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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 January 19, 2022.

 

Change from
01/03/22 01/10/22 01/17/22 Week Ago Year Ago
US 3.613 3.657 3.725 +0.068 +1.029
East Coast (PADD 1) 3.604 3.645 3.719 +0.074 +0.972
New England (PADD 1A) 3.622 3.627 3.698 +0.071 +0.934
Central Atlantic (PADD 1B) 3.781 3.808 3.877 +0.069 +0.953
Lower Atlantic (PADD 1C) 3.490 3.547 3.624 +0.077 +0.997
Midwest (PADD 2) 3.477 3.522 3.603 +0.081 +0.971
Gulf Coast (PADD 3) 3.328 3.384 3.463 +0.079 +1.002
Rocky Mountain (PADD 4) 3.687 3.666 3.678 +0.012 +1.075
West Coast (PADD 5) 4.369 4.417 4.451 +0.034 +1.296
West Coast less California 3.927 4.002 4.067 +0.065 +1.263
California 4.758 4.782 4.789 +0.007 +1.341

Trucking News – US Freight Rates

Jan 19, 2022 – Courtesy of DAT Trendlines 

January 2022 Freight Rates

Jan 10 – Jan 16 vs Jan 03 – Jan 09 Dec 2021 vs Nov 2021 Dec 2021 vs Nov 2020
Spot Market Loads +1.1%
+13.7% +48.4%
Spot Market Capacity +20.8% -10.5% +6.9%
Van Load-To-Truck -18.9% +25.9% +35.2%
Van Rates (Spot) +2.9% +2.5% +21.8%
Flatbed Load-To-Truck -1.4% +36.3% +27.3%
Flatbed Rates (Spot) +1.3% +0.8% +24.1%
Reefer Load-To-Truck -33.7% +17.6% +64.6%
Reefer Rates (Spot) +2.0% +0.9% +29.9%
Fuel Prices +1.2% -2.3% +40.9%

 

For more information on DAT products & services 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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