Averitt, Port Operators Bet on Long-Term Freight Growth with Terminal Expansions
Cookeville carrier building 50,000-square-foot Louisville campus, Charlotte facility near airport. Warehousing and port projects follow as carriers position…
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.
PCE Inflation Jumps to 3.8% in April, Highest Since May 2023
The Fed's preferred inflation gauge rose three-tenths of a point in a month as fuel prices continued to climb.
Brent Crude Jumps 3.8% to $99.80 After U.S. Strikes Iran
International oil benchmark rebounds nearly $4 a barrel in one session following military action. Diesel and fuel surcharges likely to follow.
Oil Swings as Iran Deal Reports Surface, Fuel Pressure Mounts
Crude prices gave back gains May 28 after reports of a potential Iran agreement. Economic data shows the war's toll on freight costs continues.
20+ Trucking Firms Filed Bankruptcy in May as Soft Rates Persist
Chapter 7 liquidations outnumber restructurings. A 92-year-old Georgia carrier with 302 trucks shut down. Oklahoma oilfield hauler lists $10M to $50M in…
Brent Crude Falls 4.1% to $95.48, First Big Drop Since April
International oil benchmark shed $4.08 per barrel May 27 as financial markets rallied. Diesel and fuel surcharge relief may follow if the slide holds.
RNG Fuel Cost Locks Below Diesel, Clean Energy Says Engine Gap Closed
Chad Lindholm says renewable natural gas now delivers stable per-mile cost and long-haul power after decades on the sidelines.
AGX Freight Sues Bank, R&R CEO Over Frozen $85M Credit Line
Jacksonville broker says Huntington National Bank and R&R Family of Cos. cut off working capital and left carriers unpaid as Pittsburgh logistics group…
Shops Running 19% Short on Techs, $8,000 Per Trainee to Fill Gap
ATRI: 65.5% of shops understaffed, 62% of new hires arrive with zero formal training. Each empty bay costs $300 a day in downtime.
Russia Eyes Diesel Export Limits as Refinery Runs Hit Multi-Year Low
Ukraine attacks on refineries push Russian run rates down, prompting export restriction talks that could tighten global diesel supply.
Spot Rates Jump 21 to 52 Cents During International Roadcheck Week
Reefer saw the largest single-week increase on record. Dry van loads surged 36%, the biggest jump since January weather.
Petroleum Fleet Rankings Shift: What Carrier Growth Means for Rates
Andrews Logistics and S. Coraluzzo/Torrissi Transport climb in FleetOwner's 2026 petroleum carrier rankings. Two new fleets crack the top 10.