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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

Change from
April 2, 2018April 9, 2018April 16, 2018Week agoYear ago
US3.0423.0433.104+0.061+0.507
East Coast (PADD 1)3.0663.0663.116+0.050+0.485
New England (PADD 1A)3.1173.1163.149+0.033+0.511
Central Atlantic (PADD 1B)3.2333.2323.275+0.043+0.492
Lower Atlantic (PADD 1C)2.9382.9392.998+0.059+0.476
Midwest (PADD 2)2.9622.9573.016+0.059+0.480
Gulf Coast (PADD 3)2.8512.8442.910+0.066+0.452
Rocky Mountain (PADD 4)3.0443.0863.137+0.051+0.485
West Coast (PADD 5)3.4873.5003.583+0.083+0.706
West Coast less California3.2023.2263.326+0.100+0.535
California3.7143.7173.787+0.070+0.841

Trucking News – US Freight Rates

April 3, 2018 – Courtesy of DAT Trendlines 

van freight rates

 

reefer freight rates

 

flatbed freight rates

 

 

 

Trucking News:

April 2018 Freight Trends – Rates Stabilize As Truck Capacity Increases

April 17, 2018 –  For the week of April 8, 2018, DAT.com is reporting overall freight rates stabilized as more truck capacity came into the market. Even with a few drops, rates for all three equipment types are still higher than the March average.

April 2018 Freight Trends

April 8-14 Vs. April 1-7 March 2018 vs. Feb 2018 March 2018 vs. March 2018
Spot Market Loads -0.8% +27% +92%
Spot Market Capacity +11% +14% -7.0%
Van Load-To-Truck -11% -1.5% +116%
Van Rates (Spot) -1.3% +1.4% +32%
Flatbed Load-To-Truck -6.9% +37% +148%
Flatbed Rates (Spot) +0.0% +6.8% +25%
Reefer Load-To-Truck -15% +7.0% +68%
Reefer Rates (Spot) -1.6% -0.4% +28%
Fuel Prices +0.0% -1.9% +17%

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 a 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 the 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, contact us or call (800) 707-4845.