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Trucking Industry News & Information
Read the Latest on What's Happening in Trucking Across the US

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.

Trucking News – US Diesel Fuel Prices

Courtesy of US Energy Information Agency

Average diesel fuel prices in the US as of May 10. 2021

 

 

Change from
04/26/21 05/03/21 05/10/21 Week Ago Year Ago
US 3.124 3.142 3.186 +0.044 +0.792
East Coast (PADD 1) 3.093 3.113 3.160 +0.047 +0.662
New England (PADD 1A) 3.080 3.084 3.115 +0.031 +0.485
Central Atlantic (PADD 1B) 3.268 3.285 3.336 +0.051 +0.656
Lower Atlantic (PADD 1C) 2.980 3.004 3.051 +0.047 +0.703
Midwest (PADD 2) 3.058 3.085 3.130 +0.045 +0.890
Gulf Coast (PADD 3) 2.917 2.924 2.968 +0.044 +0.790
Rocky Mountain (PADD 4) 3.228 3.250 3.307 +0.057 +0.961
West Coast (PADD 5) 3.651 3.664 3.692 +0.028 +0.792
West Coast less California 3.250 3.282 3.313 +0.031 +0.756
California 3.986 3.983 4.008 +0.025 +0.826

Trucking News – US Freight Rates

May 10, 2021 – Courtesy of DAT Trendlines 

May 2021 Freight Rates

May 03 – May 09 vs Apr 26 – May 02 Apr 2021 vs Mar 2021 Apr 2021 vs Apr 2020
Spot Market Loads +15.4%
-4.3% +577.3%
Spot Market Capacity -14.7% -0.9% -17.0%
Van Load-To-Truck +56.5% -17.2% +386.1%
Van Rates (Spot) +5.4% -2.4% +58.2%
Flatbed Load-To-Truck +13.4% +14.4% +1690.3%
Flatbed Rates (Spot) +2.9% +6.4% +52.0%
Reefer Load-To-Truck +77.3% -18.8% +475.4%
Reefer Rates (Spot) +6.2% -0.5% +51.8%
Fuel Prices +0.6% -0.7% +25.6%

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 of 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 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.