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Florida Trucking Association CEO Scott Perry says fuel has overtaken driver pay as the largest operating expense for some fleets. He cited a roughly 70% year-over-year rise in fuel costs and said tightening capacity is supporting freight rates.
Sharp diesel cost increases raise trucking and feed delivery costs, and tighter capacity supports freight rates that feed into delivered feed prices.
freightwaves.comOct 29, 2026After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
