Industry News

Diesel Drops Below $5 for First Time Since March

Posted on August 10th, 2022


The national average price of diesel dropped to less than $5 a gallon for the first time since March, falling 14.5 cents to settle at $4.993, according to Energy Information Administration data released Aug. 8.


Highlights

The last …

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Driver Pay Raise Trend Catches Crosswinds

Posted on August 10th, 2022


The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.


Demand has slowed, and Noel Perry, principal at the market research …

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