FreightWaves Today: Weekly diesel fuel average continues to fall
FreightWaves Today discussed trailer tech, fuel markets and rising spot rate demand during Tuesday’s live show. The post FreightWaves Today: Weekly diesel fuel average continues to fall appeared first on FreightWaves.
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Trailer tech Mark Wallin, President and General Manager of Phillips Connect, highlighted how the dry van trailer is evolving from a basic asset into a highly intelligent, data-rich node on the supply chain.
Beyond basic GPS tracking, fleets are rapidly adopting advanced sensors to monitor tire pressure, brake health and door-open events to combat cargo theft and improve roadside safety.
Wallin noted that as the industry prepares for autonomous trucking, smart trailer capabilities –including cameras paired with AI to monitor volumetric cube utilization– will shift from a premium differentiator to a standard operational requirement.
Fuel markets FreightWaves reporter John Kingston broke down the latest weekly Department of Energy diesel benchmark, which dropped 14 cents to land at $5. 21 per gallon. This decline marks the third-lowest average price since the onset of the Iran war, mirroring broader downward pricing trends on CME ultra-low sulfur diesel contracts.
Kingston noted that while gasoline often sees demand destruction from retail consumers, diesel demand remains rigid as commercial carriers must maintain their schedules to deliver essential goods regardless of price shifts.
RXO reports rising spot demand as contract routing guides fail Corey Klujsza, vice president of pricing at RXO, joined the show’s “Capacity Now” segment to discuss how the accelerating freight market is placing unprecedented stress on traditional contract networks.
As primary carriers increasingly reject contracted loads, shippers are seeing routing guide compliance deteriorate and are turning to spot providers for emergency coverage. Corey emphasized that spot brokerage operations are acting as a critical “911” service to keep shipper freight moving as tender rejections climb.
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This briefing is based on reporting from Freightwaves. Use the original post for full primary-source context.
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