Wire
8:48 AM ET
Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
● Prime Sues IRS for $11M Reefer Fuel Tax Refund Owner-Operators Can Claim Too
● Carriers Report Improved Conditions as Freight Market Optimism Grows
● Major Carriers Still Betting on Diesel Through 2030s
● Dedicated Fleets Lock Rates as Spot Jumps 21% and Capacity Exits
● Spot Rates Up 50% Year-Over-Year as Mid-June Slump Hits Demand
● Brent Crude Down 2.8% to $78.34 as Iran Talks Continue
● TFS and WEX launch equipment financing for carriers after 3-year freeze
● Tender Rejections Hit 16.5% — Market Won't Balance Until Late 2027
● Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
● Cushing Oil Tanks Drain Near Empty as Diesel Feedstock Tightens
● Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail
● Brent Crude Falls to $78.36 — Down $1.19 as Iran War Premium Fades
● Oil Falls Back to $80 — Brent Down 3.2%, U.S. Crude at $78.72
Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
● Prime Sues IRS for $11M Reefer Fuel Tax Refund Owner-Operators Can Claim Too
● Carriers Report Improved Conditions as Freight Market Optimism Grows
● Major Carriers Still Betting on Diesel Through 2030s
● Dedicated Fleets Lock Rates as Spot Jumps 21% and Capacity Exits
● Spot Rates Up 50% Year-Over-Year as Mid-June Slump Hits Demand
● Brent Crude Down 2.8% to $78.34 as Iran Talks Continue
● TFS and WEX launch equipment financing for carriers after 3-year freeze
● Tender Rejections Hit 16.5% — Market Won't Balance Until Late 2027
● Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
● Cushing Oil Tanks Drain Near Empty as Diesel Feedstock Tightens
● Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail
● Brent Crude Falls to $78.36 — Down $1.19 as Iran War Premium Fades
● Oil Falls Back to $80 — Brent Down 3.2%, U.S. Crude at $78.72
Hot-Rolled Steel (PPI)
308.13
+4.40%
As of Apr 1, 2026 · prior Mar 1, 2026: 295.13
Why trucking cares
Truck, trailer, and railcar build cost. Sets new-equipment prices.
Price history
52W High
308.13
52W Low
275.62
275.62
308.13
52-week range · current 308.13 at 100%
1W
—
1M
—
3M
—
6M
+6.94%
YTD
+7.14%
1Y
+11.79%
5Y
+9.78%
Recent news
No news feed available for this commodity (no ETF proxy_ticker mapped).
Observations
| Date | Value | Source |
|---|---|---|
| Apr 1, 2026 | 308.13 | FRED |
| Mar 1, 2026 | 295.13 | FRED |
| Feb 1, 2026 | 288.13 | FRED |
| Jan 1, 2026 | 287.59 | FRED |
| Dec 1, 2025 | 286.02 | FRED |
| Nov 1, 2025 | 284.54 | FRED |
| Oct 1, 2025 | 282.15 | FRED |
| Sep 1, 2025 | 277.95 | FRED |
| Aug 1, 2025 | 275.62 | FRED |
| Jul 1, 2025 | 269.70 | FRED |
| Jun 1, 2025 | 269.24 | FRED |
| May 1, 2025 | 266.07 | FRED |
| Apr 1, 2025 | 252.45 | FRED |
| Mar 1, 2025 | 251.49 | FRED |
| Feb 1, 2025 | 250.31 | FRED |
| Jan 1, 2025 | 254.55 | FRED |
| Dec 1, 2024 | 255.14 | FRED |
| Nov 1, 2024 | 264.63 | FRED |
| Oct 1, 2024 | 265.31 | FRED |
| Sep 1, 2024 | 264.77 | FRED |
| Aug 1, 2024 | 271.93 | FRED |
| Jul 1, 2024 | 275.28 | FRED |
| Jun 1, 2024 | 277.13 | FRED |
| May 1, 2024 | 280.67 | FRED |
Data is provided for informational purposes only and is not investment or trading advice. Cadence and revision behavior follow each source's public schedule.
KNX$77.37 -0.64%
WERN$43.82 +0.48%
MRTN$17.45 +0.58%
HTLD$15.16 -0.39%
USX$24.26 -0.57%
SNDR$36.40 -0.36%
JBHT$290.07 +0.22%
CVLG$44.83 +1.47%
ODFL$217.96 +0.63%
SAIA$418.15 -0.71%
ARCB$139.82 -2.59%
XPO$207.06 +0.86%
FWRD$14.09 +4.29%
HUBG$44.78 +2.26%
FDX$313.89 +0.24%
UPS$109.54 +1.90%
CHRW$191.27 +1.56%
LSTR$207.35 +0.26%
GXO$51.28 +1.14%
RXO$27.74 +0.54%
EXPD$166.81 +2.35%
RLGT$9.52 +0.63%
ZIM$25.23 -2.96%
MATX$203.92 +6.08%
SBLK$24.81 -0.64%
SFL$10.25 +0.49%
KEX$130.97 -3.68%
NSC$318.99 +1.40%
UNP$277.73 +2.11%
CSX$48.33 +1.68%
CP$85.92 -0.84%
CNI$119.82 +0.49%
R$266.00 +0.85%
GATX$171.73 -3.08%
KNX$77.37 -0.64%
WERN$43.82 +0.48%
MRTN$17.45 +0.58%
HTLD$15.16 -0.39%
USX$24.26 -0.57%
SNDR$36.40 -0.36%
JBHT$290.07 +0.22%
CVLG$44.83 +1.47%
ODFL$217.96 +0.63%
SAIA$418.15 -0.71%
ARCB$139.82 -2.59%
XPO$207.06 +0.86%
FWRD$14.09 +4.29%
HUBG$44.78 +2.26%
FDX$313.89 +0.24%
UPS$109.54 +1.90%
CHRW$191.27 +1.56%
LSTR$207.35 +0.26%
GXO$51.28 +1.14%
RXO$27.74 +0.54%
EXPD$166.81 +2.35%
RLGT$9.52 +0.63%
ZIM$25.23 -2.96%
MATX$203.92 +6.08%
SBLK$24.81 -0.64%
SFL$10.25 +0.49%
KEX$130.97 -3.68%
NSC$318.99 +1.40%
UNP$277.73 +2.11%
CSX$48.33 +1.68%
CP$85.92 -0.84%
CNI$119.82 +0.49%
R$266.00 +0.85%
GATX$171.73 -3.08%