The abrupt closure of K-Ratio’s fuel hedging program in late June has left trucking companies scrambling as they await answers from the Chicago-based company as to what happened and when or if participating carriers will recoup money owed to them for June settlements and if they will be reimbursed for future fuel swap option contracts they paid cash to lock in fuel prices into 2022.
K-Ratio is asking carriers that participated in its fuel program to sign a universal settlement agreement,...
Hedging of exposure to the shifts in the price of fuel has been a rarely sighted activity in the trucking market for a variety of reasons: Fuel surcharges allow pass-throughs to customers, it ties up capital, and hedging losses can be painful blots on earnings reports for public or private companies.
But the volatility of the diesel market through the pandemic opened up an opportunity for K-Ratio, the Chicago-based risk management firm that offers a variety of services to the freight industry....
https://s29755.pcdn.co/news/pandemic-fueled-hedging-innovation-on-diesel-may-be-a-keeper
Freight Futures data to watch:Weekly spot contract settlement changes
Overall strength in the freight economy continued to drive the Trucking Freight Futures markets higher across the board last week, as the spot National contract (FUT.VNU202007) set another all-time weekly record by climbing $0.075, or 4.5%, to $1.727 per mile. The East regional contract (FUT.VEU202007) jumped $0.092, to $1.798, to finish the week higher by 5.4%, and the West regional contract (FUT.VWU202007) rose $0.055, or...
Freight Futures data to watch:Weekly spot contract settlement changes
The Trucking Freight Futures markets continued to plow higher across the board last week, reflecting the overall strength in the freight economy. The spot National contract (FUT.VNU202007) set another all-time weekly record by climbing $0.072, or 4.6%, to $1.652 per mile. The East regional contract (FUT.VEU202007) jumped $0.099, to $1.706, to finish the week higher by 6.2%, and the West regional contract (FUT.VWU202007) rose...
https://www.freightwaves.com/news/freight-futures-weekly-curve-7-27
Freight Futures data to watch:Weekly spot contract settlement changes
The Trucking Freight Futures markets continued their march higher last week, reflecting the overall boom in the freight economy. The spot National contract (FUT.VNU202007) rose $0.023, or 1.5%, to $1.580 per mile, setting another all-time weekly high for the spot National contract. The East regional contract (FUT.VEU202007) posted a solid $0.04 gain to finish the week higher by 2.6%, to $1.607, and the West regional contract...
https://www.freightwaves.com/news/freight-futures-weekly-curve-7-20
Freight Futures data to watch:Weekly spot contract settlement changes
The Trucking Freight Futures markets continue to reflect strength in the underlying freight market, particularly in the Los Angeles and Atlanta markets, with the spot National contract (FUT.VNU202007) rising $0.048, or 3.2%, to $1.534 per mile. The East regional contract (FUT.VEU202007) posted a solid $0.072 gain to finish the week higher by 4.9%, to $1.538, and the West regional contract (FUT.VWU202007) rose $0.031, or 1.9%,...
https://www.freightwaves.com/news/freight-futures-weekly-curve-7-6
Freight Futures data to watch:Weekly spot contract settlement changes
It was a strong week across the board for the Trucking Freight Futures markets with the spot National contract (FUT.VNU202006) rising $0.046, or 3.1%, to $1.526 per mile. The South regional contract (FUT.VSU202006) rose a solid $0.06, or 4.5% week-over-week, to $1.390. The East regional contract (FUT.VEU202006) posted a solid $0.059 gain to finish the week higher by 0.4%, to $1.521, and the West regional contract...
https://www.freightwaves.com/news/freight-futures-weekly-curve-6-29
Freight Futures data to watch:Weekly spot contract settlement changes
It was a mostly positive week for the Trucking Freight Futures markets as gains in the South and East helped push the spot National contract (FUT.VNU202006) higher by 0.4% to $1.480 per mile. The South regional contract (FUT.VSU202006) rose $0.019, or 1.45% week-over-week, to $1.330, with the East regional contract (FUT.VEU202006) finishing the week higher by 0.55% to $1.462. The West regional contract (FUT.VWU202006) slid...
https://s29755.pcdn.co/news/freight-futures-weekly-curve-6-22
Freight Futures data to watch:Weekly spot contract settlement changes
It was an overall strong week for the Trucking Freight Futures markets as 10 of the 11 spot month contracts posted gains for the week. The spot National contract (FUT.VNU202006) ended the week 0.55% higher to $1.474 per mile, driven by the East regional contract (FUT.VEU202006), which rose $0.02, or 1.4%, to $1.454. The South regional contract (FUT.VSU202006) rose 0.4% week-over-week to $1.311, as did the West regional...
https://s29755.pcdn.co/news/freight-futures-weekly-curve-6-15
Freight Futures data to watch:Weekly spot contract settlement changes
It was a mixed week for the Trucking Freight Futures markets as the spot National contract (FUT.VNU202006) ended the week 0.4% higher to $1.466 per mile, driven by the South regional contract (FUT.VSU202006), which rose $0.024, or 2.3%, to $1.306. The East regional contract (FUT.VEU202006) dropped 0.2% week-over-week to $1.434 as did the West regional contract (FUT.VWU202006), which slipped a fraction to $1.658.
On the...
https://s29755.pcdn.co/news/freight-futures-weekly-curve-6-8