# RFP season arrives amid uncertainty

> A DAT blog post says freight demand has exceeded supply since May, pushing spot truckload rates to record highs and above contract levels since August. It notes the economy is improving slowly and that a new lockdown could disrupt activity and the outlook for 2021 freight costs.

- Date: 2020-11-18 · published 2020-11-18T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/6811-rfp-season-arrives-amid-uncertainty
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Strong truckload demand and elevated spot rates raise domestic feed delivery costs for buyers, and the recession risk adds uncertainty to future freight pricing.

## Read by commodity

- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-03-20 | [Uncertainty Still Plagues IMO Outlook \| Energy Intelligence](https://feedsoft.ai/events/60277-uncertainty-still-plagues-imo-outlook-energy-intelligence.md) | +0.2% | +4.9% |
| DIESEL | 2020-01-30 | [Marathon CEO predicts ‘stair-step’ of diesel margins in response to IMO 2020 - FreightWaves](https://feedsoft.ai/events/55258-marathon-ceo-predicts-stair-step-of-diesel-margins-in-response-to-imo-2020.md) | -2.6% | -12.2% |
| DIESEL | 2020-09-17 | [Secondary Market Demand Crucial to Diesel Recovery \| Energy Intelligence](https://feedsoft.ai/events/51275-secondary-market-demand-crucial-to-diesel-recovery-energy-intelligence.md) | -0.9% | +7.3% |
| DIESEL | 2025-01-28 | [Fuel prices: What’s in store for 2025? \| IRU \| World Road Transport Organisation](https://feedsoft.ai/events/26679-fuel-prices-what-s-in-store-for-2025-iru-world-road-transport-organisation.md) | -0.5% | -3.4% |
| DIESEL | 2018-08-27 | [Weekly Energy Market Situation, August 27, 2018 - Fuels Market News](https://feedsoft.ai/events/63726-weekly-energy-market-situation-august-27-2018-fuels-market-news.md) | +1.8% | +3.9% |

## Sources

- dat.com: https://www.dat.com/blog/rfp-season-arrives-amid-uncertainty

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