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.
- J.B. Hunt Expands Transloading Services With Two More Locations
- Waymo, C.H. Robinson Driverless Trucks Haul Beer to Houston From Dallas
- VTNA Explores Ins, Outs of EV Truck Ownership
- This year's Small Fleet Champs: Four finalists headed to Nashville for the final round
- Meritor axle issue prompts Navistar, Daimler recalls
- Brett Wilkerson's 2012 Peterbilt 389
Trucking News – US Diesel Fuel Prices
As of September 20, 2022 – Courtesy of US Energy Information Agency
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| Change from | |||||
| 09/12/22 | 09/19/22 | 09/26/22 | Week Ago | Year Ago | |
| US | 5.033 | 4.964 | 4.889 | -0.075 | +1.483 |
| East Coast (PADD 1) | 4.949 | 4.889 | 4.836 | -0.053 | +1.465 |
| New England (PADD 1A) | 5.087 | 5.011 | 4.967 | -0.044 | +1.668 |
| Central Atlantic (PADD 1B) | 5.134 | 5.093 | 5.024 | -0.069 | +1.510 |
| Lower Atlantic (PADD 1C) | 4.865 | 4.800 | 4.752 | -0.048 | +1.464 |
| Midwest (PADD 2) | 5.085 | 4.995 | 4.881 | -0.114 | +1.555 |
| Gulf Coast (PADD 3) | 4.760 | 4.690 | 4.623 | -0.067 | +1.481 |
| Rocky Mountain (PADD 4) | 4.961 | 4.932 | 4.885 | -0.047 | +1.280 |
| West Coast (PADD 5) | 5.658 | 5.612 | 5.567 | -0.045 | +1.535 |
| West Coast less California | 5.217 | 5.144 | 5.094 | -0.050 | +1.430 |
| California | 6.164 | 6.149 | 66.110 | -0.039 | +1.771 |
Trucking News – US Freight Rates
September 20, 2022 – Courtesy of DAT Trendlines
August 2022 Freight Rates |
|||
| Sep 12 – Sep 18 vs. Sep 05 – Sep 11 | Aug 2022 vs July 2022 | Aug 2022 vs Aug 2021 | |
| Spot Market Loads | -2.5% | -4.7% | -43.8% |
| Spot Market Capacity | -0.1% | +15.0% | +20.4% |
| Van Load-To-Truck | +0.4% | -7.9% | -45.2% |
| Van Rates (Spot) | +0.1% | -4.2% | -8.2% |
| Flatbed Load-To-Truck | -5.2% | -35.2% | -68.0% |
| Flatbed Rates (Spot) | -0.8% | -7.4% | -0.4% |
| Reefer Load-To-Truck | -3.2% | -2.2% | -52.5% |
| Reefer Rates (Spot) | -1.0% | -3.4% | -7.9% |
| Fuel Prices | -1.4% | -8.6% | +49.6% |
For more information on DAT products & services 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.
