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.
- Texas State Police to Begin Border Checks After Migrant Tragedy
- Former Roadrunner CFO Ordered to Pay $1.1 Million in Restitution
- Biden Administration Holding Its First Onshore Oil Sales
- Police: Suspected driver in Texas human smuggling operation 'very high on meth'
- Gary Mackay's 1998 Peterbilt 379
- Growth of used truck values rival stock market from mid-2020 to mid-2022
Trucking News – US Diesel Fuel Prices
As of June 14, 2022 – Courtesy of US Energy Information Agency
.
| 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.
