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.
- Erich Jaeger USA Launches New Product Line
- Wabco Reports 2Q Declines in Net Income, Revenue
- West Michigan International and Idealease of West Michigan Add Service Facility
- More flexible sleeper splits: Didn’t take long for this newbie team to see potential value
- Caterpillar dealers form all-makes truck service network
- POLL: Should truck stops impose time limits on shower use?
Trucking News – US Diesel Fuel Prices
Courtesy of US Energy Information Agency
| Change from | |||||
| 07/01/19 | 07/08/19 | 07/15/19 | Week Ago | Year Ago | |
| US | 3.042 | 3.055 | 3.051 | -0.004 | -0.188 |
| East Coast (PADD 1) | 3.080 | 3.081 | 3.080 | -0.001 | -0.156 |
| New England (PADD 1A) | 3.135 | 3.134 | 3.131 | -0.003 | -0.152 |
| Central Atlantic (PADD 1B) | 3.270 | 3.275 | 3.272 | -0.003 | -0.133 |
| Lower Atlantic (PADD 1C) | 2.941 | 2.940 | 2.941 | +0.001 | -0.167 |
| Midwest (PADD 2) | 2.924 | 2.968 | 2.956 | -0.012 | -0.215 |
| Gulf Coast (PADD 3) | 2.803 | 2.804 | 2.805 | +0.001 | -0.199 |
| Rocky Mountain (PADD 4) | 2.998 | 2.980 | 2.975 | -0.005 | -0.395 |
| West Coast (PADD 5) | 3.628 | 3.624 | 3.624 | 0.000 | -0.117 |
| West Coast less California | 3.205 | 3.208 | 3.209 | +0.001 | -0.247 |
| California | 3.963 | 3.953 | 3.952 | -0.001 | -0.016 |
Trucking News – US Freight Rates
June 26, 2019 – Courtesy of DAT Trendlines
Van Rates – Source Dat.com
Reefer Rates – Source Dat.com
Flatbed Rates – Source Dat.com
Freight Trends and News:
May 2019 Freight Trends
June 25, 2019 – According to the most recent DAT.com trendlines report, national van rate averages are at $1.90 per mile, 11 cents higher than the May average. In June 2018, van rates averaged $2.32. The Midwest is the leader with van rates averaging $2.03 per mile. The lowest average rates are in the Northeast at $1.58 per mile. Load-to-truck ratios remain highest in the southern states and lowest throughout the Northern parts of the country.
Reefer freight rates are also up slightly in June, with a current national average of $2.25 per mile. This is a $.10 jump from the May average. However, the average is down significantly from the June 2018 rate of $2.71. Reefer rates are highest in the West, averaging $2.35 per mile, and lowest in the Northeast, with an average of $1.76 per mile. Current load-to-truck capacity shows higher demand across the Southern states and low demand in most Northern states.
National average flatbed rates are at $2.30 per mile, a tick up compared to the May average of $2.28. Flatbed rates averaged $2.82 one year ago. The highest average rates are in the Midwest at $2.47 per mile, and the lowest is on the west coast, averaging $2.04 per mile. The strongest load-to-truck ratios continue to be in the Southeast and Northwest states, the weakest ratios are in the great lakes region.
June 2019 Freight Rates |
|||
| June 17-26 vs June 10-16 | May 2019 vs April 2019 | May 2019 vs May 2018 | |
| Spot Market Loads | -2.0% |
-10.6% | -62.6% |
| Spot Market Capacity | +3.5% | +2.5% | +32.7% |
| Van Load-To-Truck | -11.8% | +22.1% | -54.4% |
| Van Rates (Spot) | +1.3% | -0.7% | -16.9% |
| Flatbed Load-To-Truck | +1.8% | -42.9% | -85.6% |
| Flatbed Rates (Spot) | -0.2% | -2.2% | -16.1% |
| Reefer Load-To-Truck | -3.4% | +10.1% | -60.2% |
| Reefer Rates (Spot) | +1.2% | +0.1% | -15.3% |
| Fuel Prices | -1.1% | -2.3% | -5.0% |
For more information on DAT products & service visit DAT.com
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