Brent Crude Jumps 2.3% to $101.38 as Iran Talks Stall
July Brent crude rose to $101.38 per barrel Monday: a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.
Markets & Rates
Spot and contract freight rates, fuel prices, capacity, lane trends, and freight demand.
Texas Cargo Theft Down 22%, But Organized Crime Drives Losses Higher
Fewer incidents in Q1 2026, but thieves are targeting higher-value loads, and total losses held flat at $131.6 million across the U.S. and Canada.
Import Volumes Sit 36% Below 2021 Peak as Domestic Rates Climb
Ocean container requests are running near multi-year lows for April, leaving the current freight market flip driven by domestic factors: not the import surge…
Covenant Reports Driver Market Tightening for First Time in 40 Months
Chattanooga carrier sees Q1 net income fall to $4.4M but says capacity is shrinking, driver pay talks are back, and rate momentum is building into Q2.
Brent Crude Swings $4 in Morning Trade, Settles at $105.38
June Brent crude bounced between $103 and $107 per barrel Friday morning on Iran ceasefire speculation before closing up 0.3%.
Knight-Swift Targets 10%+ Rate Hikes as Capacity Exits Accelerate
Phoenix mega-carrier reports Q1 loss but tells investors mini-bids are multiplying and awarded contracts are being rejected because prices moved since January.
Flatbed Spot Rates Jump 8¢ While Dry Van and Reefer Slide
Flatbed linehaul climbed to $2.61/mile last week, the second straight 8-cent gain, while dry van and reefer rates dropped as load counts fell across all three…
Diesel Drops 21 Cents, Then Crude Hits $100, What Happens Next
National average fell to $5.40/gallon this week, but Brent crude spiked over $100/barrel as Iran ceasefire uncertainty keeps the Strait of Hormuz in play.