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A FreightWaves podcast episode features a U.S. Bank freight data executive discussing first-quarter freight invoice trends. The host also notes that diesel prices, after several quiet weeks with a downward drift, are starting to rise again.
Renewed diesel price increases raise fuel surcharge pressure on hauling costs for feed and grain shipments. The freight data trends offer context on the strength of trucking demand.
freightwaves.comJohn KingstonApr 30, 2021Not enough comparable past events yet for a historical read.
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.
