Diesel is up everywhere -- where you fill it swings the bill $250 a tank
Fuel climbed in every region while dry van and LTL rates eased, but reefer held and the regional spread is wide enough to route around.
Fuel rose across every diesel region this week and carrier revenue indices softened, but neither moved evenly, and the gaps are where a carrier still has room to work.
**The cheapest tank runs $1.69 a gallon under the dearest.** EIA's latest survey put national average diesel at $5.652 a gallon, up 3.6% on the week and 52.4% on the year. That average hides a wide spread: the Lower Atlantic sits at $5.350 while California is at $7.040 -- about $253 apart on a single 150-gallon fill. Watch the Gulf Coast for lane math: at $5.481 it is still on the cheaper end, but it climbed fastest of any region this week, up 4.7%, and it is up 64.7% on the year. Every region is on our fuel page.
**Reefer is holding while the box market slips.** Refrigerated freight paid $4.21 a mile nationally, up 1.8% on the week and 14.7% on the year. Over the same stretch the producer-price index for dry van truckload fell 1.3% and LTL dropped 4.6% -- the steepest weekly move of any segment we track. If you have the reefer trailer, this is the month to keep it loaded.
**Capacity keeps shrinking, yet prices firm.** FreightWaves reports the August Logistics Managers' Index shows transportation capacity still deep in contraction even as transportation prices rise -- a disconnect that usually favors whoever still has trucks to run. https://www.freightwaves.com/news/august-lmi-capacity-at-40-yet-prices-soar-why-this-disconnect
**Washington is talking pump prices, not diesel.** Transport Topics reports the White House pressed refiners to ease gasoline prices, with talk of regulatory and permitting changes; nothing in it targets diesel directly, so do not budget on relief at the pump. https://www.ttnews.com/articles/trump-pressures-refiners-ease-gasoline-prices
**The DEF rule is now in EPA's hands.** The public comment window on EPA's proposed diesel-exhaust-fluid changes has closed, FreightWaves reports, leaving carriers waiting on a decision that could reshape how trucks derate on the road. https://www.freightwaves.com/news/comments-close-on-epas-def-rule-which-way-will-it-go
Elsewhere
- August LMI: Capacity at 40, Yet Prices Soar. Why This Disconnect? FreightWaves
- Trump pressures refiners to ease gasoline prices Transport Topics
- Comments close on EPA's DEF rule; which way will it go? FreightWaves
Data behind this story
- Weekly Retail On-Highway Diesel Prices U.S. Energy Information Administration · Public domain (U.S. Government work)
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