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.
- Joseph Stelzer presents ‘Benicia Bridge Ca’2 hours ago
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- Five groups file for hours exemptions for emergency response situations2 hours ago
- China Inks Deals With Shell, Majors as Xi Signals Open Trade2 hours ago
Trucking News – US Diesel Fuel Prices
Courtesy of US Energy Information Agency
| Change from | |||||
| 12/03/18 | 12/10/18 | 12/17/18 | Week Ago | Year Ago | |
| US | 3.207 | 3.161 | 3.121 | -0.040 | +0.220 |
| East Coast (PADD 1) | 3.229 | 3.194 | 3.165 | -0.029 | +0.268 |
| New England (PADD 1A) | 3.310 | 3.295 | 3.276 | -0.019 | +0.352 |
| Central Atlantic (PADD 1B) | 3.394 | 3.368 | 3.342 | -0.026 | +0.282 |
| Lower Atlantic (PADD 1C) | 3.098 | 3.053 | 3.021 | -0.032 | +0.243 |
| Midwest (PADD 2) | 3.117 | 3.066 | 3.018 | -0.048 | +0.165 |
| Gulf Coast (PADD 3) | 3.989 | 2.934 | 2.900 | -0.034 | +0.203 |
| Rocky Mountain (PADD 4) | 3.291 | 3.239 | 3.178 | -0.061 | +0.220 |
| West Coast (PADD 5) | 3.694 | 3.652 | 3.604 | -0.048 | +0.277 |
| West Coast less California | 3.406 | 3.357 | 3.313 | -0.044 | +0.269 |
| California | 3.922 | 3.887 | 3.835 | -0.052 | +0.283 |
Trucking News – US Freight Rates
December 11, 2018 – Courtesy of DAT Trendlines
Van Rates – Source Dat.com
Reefer Rates – Source Dat.com
Flatbed Rates – Source Dat.com
Freight Trends and News:
December 2018 Freight Trends
December 11, 2018 – DAT.com is reporting the initial trends for early December dry van rates are $.06 higher than the November average. That news is tempered by reports of rates falling in many high traffic lanes, due to a combination of lower retail demand. DAT reports reefer rates are lowering, with higher truck capacity. Average Flatbed rates have increased for the first time in five months.
December 2018 Freight Rates |
|||
| Dec 2-8 vs Nov 25-Dec 1 | Nov 2018 vs. Oct 2018 | Nov 2018 vs Nov 2017 | |
| Spot Market Loads | -10.0% | -1.8% | -8.3% |
| Spot Market Capacity | +12.0% | -10.0% | +30.0% |
| Van Load-To-Truck | -23.0% | +14.0% | -19.0% |
| Van Rates (Spot) | +2.9% | +0.0% | +0.5% |
| Flatbed Load-To-Truck | -17.0% | +1.6% | -36.0% |
| Flatbed Rates (Spot) | +1.3% | -2.8% | +3.4% |
| Reefer Load-To-Truck | -23.0% | +14.0% | -40.0% |
| Reefer Rates (Spot) | -0.8% | +2.5% | +2.1% |
| Fuel Prices | -1.7% | -2.0% | +13.0% |
For more information on DAT products & service visit DAT.com
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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.
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