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February 2, 2016

Diesel nears $2 a gallon

A 4-cent drop in the national average price of at-pump diesel fuel in the most recent week has the U.S. average at $2.031 per gallon, according to the Department of Energy’s weekly report. This is the lowest diesel has been since the week of March 16, 2009, and if prices continue to drop as they
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ATA: Large truckload carrier turnover rate hit 100 percent in 2015’s 3Q

The annualized turnover rate for large truckload carriers rose 13 points to 100 percent in the third quarter of 2015, the highest it’s been in three years, according to ATA Chief Economist Bob Costello. The turnover rate at smaller truckload carriers, however, dipped to 68 percent, its lowest point since the fourth quarter in 2011.
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