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.
- Lawmakers Back $8 Billion for Electric USPS Vehicles
- Polly Trottenberg Touts Biden’s Climate Change Agenda
- Transport Topics Radio
- Wynonna Judd, St. Christopher changing the temperature around trucking this weekend with 'Highway to Hope'
- ‘Prayerbilt’ owner featured on ‘Music to Truck By’ Friday
- Large bulk liquid carrier sold to rail giant; IRS gives truckers a break on dyed fuel
Trucking News – US Diesel Fuel Prices
Courtesy of US Energy Information Agency
| 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
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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.
