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A FreightWaves podcast discusses Deutsche Bank analyst Amit Mehrotra's view that the trucking market is 'on fire' after strong second-quarter earnings commentary. The episode also covers the restrained diesel market reaction to Hurricane Laura.
Strong trucking demand supports freight rates and fuel consumption, but the diesel market's limited reaction to the storm suggests no major new price shock.
Not 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.