# Diesel drives fleet costs, freight market shifts | FleetOwner

> Diesel prices, which were $5.31 per gallon compared with $3.73 a year earlier, are a major reason contract freight rates rose about 22 cents per mile year over year. Roughly 90% of loads now move under contract rather than on the spot market. Analysts say carriers are passing fuel surcharges on to shippers.

- Date: 2022-11-18 · published 2022-11-18T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/38878-diesel-drives-fleet-costs-freight-market-shifts-fleetowner
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

High diesel costs raise the cost of moving feed ingredients and finished feed by truck. The price implication is bullish for diesel, and freight rates remain elevated.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-10-13 | [Diesel Prices & Freight Trends: What’s Driving the Market in Q4?](https://feedsoft.ai/events/17232-diesel-prices-and-freight-trends-what-s-driving-the-market-in-q4.md) | +1.8% | — |
| DIESEL | 2026-10-20 | [Benchmark diesel price up as market takes a short breather - FreightWaves](https://feedsoft.ai/events/632-benchmark-diesel-price-up-as-market-takes-a-short-breather-freightwaves.md) | -0.2% | — |
| DIESEL | 2026-10-22 | [Record diesel costs push grain freight rates higher across all modes \| Feed & Grain](https://feedsoft.ai/events/17227-record-diesel-costs-push-grain-freight-rates-higher-across-all-modes-feed-and.md) | -5.5% | — |
| DIESEL | 2024-01-26 | [Europe’s Diesel Supply Chain Threatened by High Freight Costs - TT](https://feedsoft.ai/events/32308-europe-s-diesel-supply-chain-threatened-by-high-freight-costs-tt.md) | -2.4% | -3.8% |
| DIESEL | 2021-05-10 | [Colonial Pipeline outage: What to watch for in diesel markets Monday - FreightWaves](https://feedsoft.ai/events/47275-colonial-pipeline-outage-what-to-watch-for-in-diesel-markets-monday-freightwaves.md) | +1.4% | +5.2% |

## Sources

- fleetowner.com: https://www.fleetowner.com/operations/article/21255010/diesel-drives-fleet-costs-freight-market-shifts

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