Chart of the Week: Diesel Truck Stop Actual Price Per Gallon, National Truckload Index – USA SONAR: DTS.USA, NTI.USA
Retail diesel fuel costs (DTS) are up 33% versus April 2019, while the National Truckload Index (NTI) that measures all-in spot rates are only up 16% over the same time. The implication is that carriers are in a far worse position on the spot market than they were in 2019 as they are unable to fully pass along operating costs.
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Chart of the Week: Truckstop.com Average Van/Reefer/Flatbed Rate per Mile – USA SONAR: TSTOPVRPM.USA, TSTOPRRPM.USA, TSTOPFRPM.USA
Truckload spot rates have been slowly declining since Labor Day for the three main equipment types of dry van, refrigerated (reefer) and flatbed loads. The declines have been nominal, with the all-inclusive rates falling the most (4%) for refrigerated loads and just over 1% for van and flatbed freight. As discussed in last week’s chart of the week, a rapid rise in fue...
https://www.freightwaves.com/news/truckload-spot-market-eerily-calm-prior-to-traditional-peak-season