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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

As of June 14, 2022 – Courtesy of US Energy Information Agency

Average diesel fuel prices in the US as of June 14, 2022.

 

Change from
05/30/22  06/06/22 06/13/22 Week Ago Year Ago
US 5.539 5.703 5.718 +0.164 +2.432
East Coast (PADD 1) 5.848 5.922 5.852 +0.074 +2.577
New England (PADD 1A) 6.226 6.195 6.122 -0.031 +2.919
Central Atlantic (PADD 1B) 6.225 6.196 6.084 -0.029 +2.649
Lower Atlantic (PADD 1C) 5.552 5.707 5.736 +0.155 +2.555
Midwest (PADD 2) 5.247 5.468 5.631 +0.221 +2.398
Gulf Coast (PADD 3) 5.180 5.309 5.370 +0.129 +2.330
Rocky Mountain (PADD 4) 5.494 5.591 5.692 +0.097 +2.310
West Coast (PADD 5) 6.134 6.441 6.423 +0.307 +2.621
West Coast less California 5.670 5.999 6.022 +0.329 +2.557
California 6.542 6.831 6.887 +0.289 +2.803

Trucking News – US Freight Rates

June 28, 2022 – Courtesy of DAT Trendlines 

June 2022 Freight Rates

June 20 – June 26 vs June 13 – Jun 19 May 2022 vs April 2022 May 2022 vs May 2021
Spot Market Loads -1.7%
+14.0% -12.7%
Spot Market Capacity -1.9% -2.3% +17.7%
Van Load-To-Truck +6.0% +28.2% -28.3%
Van Rates (Spot) +0.1% -3.1% +1.2%
Flatbed Load-To-Truck -8.6% -1.9% -34.8%
Flatbed Rates (Spot) +0.0% +1.0% +11.1%
Reefer Load-To-Truck +19.9% +19.8% -41.9%
Reefer Rates (Spot) +1.3% -2.3% -0.5%
Fuel Prices +0.0% +0.0% +73.2%

 

For more information on DAT products & services visit DAT.com

 

Trucking and Freight Factoring With TCI Business Capital

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.

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