Spread between retail and rack diesel price could compress carrier margins in January

Spread between retail and rack diesel price could compress carrier margins in January

The DOE fuel price keeps sliding as wholesale or rack prices are increasing. This can have a negative impact to carrier margins in early 2019 after receiving the benefit of expanding fuel spreads in late 2018. SONAR’s newest index can help you monitor this.

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Intermodal volumes post record 2018 on heels of tariff concerns

Intermodal volumes post record 2018 on heels of tariff concerns

Record intermodal shipments on the rail for the second year in a row has deep implication for the trucking market into 2019. Trucking will benefit, at least partially, from Norfolk Southern’s latest decision.

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Spread between diesel wholesale and retail price jumps 41% in 2 months

Spread between diesel wholesale and retail price jumps 41% in 2 months

The big oil news of the week was OPEC deciding to cut production in an attempt to stop the price of oil from dropping further. Carriers should be happy with this in the long run but gained a short term boost to margins in the meantime.

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Oil price drops rapidly, but this is not a good thing for truckers

Oil price drops rapidly, but this is not a good thing for truckers

The benchmark price of domestic crude oil has dropped by 25% since early October. Historically, that would be a great thing for truckers, but with carriers operating more efficient trucks and oil production tied into the freight economy more than ever, it could be a warning sign for the broader freight market.

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