Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
There's been a substantial surge in the national average diesel price over the past weeks. The most recent increase of 22.2 cents brings the cost per gallon to $4.127. The key figures from this trend include:
The total price increase over the past two weeks is 32.1 cents.
This is the largest consecutive weekly increase since January 2022.
Despite the recent surge, the current price is still $1.011 less than it was at the same time last year.
These dramatic changes could potentially have broad implications for the transport industry.
It all starts with the price of energy, when diesel doubles in price you think that you can charge double for your service, but someone has to pay for that price hike, and I know with my company that I drive for they get 0.00 extra for there service. Can’t do that forever.
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Diesel prices see a significant decline due to weakening spot market differentials and reduced oil exports from Russia and Saudi Arabia. Amidst China's shrinking oil demand and economic challenges, the global oil market faces a period of uncertainty.
Keep up with the freight broker world in 5 minutes.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).