.614 |
| Central Atlantic (PADD 1B) | 3.447 | 3.351 | 3.544 | +0.013 | +0.618 |
| Lower Atlantic (PADD 1C) | 3.180 | 3.243 | 3.272 | +0.029 | +0.558 |
| Midwest (PADD 2) | 3.278 | 3.351 | 3.351 | +0.000 | +0.594 |
| Gulf Coast (PADD 3) | 3.079 | 3.169 | 3.172 | +0.003 | +0.560 |
| Rocky Mountain (PADD 4) | 3.367 | 3.390 | 3.400 | +0.010 | +0.514 |
| West Coast (PADD 5) | 3.802 | 3.866 | 3.880 | +0.014 | +0.791 |
| West Coast less California | 3.506 | 3.558 | 3.591 | +0.033 | +0.588 |
| California | 4.038 | 4.111 | 4.109 | -0.002 | +0.950 |
Trucking News – US Freight Rates
October 1, 2018 – Courtesy of DAT Trendlines
Van Rates – Source Dat.com
Reefer Rates – Source Dat.com
Flatbed Rates – Source Dat.com
Freight Trends and News:
October 2018 Freight Trends
October 1, 2018 – DAT.com is reporting that the national average van and reefer rates returned to May levels. Shipping resumed out of South and North Carolina last week after Hurricane Florence passed.
September 2018 Freight Rates |
|||
| Sep 23-29 vs Sep 16-22 | Sep 2018 vs. Aug 2018 | Sep 2018 vs Sep 2017 | |
| Spot Market Loads | +2.4% | -12% | -0.1% |
| Spot Market Capacity | -2.4% | -9.7% | +23% |
| Van Load-To-Truck | +7.1% | +6.9% | +8.2% |
| Van Rates (Spot) | +0.0% | +0.9% | +9.1% |
| Flatbed Load-To-Truck | +0.0% | -11% | -39% |
| Flatbed Rates (Spot) | -0.0% | -3.0% | +13% |
| Reefer Load-To-Truck | +4.9% | -8.1% | -32% |
| Reefer Rates (Spot) | -0.4% | +1.2% | +12% |
| Fuel Prices | +0.1% | +1.4% | +17% |
For more information on DAT products & service visit DAT.com
Trucking and Freight Factoring With TCI Business Capital
Trucking and freight factoring is a type a financing commonly used by fleet owners to improve their cash flow. Factoring is simply the converting or selling of open receivables to a factoring company for immediate cash. Companies using invoice factoring have the consistent cash to use towards fuel, payroll, maintenance, and more.
TCI Business Capital has been a leader in trucking and freight factoring since 1994. From the knowledge and experience built up from years of serving clients in the trucking industry, TCI Business Capital offers customized factoring solutions for each client. For more information on our factoring programs, fill out the form on our website or call (800) 707-4845.