NATIONAL DIESEL PRICES A bright spot for ground shippers and carriers is the continued low cost of diesel. The DOE national average has been within 4 cents of $2.40 / gallon since April. (Data Source: EIA) OIL – WEST TEXAS… Read More
Transport-Centric Macroeconomic Metrics: October 9, 2020 Update
Industry experts believe that we will start to see a leveling out of the spot market, but they believe that rates will remain elevated. As we get into TL contracting season, one would anticipate the TL carriers asking for substantial rate increases to bring the SPOT/CONTRACT rate delta back into balance.
Transport-Centric Macroeconomic Metrics: August 31, 2020 Update
I am interested in getting other’s perspectives on why spot rates are so high, as my supposition is based on feeling and not data.
Transport-Centric Macroeconomic Metrics: July 27, 2020 update
The TL market continues to be surprisingly strong with no sign of slowing. From being completely dead in April, spot rates are now up over 30% from their lows this spring and are now averaging over $2.00. This is the… Read More
Transport-Centric Macroeconomic Metrics: May 29, 2020 update
Below are some factors that we are following that you may find of interest. National Diesel Prices US Diesel prices went up .004 cents for the week of May 29th. This is after they had fallen every week of… Read More
Transport-Centric Macroeconomic Metrics – May 25, 2020 update
by Mike Mulqueen Below are some factors that we are following that you may find of interest. National Diesel Prices In one of the few bright spots for trucking companies, US Diesel prices have fallen every week of 2020 and… Read More
Transport-Centric Macroeconomic Metrics – April 2020 update
We are beginning to see the impact of the global shutdown in some of the transport-centric macroeconomic metrics. Below are some factors that we are following that you may find of interest. National Diesel Prices Diesel has now fallen 14 consecutive… Read More
Is the Tesla Semi a Game Changer in Long Haul Trucking?
Tesla has announced that their long-awaited, electric-powered “Semi” will be made available to some customers as early as the second half of this year. The truck initially unveiled in prototype form back in November of 2017 has garnered a great… Read More