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.
- Universal Logistics Purchases Southern Counties Express for $65 Million15 hours ago
- Being Defending Champion Adds Pressure, FedEx’s Roland Bolduc Says17 hours ago
- Sunsetting the W9 — any truth to the rumors? And when your dead starter is really a bad cable17 hours ago
- Medium-Duty Sales Near 20,000 in July Amid Consumer-Sector Strength17 hours ago
- Complying with Congressional statute, FMCSA submits plan to reform CSA17 hours ago
- New push-to-talk cellular radio on way from Motorola19 hours ago
Trucking News – US Diesel Fuel Prices
Courtesy of US Energy Information Agency
US Diesel Prices
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| Change from | |||||
| July 30, 2018 | August 6, 2018 | August 13 2018 | Week ago | Year ago | |
| US | 3.226 | 3.223 | 3.217 | -0.006 | +0.619 |
| East Coast (PADD 1) | 3.223 | 3.222 | 3.219 | -0.003 | +0.595 |
| New England (PADD 1A) | 3.274 | 3.271 | 3.265 | -0.006 | +0.640 |
| Central Atlantic (PADD 1B) | 3.390 | 3.393 | 3.387 | -0.006 | +0.626 |
| Lower Atlantic (PADD 1C) | 3.096 | 3.093 | 3.091 | -0.002 | +0.564 |
| Midwest (PADD 2) | 3.156 | 3.151 | 3.139 | -0.012 | +0.569 |
| Gulf Coast (PADD 3) | 2.997 | 2.995 | 2.990 | -0.005 | +0.580 |
| Rocky Mountain (PADD 4) | 3.361 | 3.361 | 3.358 | -0.003 | +0.658 |
| West Coast (PADD 5) | 3.720 | 3.717 | 3.714 | -0.003 | +0.837 |
| West Coast less California | 3.437 | 3.432 | 3.425 | -0.007 | +0.637 |
| California | 3.945 | 3.943 | 3.942 | -0.001 | +0.993 |
Trucking News – US Freight Rates
August 6, 2018 – Courtesy of DAT Trendlines
Van Rates – Source Dat.com
Reefer Rates – Source Dat.com
Flatbed Rates – Source Dat.com
Freight Trends and News:
August 2018 Freight Trends – Rates Drop & Volumes Increase
August 6, 2018 – DAT.com reports that truckload rates decline with the season. However, freight volumes and prices increased in several markets.
August 2018 Freight Trends |
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| 7/29-8/4 vs 7/22-7/28 | July 2018 vs June 2018 | July 2018 vs July 2018 | |
| Spot Market Loads | -0.7% | -29% | +45% |
| Spot Market Capacity | -1.3% | +12% | +20% |
| Van Load-To-Truck | +3.7% | -26% | +41% |
| Van Rates (Spot) | -2.6% | -0.9% | +29% |
| Flatbed Load-To-Truck | -7.9% | -48% | +21% |
| Flatbed Rates (Spot) | -1.1% | -1.8% | +28% |
| Reefer Load-To-Truck | +6.9% | -33% | -0.3% |
| Reefer Rates (Spot) | -3.1% | -3.3% | +26% |
| Fuel Prices | +0.2% | -0.6% | +29% |
For more information on DAT products & service visit DAT.com
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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, contact us or call (800) 707-4845.