A look back at 2018 and how it will influence 2019

A look back at 2018 and how it will influence 2019

It’s that time of year; time to look forward and plan for the year. In order to have a better idea of where the economy and industry are headed, we always like to look back and review from where we came and what happened.

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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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