Weekly NTI Update: August 28, 2023
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Load board fraud is gaining attention after The Wall Street Journal reported Truckstop, a leading load board provider, found reports of fraud increased 400% from Q4 2021 to Q4 2022, the highest level since 2004, when it began tracking the data. This article prompted Craig Fuller, CEO and founder of FreightWaves, to write an article on Tuesday arguing for massive load board providers to take greater responsibility for instances of fraud that take place on their platforms.
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Weekly NTI Update
Fuel costs are a huge cost component of operating a trucking business. Small operators are at a significant disadvantage in the current market thanks not only to declining demand but fuel price volatility.
Strong demand for diesel leads to high prices and tight inventories going into winter
Dry van volume dropped significantly this month leading into the holidays, but reefer demand remains strong. Diesel price per gallon grows slowly, but the spread between wholesale and retail prices rises.
Volumes out of Seattle are trending up this week after reaching a two-year low, and diesel prices are up more than 30 cents since the start of the month.
Outbound tender rejection rates, a measure of the percentage of truckload shipments tendered to carriers by shippers, have reached a record at 5.05%. For trucking, this will be a cause of mostly stress instead of celebration.
The Lakeland and Jacksonville markets are both recovering from Ian, but tender rejections remain relatively high. Retail diesel prices are swinging back up, collapsing the spread between retail and wholesale.
Atlanta is seeing consistent levels of outbound volume, retaining the majority market share with 4.1%. Diesel prices are decreasing at a faster rate than they increased over the summer.
Rejection rates in El Paso swung upward in response to an increase in outbound volume, and the Department of Energy clocks diesel prices below $5 per gallon for the first time since April.
If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
ATRI: Costliest year ever in trucking On Wednesday, the American Transportation Research Institute (ATRI) released its annual report on the operational costs of trucking. The report, which has been published […]
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Atlanta heats up with rejection rates of 10.9%, and large enterprise carriers are still making a profit from diesel prices.
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
FreightWaves SONAR data can be indispensable, particularly in this environment.
Your weekly fuel report has arrived!
The benchmark DOE/EIA diesel price, used for fuel surcharges, has reached an all-time record with the latest weekly increase.
AtoB offers fuel discounts at over 99% of fuel trucks and gas stations, with no limit on the number of discounted gallons drivers can purchase, and no hidden fees.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Skyrocketing diesel prices could affect US-Mexico import rates; South Texas College partners with a carrier to offer CDL training; Logistics Plus opens a 542,000-square-foot warehouse in Arizona; and exports of Mexican tequila soar 32% during the first four months of 2022.
FreightWaves founder and CEO Craig Fuller analyzes the continuing decrease in truckload rates for dry van loads.
The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
There is no easy fix to rising fuel prices without stripping government of much-needed infrastructure money.
Your weekly fuel report has arrived!
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
Diesel has been climbing at a rate far greater than that of gasoline or crude, and a well-known economist offers reasons why that is likely to continue.
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
During FreightWaves’ Enterprise Fleet Summit, experts discussed how fleets can adapt to rapidly changing fuel prices.
Your weekly fuel report has arrived!
FreightWaves Founder and CEO Craig Fuller analyzes the current costs of trucking.
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Craig Fuller analyzes the state of the U.S. truckload market.
Your weekly fuel report has arrived!
Higher diesel prices also mean higher costs for empty miles.
Your weekly fuel report has arrived!
The wild fluctuations in crude oil prices have created a strong disconnect between wholesale and retail diesel prices. What are the impacts on transportation costs and subsequently carrier bottom lines?
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
There are no reports of petroleum export disruptions out of Russian ports.
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Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
EIA expects gasoline and diesel prices to fall in 2022
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Continuous moves might be way underutilized; oil prices aren’t helping on the spot rate market; and the Santa 18 Act could do a lot for youths interested in trucking.
Your weekly fuel report has arrived!
The cost of diesel fuel, a main component in the cost of trucking, is climbing rapidly. This is a hidden factor that is helping keep spot rates elevated.
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!
Your weekly fuel report has arrived!