# FTR: High fuel chipping away at shippers’ market | FleetOwner

> FTR's Shippers Conditions Index fell in June to 7.9 from 8.6 in May, weighed by a jump in diesel prices. The US average diesel price rose 8.6 cents to $4.475 per gallon, a surge of nearly 67 cents since July 24. Gasoline also rose sharply and sits just below 2022 highs.

- Date: 2023-08-31 · published 2023-08-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/34774-ftr-high-fuel-chipping-away-at-shippers-market-fleetowner
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Fuel surcharges and capacity shifts are squeezing shipper conditions, which can raise the cost of moving feed and grain by truck. Persistent fuel inflation supports higher domestic freight costs.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-02-06 | [Market Talk \| Diesel Demand At 3 Year High](https://feedsoft.ai/events/26247-market-talk-diesel-demand-at-3-year-high.md) | +2.6% | -7.1% |
| DIESEL | 2020-01-16 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/55279-eia-short-term-energy-outlook-fuels-market-news.md) | -4.8% | -10.6% |
| DIESEL | 2020-04-24 | [Diesel demand numbers point to a market that may be turning up - FreightWaves](https://feedsoft.ai/events/53803-diesel-demand-numbers-point-to-a-market-that-may-be-turning-up-freightwaves.md) | +1.3% | +32.0% |
| DIESEL | 2025-08-29 | [Diesel Prices Now Hold at $3.71 in a Tight Market](https://feedsoft.ai/events/23500-diesel-prices-now-hold-at-3-71-in-a-tight-market.md) | -0.6% | +5.3% |
| DIESEL | 2025-11-19 | [Shipping Gazette](https://feedsoft.ai/events/11484-shipping-gazette.md) | -12.6% | -19.7% |

## Sources

- fleetowner.com: https://www.fleetowner.com/emissions-efficiency/article/21272698/ftr-high-fuel-chipping-away-at-shippers-market

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.