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.
- Forward Air to Offer LTL Service in Vancouver
- Magna Acquires Driver-Assist Supplier Veoneer
- U.S. Xpress Reports $475 Million Revenue for Q2
- Bill to repeal excise tax on trucks draws praise from trucking groups
- Jeffery Kuchel's 2006 Western Star 4900EX Lowmax
- Truck parking info delivery study points to key limitations – accuracy, accessibility in-cab
Trucking News – US Diesel Fuel Prices
Courtesy of US Energy Information Agency
| 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
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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.
