Hormuz Shut Since May 5, No Tankers Through, Diesel Still Climbing
Iran halted all transits through the Strait of Hormuz three days ago and imposed new shipowner reporting rules. Crude and diesel prices remain elevated despite…
Markets & Rates
Spot and contract freight rates, fuel prices, capacity, lane trends, and freight demand.
Diesel Hit Record Seasonal Levels Mid-April as War Costs Squeeze Margins
Box manufacturers struggle to pass transportation cost spikes downstream, a signal that freight buyers are pushing back on fuel surcharges even as diesel…
Brent Crude Back Over $100 as Hormuz Closure Drags Into Second Week
Brent rose 1.8% to $101.80/bbl May 8 after a volatile morning: diesel costs remain elevated as the strait stays shut.
Brent Crude Falls 3.8% to $97.38 on Iran-US Peace Talks
International oil benchmark drops nearly four percent as diplomatic signals ease war premium: diesel and gasoline prices expected to follow within days.
Contract Rates Up 8% Since Fall as Capacity Stays Tight Through Mid-Year
Long-term contract rates climbed roughly 8% from last fall, with spot and contract pricing both rising as tender rejection rates stay elevated and shippers…
Brent Crude Falls 5.7% as Hormuz Deal Hopes Pull Diesel Off Peak
International oil benchmark drops to $103.61 per barrel, down from $115 earlier this week, on diplomatic progress in the Strait of Hormuz.
California Subpoenas Gas Stations Over Anomalous Diesel Pricing
State fuel watchdog targets stations charging outlier prices as diesel volatility squeezes small fleets.
Gasoline Hits $4.48, Up 50% Since Iran War Started
Pump prices jumped 31 cents in a week as conflict drives fuel costs to levels not seen since 2022, squeezing owner-operator margins on every deadhead mile.
Diesel Surges Past $4.48, Strait of Hormuz Closure Hits Fuel Costs
National diesel average climbs $1.32 year-over-year as crude tops $100/barrel and Middle East shipping lane remains shut.
Upgrading from 2022 to 2028 Trucks Saves $12,845 First Year on Fuel
Fleet Advantage data shows newer Class 8 models cut operating costs by nearly $13,000 per truck annually as diesel climbs past $5 per gallon: fuel efficiency…
Diesel Hits $5.35/Gallon: Auto Haulers Absorb $1.80 YoY Spike
National diesel average sits $1.80 above year-ago levels as Iran supply warnings push auto transport costs up 16.7% from pre-conflict baseline.
Cummins Lifts 2026 Outlook as Truck Orders and Spot Rates Climb in Q1
Engine maker's raised forecast signals carrier demand is firming: what improving order activity means for fleet expansion and rate momentum.