Trucking Industry News & Information
Read the Latest on What's Happening in Trucking Across the US
US Trucking News & Information
Scale Funding 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.
- Get More Bang for Your Buck
- AI Revolutionizes 3PL: Saves Time, Gains Margin
- Labor Deal Signing Bonuses Dampen Record Allison Sales
- Iowa Customs unveils new Peterbilt 589 product line
- New Jersey-based driver shut down after crash, multiple DUIs
- Carrier failures have "declined mostly steadily, but they are still higher than seen before the pandemic"
Trucking News – US Diesel Fuel Prices
As of April 15, 2024 – Courtesy of US Energy Information Agency
| Change from | |||||
| 04/01/24 | 04/08/24 | 04/15/24 | Week Ago | Year Ago | |
| US | 3.996 | 4.061 | 4.015 | -0.046 | -0.101 |
| East Coast (PADD 1) | 4.083 | 4.118 | 4.068 | -0.050 | -0.130 |
| New England (PADD 1A) | 4.305 | 4.305 | 4.311 | +0.006 | -0.229 |
| Central Atlantic (PADD 1B) | 4.271 | 4.272 | 4.241 | -0.031 | -0.245 |
| Lower Atlantic (PADD 1C) | 3.990 | 4.042 | 3.979 | -0.063 | -0.077 |
| Midwest (PADD 2) | 3.949 | 4.011 | 3.965 | -0.046 | -0.062 |
| Gulf Coast (PADD 3) | 3.670 | 3.760 | 3.710 | -0.050 | -0.166 |
| Rocky Mountain (PADD 4) | 3.949 | 4.008 | 3.956 | -0.052 | -0.148 |
| West Coast (PADD 5) | 4.651 | 4.723 | 4.702 | -0.021 | +0.010 |
| West Coast less California | 4.147 | 4.257 | 4.218 | -0.039 | -0.238 |
| California | 5.221 | 5.259 | 5.256 | -0.003 | +0.293 |
Trucking News – US Freight Rates
April 15, 2024 – Courtesy of DAT Trendlines
March 2024 Freight Rates |
|||
| Apr 08 – Apr 14 vs. Apr 01 – Apr 07 | Mar 2024 vs. Feb 2024 | Mar 2024 vs. Mar 2023 | |
| Spot Market Loads | +2.6% | +12.3% | -14.6% |
| Spot Market Capacity | -4.7% | -6.1% | -22.7% |
| Van Load-To-Truck | +15.5% | +12.1% | +17.1% |
| Van Rates (Spot) | -0.4% | -2.6% | -7.5% |
| Flatbed Load-To-Truck | -6.7% | +35.4% | -2.9% |
| Flatbed Rates (Spot) | +0.2% | +0.6% | -8.2% |
| Reefer Load-To-Truck | +15.4% | +8.7% | +16.0% |
| Reefer Rates (Spot) | -1.4% | -2.6% | -5.9% |
| Fuel Prices | +1.6% | -0.6% | -4.7% |
For more information on DAT products & services, visit DAT.com
Trucking and Freight Factoring With Scale Funding
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 for fuel, payroll, maintenance, and more.
Scale Funding has been a trucking and freight factoring leader since 1994. From the knowledge and experience built up from years of serving clients in the trucking industry, Scale Funding 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.
