Trucking Revenues Rise as Diesel Prices Fall

The latest episode of FTR's Trucking Market Update highlighted a freight market that remains significantly stronger than it was a year ago, even as some seasonal softening emerges.

Trucking Revenues Continue to Recover

First-quarter data showed continued improvement across the trucking industry:

• Total truck transportation revenues increased 4.3% year over year.
• General freight revenues rose 6.9%.
• Long-distance general freight revenues increased 6.5%.

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📅 August 31 – September 1, 2026

Two days focused on the issues shaping trucking strategy today—from freight demand and rates to equipment, regulation, fuel volatility, and capital planning.

Early Bird pricing is open until June 19th—register now at the lowest available rate and gain practical forecasting insight designed to help carriers, suppliers, investors, and technology providers make better decisions before the market shifts again.

Diesel Prices Retreat

Diesel prices fell for a sixth consecutive week, dropping more than 58 cents per gallon over the past six weeks as concerns surrounding global oil supply disruptions eased.

Spot Rates Remain Strong

While dry van and refrigerated rates declined modestly during the week, overall spot market conditions remain historically strong.

• Total spot rates reached another record high.
• Flatbed rates increased for a 24th consecutive week.
• Spot rates remain roughly 50% higher than a year ago.

Manufacturing and Housing Show Improvement

Economic indicators were generally positive:

• Durable goods production reached its strongest level since 2019.
• Existing home sales increased for a second consecutive month.
• Housing inventory climbed to its highest level since 2019.

Broker Liability Remains a Key Industry Issue

The Transportation Intermediaries Association (TIA) has asked FMCSA to establish a carrier selection standard following the Supreme Court's broker liability ruling, a development that could have significant implications for brokers and carriers alike.

Listen to the Full Podcast

For deeper analysis on freight rates, fuel costs, trucking revenues, manufacturing activity, housing trends, and regulatory developments, listen to the full episode of FTR's Trucking Market Update podcast.