Knichel News

Freight Focus – Week of July 19, 2021

The following information is collected from our service division managers along with various industry resources and gives a generalized scope of what has been going on this past week in freight transportation.

The national average price of diesel fuel is $3.338 per gallon for the week of 7/19/2021.

 

Intermodal

Less than Truckload

Over the Road

  • The market is still in a supply-driven capacity-crunch phase where carriers have pricing power. Drivers aren’t yet re-entering the industry in meaningful numbers, although June’s recent employment numbers do show promise. Spot market load volumes are more than double what they were this time last year.

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