Brent Crude Swings $4 in Morning Trade, Settles at $105.38
June Brent crude bounced between $103 and $107 per barrel Friday morning on Iran ceasefire speculation before closing up 0.3%.
Markets & Rates
Spot and contract freight rates, fuel prices, capacity, lane trends, and freight demand.
Knight-Swift Targets 10%+ Rate Hikes as Capacity Exits Accelerate
Phoenix mega-carrier reports Q1 loss but tells investors mini-bids are multiplying and awarded contracts are being rejected because prices moved since January.
Flatbed Spot Rates Jump 8¢ While Dry Van and Reefer Slide
Flatbed linehaul climbed to $2.61/mile last week — the second straight 8-cent gain — while dry van and reefer rates dropped as load counts fell across all…
Diesel Drops 21 Cents, Then Crude Hits $100 — What Happens Next
National average fell to $5.40/gallon this week, but Brent crude spiked over $100/barrel as Iran ceasefire uncertainty keeps the Strait of Hormuz in play.