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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 July 19. 2021

 

 

Change from
07/05/21 07/12/21 07/19/21 Week Ago Year Ago
US 3.331 3.338 3.334 +0.006 +0.911
East Coast (PADD 1) 3.306 3.312 3.312   0.000 +0.792
New England (PADD 1A) 3.242 3.245 3.251 +0.006 +0.625
Central Atlantic (PADD 1B) 3.475 3.477 3.478 +0.001 +0.779
Lower Atlantic (PADD 1C) 3.204 3.213 3.211 -0.002 +0834
Midwest (PADD 2) 3.264 3.261 3.264 +0.003 +0.955
Gulf Coast (PADD 3) 3.076 3.083 3.083  0.000 +0.885
Rocky Mountain (PADD 4) 3.516 3.594 3.634 +0.040 +1.291
West Coast (PADD 5) 3.896 3.905 3.929 +0.024 +0.975
West Coast less California 3.550 3.568 3.598 +0.030 +1.001
California 4.185 4.187 4.205 +0.018 +0.957

Trucking News – US Freight Rates

July 14, 2021 – Courtesy of DAT Trendlines 

July 2021 Freight Rates

Jul 05 – Jul 11 vs Jun 28 – Jul 04 Jun 2021 vs May 2021 Jun 2021 vs Jun 2020
Spot Market Loads -16.9%
-6.0% +101.5%
Spot Market Capacity -6.4% +13.2% +0.3%
Van Load-To-Truck -8.9% -9.2% +57.8%
Van Rates (Spot) +2.0% -0.2% +47.1%
Flatbed Load-To-Truck -11.4% -31.2% +169.3%
Flatbed Rates (Spot) -0.1% +1.5% +52.1%
Reefer Load-To-Truck -13.8% -10.6% +111.7%
Reefer Rates (Spot) -0.1% -0.1% +43.4%
Fuel Prices +0.9% +2.2% +36.5%

 

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.

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