Oil Falls $4.37 on Iran Deal, Diesel Relief Coming for Fleets
Brent crude dropped to $82.96 per barrel June 15 as a tentative deal to end the Iran war took shape. What the pullback means for fuel costs.
Tess Crawford
Markets, Rates, Fuel & Carrier Business
Tess Crawford tracks the money flowing through trucking, spot and contract rates, diesel and crude markets, fuel surcharges, lane capacity, freight demand, LTL tonnage and yield, plus the carrier-business side: bankruptcies, M&A, layoffs, and insurance pricing. She writes for the dispatcher checking the load board between calls and the small-fleet owner reading the P&L over coffee.
LTL Rates Hit $46 Per Hundredweight, But Diesel, Not Demand, Drove It
All-in LTL revenue per hundredweight reached a five-year high in May 2026, but strip out the fuel surcharge and base rates are flat to negative. The truckload…
ArcBest, ABF Freight Raise LTL Rates 5.9% June 22 as Spot Market Jumps
The Fort Smith carrier's general rate increase takes effect June 22, six weeks earlier than the usual August cycle, as spot rates climb across all freight…
Oil Falls 3% on Iran Talk Progress, Still $17 Above Pre-War Level
Brent crude dropped to $87.58/barrel June 12 after Trump claimed breakthrough in Iran negotiations. Diesel and fuel surcharges remain elevated for fleets.
LA Port Forecasts 9.3M TEUs, Down 7%, as China Share Drops to 40%
Port of Los Angeles approved a $3.4 billion budget for fiscal 2026-2027 while projecting container volumes will fall 7% to 9.3 million TEUs as China's share of…
Brent Crude Hits $93, Up 33% Since War Started in February
Oil climbed to $93.15 a barrel June 11 after Trump threatened to seize Iran's oil. Brent was at $70 before the war.
Dry Van Spot Rates Drop 4¢ While Reefer Falls 11¢ in Post-Holiday Week
Flatbed held gains at $2.93/mile as dry van and reefer gave back ground despite freight volumes climbing across all three segments.
NMFTA Pushes Density-Based LTL Classification, What Changes for Shippers
Classification Reimagined moves more commodities to full-scale density provisions as dimensioning tech makes cube and weight more measurable. NMFTA now posts…
Which Private Fleets Run the Most Tractors in 2026
The top 10 private fleets by tractor count held steady this year, with minor ranking shifts. What fleet size signals about supply-chain reach and equipment…
Saia Opens Washington, Indiana Terminals, Network Hits 216 Locations
The LTL carrier added terminals in Marysville, WA, and Edinburgh, IN, this month as it pushes density into lanes outside its Southeast core.
Knight-Swift's Iron Insurance Lost $130M Before Regulators Noticed
Telematics-for-coverage program wrote policies on thousands of new entrants during 2021-2022 freight boom. Premium collection collapsed when rates turned.…
Brent Crude Climbs to $92.43 as Hormuz Doubts Keep Pressure On
International benchmark gains 1.1% on June 10. U.S. crude inches up 0.1% to $88.31. Strait reopening timeline still unclear.