Economics

Trucking is an indicator of the overall health of the United States, while domestic and international economic developments can alter the industry’s outlook in an instant. From Wall Street to Main Street, this category focuses on what it all means for your business.

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Eric Van Egeren | FleetOwner
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A trying and surprising 2024 year in U.S. trucking comes to an end as private fleets and for-hire motor carriers look to 2025 as a year of potential change and profits.

Latest from Economics

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Fuel Economy

As temps drop, diesel prices rise, gas hovers above $3/gal

Dec. 17, 2024
Diesel prices jumped about 3 cents this week, while gasoline prices remained just over $3 per gallon on average. But California's built-up diesel inventories put downward price...
Eric Van Egeren | FleetOwner
As the fleets continue to navigate an evolving economic and regulatory landscape, we present the latest trends, challenges, and opportunities based on data gathered by FleetOwner and several industry organizations. Trucking By the Numbers 2024 shines a light on the top concerns, economic factors, advancements, and more data that tells the trucking story in charts and figures.
Research

Trucking By the Numbers 2024

Dec. 16, 2024
As fleets navigate a changing economic and regulatory landscape, FleetOwner presents the latest trends and challenges based on industry data. Trucking By the Numbers highlights...
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Fuel Economy

Diesel dips below $3.50; gas flirts with sub-$3 for first time since 2021

Dec. 10, 2024
Both diesel and gas pump prices fell this week, continuing the monthslong trend of more affordable fuel. National gasoline average could fall below $3/gal. for the first time ...
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fuel prices plateau
Fuel Economy

Fuel prices continue to plateau, diesel averages $3.54/gal

Dec. 3, 2024
Fuel prices continue to track at levels less than a year ago as the holidays ring in fairly steady diesel and gasoline pump prices nationwide. Diesel averages around $3.54/gal...
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tractor-trailer in Arizona sun
News

Freight rates, volumes promise market upturn

Nov. 26, 2024
For-hire rates and volumes continued to improve in October, again suggesting the freight recession is ending. Spot rates showed greater improvements than contract rates.

Latest From Economics

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As consumers buy more goods, the medium-duty segment—most prominently in the delivery space—will likely see growth. Additionally, consumers help spur the vocational segment when they buy and build houses.

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Diesel down to $3.53/gal. nationwide, gas falls to $3.18
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US Mexico freight trade nearshoring economy