Roundup

FMCSA tests pausing the 14-hour clock as tender rejections hint at a bottom

Diesel is still near $5.45 and July's freight indices all read red, but the week's regulatory and market signals gave drivers something other than a price to watch.


Federal regulators handed drivers something to watch this week that isn't a fuel price. The FMCSA is advancing a pilot that could let drivers pause the 14-hour on-duty clock for up to three hours, a change owner-operators have long asked for so they can stop when tired without burning the day. FreightWaves reports it is a pilot, not a rule, so nothing changes in the cab yet, but it is the first real movement on the clock in years.

The market read firmed up too. FreightWaves puts tender rejections near 13.5% and frames that as a possible short-term bottom ahead of Labor Day. That squares with the freight data the site tracks. July's producer price indices were down across the board, but the falls were shallow outside less-than-truckload. Dry van truckload slipped 1.3% to 195.6 and specialized freight -- the nearest public proxy for flatbed -- eased 1.2% to 168.2. LTL was the outlier, down 4.6% to 293.7, the steepest drop of any segment. All of these are indices, not dollars per mile: they blend contract and spot business and turn later than the spot market, so read them as direction, not as your next rate con.

Reefer remains the revenue line still standing. The national produce average held at $4.14 a mile in the week to 18 August, down 1% on the week but up 9.1% on the year -- the only freight figure on the board meaningfully higher than it was twelve months ago. It is produce-only and an unweighted mean across whatever lanes were busy that week, so the week-to-week wiggle matters less than the fact that it hasn't rolled over.

Costs stayed heavy. Diesel is still $5.454 a gallon nationally, and where you fill is worth real money: California pumps averaged $6.785 against $5.204 on the Lower Atlantic, a $1.58 spread on every gallon. That is a retail pump average including taxes, and fleets buying on contract at truck stops pay less, but the direction is clear and the cheap side of the map is the Southeast.

On the borders, the tariff picture cut both ways. Transport Topics reports Canada added 50% duties on U.S. copper wire, wood charcoal and glass containers, but cancelled planned tariffs on about C$1.1 billion of American fish -- a break for Maine and Alaska haulers -- while Washington temporarily cut tariffs on ground beef to ease prices. In Laredo, Land Line reports new bridge policies aimed at cutting the delays caused by commercial-vehicle U-turns.

Two more worth a driver's time: FreightWaves reports cargo theft is down in volume but the value of what's stolen has doubled as rings target higher-dollar loads; and The Trucker reports Missouri broke ground on a new truck-parking project along I-70.

So what do you do with it? Nothing forces your hand this week. Costs are high and steady, dry freight is soft but not falling off a cliff, and reefer is the trailer still paying its way. Fill in the Southeast when the route allows, and keep an eye on that 14-hour pilot -- it's the one change here that could actually reach your logbook.


Elsewhere
Data behind this story
Figure 1

On-highway diesel price, National average

Dollars per gallon Source: U.S. Energy Information Administration National average. A retail pump average including taxes, surveyed every Monday. Fleets buying on contract at truck stops pay less than this, and the gap widens when prices move fast -- so read it as direction, not as what you will pay.
Figure 2

Refrigerated produce truck rate, national average

Dollars per mile Source: USDA Agricultural Marketing Service Reefer rate per mile. Refrigerated produce only, and an unweighted mean across whichever lanes were active that week -- so the mix shifts with the growing season. Treat week-to-week moves in the lane table as more meaningful than in this average.
Figure 3

General freight trucking, long-distance truckload

Index, Dec 2003 = 100 Source: U.S. Bureau of Labor Statistics Dry van truckload. An index, not a rate. It tracks change from a base period rather than dollars per mile, and it blends contract and spot business, so it moves later and more gently than a spot rate would. NAICS 484121.
Figure 4

Specialized freight trucking, long-distance

Index, Dec 2003 = 100 Source: U.S. Bureau of Labor Statistics Flatbed and specialized. The nearest public proxy for flatbed, but it is broader than flatbed alone: NAICS 484230 covers every kind of specialised long-distance hauling except household goods. No free source isolates flatbed by itself.
Figure 5

General freight trucking, long-distance less-than-truckload

Index, Dec 2003 = 100 Source: U.S. Bureau of Labor Statistics LTL. LTL pricing is set very differently from truckload -- published tariffs, negotiated discounts and accessorials -- so this index is not comparable to the truckload one in level, only in direction. NAICS 484122.
Figure 6

On-highway diesel price, California

Dollars per gallon Source: U.S. Energy Information Administration California. A retail pump average including taxes, surveyed every Monday. Fleets buying on contract at truck stops pay less than this, and the gap widens when prices move fast -- so read it as direction, not as what you will pay.
Figure 7

On-highway diesel price, Lower Atlantic (PADD 1C)

Dollars per gallon Source: U.S. Energy Information Administration Lower Atlantic (PADD 1C). A retail pump average including taxes, surveyed every Monday. Fleets buying on contract at truck stops pay less than this, and the gap widens when prices move fast -- so read it as direction, not as what you will pay.