Schneider Opens Wallet for Acquisitions After 18-Month Pause
Green Bay truckload carrier last bought Cowan Systems for $390 million in November 2024. Executives now say they're hunting again.
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.
Diesel Drops 14¢ to $5.21, Third Straight Week Down
National diesel fell to $5.21/gal June 8, down 14 cents. Still $2/gal higher than last year, but the first sustained retreat since the Iran war spiked fuel in…
Diesel at $6 Makes Idling a $15,000-a-Year Problem for Long-Haul Fleets
With summer diesel hitting $6/gallon in many markets, excess idling now costs a single long-haul truck up to $15,000 annually in fuel alone, plus accelerated…
Truck Tire Prices Set to Jump as Rubber, Oil, Energy Costs Spike
Natural rubber nearing a 10-year high, crude oil doubled since December, and LNG export capacity down 17% in Qatar. Fleets face a three-front pricing squeeze.
Top 10 Tank Fleets Hold Steady, Depot Connect Jumps 100 Spots
The 2026 FleetOwner 500 shows the top five bulk haulers unchanged, while Depot Connect climbed to No. 160 overall among for-hire carriers.
Flatbed Spot Rates Hit $2.89/Mile, New Record, as Loads Drop 15.5%
Dry van climbed 9¢ to $2.32, reefer fell 10¢ to $2.64, and flatbed added 9¢ to $2.89: all while volumes dropped double digits across every segment.
June Import Volume Up 9.7% as Retailers Pull Peak Season Forward
Shippers accelerate cargo to dodge rising fuel costs and tariff risk. Early peak means more drayage loads through July, then a fall lull.
Brent Crude Drops 3.3% to $91 After Iran War Spike
Oil fell back to $91.14 a barrel June 9 after briefly topping $98 the day before. Strait of Hormuz deal hopes ease fuel costs for fleets.
Natural Gas Drillers Shut Wells as Prices Tank Below Breakeven
Elevation Resources CEO says gas losses are eating half the company's revenue. What falling wellhead prices mean for fleets running CNG.
OPEC+ Quota Hike Means Nothing While Hormuz Stays Shut
Cartel agrees to symbolic production increase for July, but Iran war keeps Middle East barrels landlocked and diesel climbing.
Diesel Prices May Stay High for Months as Hormuz Disruption Drags
If the Strait of Hormuz stays closed, elevated fuel costs could persist for months or years, not weeks.
ArcBest Pulls GRI Six Weeks Early as LTL Pricing Cycle Speeds Up
ABF Freight's 5.9% rate hike lands June 22, the fourth straight year the carrier has moved its annual increase forward on the calendar.