U.S. trucking employment was steady in October even as spot linehaul rates in early November were up as much as 35% from a year earlier. The article attributes rate strength to constrained capacity, including regulatory pressures and record-high diesel costs, while truck posts on DAT were below year-earlier levels and load posts were higher.
Tighter trucking capacity and elevated fuel costs can keep freight charges high even without strong demand, raising delivered costs for feed and agricultural goods. Expensive diesel also squeezes carriers and may further restrict capacity.
After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
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.