
U.S. dry-van spot rates averaged $3.05 per mile in October, the highest since February 2022, while contract rates matched their May 2022 record at $3.28 per mile, according to DAT. Load volumes were 2% below a year earlier, and diesel prices fell, but the report attributes the elevated trucking rates to limited truck capacity rather than stronger freight demand.
Higher inland trucking costs can raise delivered costs for feed grains and other agricultural commodities, even as lower diesel offers some offset through reduced fuel surcharges. The article does not identify a direct commodity price move.
After 18 past bearish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (56% higher; middle half -1.5% to +3.3%), 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.