Brent Crude Hits $105.26 After Two-Day 8.5% Rally
International oil benchmark jumped 4% Sept. 10 after a 4.3% gain the day before. Every dollar above $100 adds roughly 3 cents to diesel retail.
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.
Oil Tops $100 for First Time Since July on Middle East Attacks
Brent crude jumped 2.8% to $100.62/barrel Sept. 9, the first triple-digit close in two months. Every dollar adds roughly 3 cents to diesel.
Yellow estate settles final four pension plans, MFN backs deal
The liquidating trust closed settlements with the last four pension funds, ending a dispute that earlier versions failed to resolve.
Brent crude hits $97.85 as Iran war enters sixth month
Oil rose 0.9% to a six-week high Sept. 8. Every dollar adds roughly 2.4 cents to diesel retail.
Saia Tonnage Up 8.7% in August, But Two-Year Stack Slows Again
The LTL carrier posted stronger year-over-year growth in August, but easier comps flatter the number. Two-year tonnage gains slowed for a second straight month.
Tender Rejections Jump Above 14% as Labor Day Tightens Freight
Rejection rates rise faster than the past three years during the same holiday window. Van spot rates swing wildly, flatbed cools, and reefer holds steady.
ShipStation Adds LTL to Parcel Platform, Targets Multi-Mode Shippers
New LTL tool consolidates parcel, less-than-truckload, and truckload visibility in one system for small and mid-sized shippers juggling separate carrier…
Alabama Carrier Sued for Raiding Logistics Firm's Staff, Customer Data
Imperative Logistics claims Alabama Motor Express hired five employees in rapid succession, then used stolen pricing and customer lists to undercut bids.
Brent Crude Hits $97 as Iran Fighting Intensifies
Benchmark U.S. crude climbs to $92.92 per barrel, pushing diesel costs higher for small fleets already squeezed by elevated fuel surcharges.
Old Dominion Yield Jumps 13% in August as Diesel Climbs 46%
LTL carrier's revenue per hundredweight accelerated from July, but tonnage stayed slightly negative. Fuel surcharge step-ups padded margins as diesel spiked…
Diesel Futures Hit $4.68/Gallon, New Post-War High
CME diesel settled at $4.6773/gallon Tuesday, up 18.36 cents in one day. Retail prices lag behind, but the surge will hit fuel surcharges within days.
Manufacturing PMI Slips to 54.6 as New Orders Cool 3 Points
Eighth straight month of expansion, but new-order index fell to 53.7 in August. Supplier deliveries slowed for the ninth month running, and 71% of…