Diesel Edges Higher
Higher diesel prices last week are not indicative of the long term drop expected by the US EIA.
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FleetPride Faces Financial Challenges
A drop in truck parts sales is hurting a highly-leveraged player in the parts business.
Startup Addresses Pedestrian Safety
California startup is identifying reckless driving behavior around intersections and reporting to law enforcement.
Diesel Continues Down
Diesel prices slipped to their lowest level in 12 months last week.
Diesel Drops Back
After jumping sharply two weeks ago, diesel prices retreated back down a similar amount the most recent week.
Diesel Prices Rise Again
Diesel prices rose 1.7% last week, gaining back a lot of the price decrease of the past month.
Freight Volume and Rates Up in April
While freight volume is still lagging, rates are on track for single digit increases this year. A lot is hinging on tariff decisions.
Diesel Slips Further
National diesel prices continued their downward trend last week. Rocky Mountain and California were the exceptions.
Optimal Dynamics Raises $40 Million
Fresh round of funding for AI-driven software firm positions it for further growth.
Trucking Stocks Continue to Lag
Trucking stocks have been oversold since the tariff "Liberation Day." Current pricing is disconnected from their true value, particularly for LTL carrier stocks.
Diesel Decline Appears Long-Term
Diesel is down for four weeks in a row and shows no sign of going back up. A recent report from U.S. EIA predicts $62 oil for the rest of the year, followed by a drop to $59 in 2026.
Truckload Fleets Cutting Expenses
A big drop in fuel prices helped mitigate cost increases in labor, insurance, and maintenance at truckload fleets.
Truckload Profitability Suffers
The one-way truckload fleets struggled the most in the first quarter with average operating margins slipping negative. Dedicated fleets took less of a beating.
Truckload Sector Managing Cash Tightly
Despite declining revenues and margins over the past few years, large truckload fleet balance sheets are holding up quite well. They have the borrowing capacity to expand when the time is right.