FW Desk News
FreightWatch.News
Friday, September 4, 2026
Treasury Secretary Scott Bessent forecast oil prices could fall to $40 per barrel following resolution of the Iran conflict, a development that would significantly lower bond yields currently at multi-year highs.
Retail diesel prices remain elevated across U.S. trucking markets, averaging $5.85 per gallon according to AAA data—the highest level since military operations began in the region.
Spot market rates show mixed signals. Flatbed linehaul rates averaged $2.67 per mile this week, down slightly from the prior period, while dry van rates held at $2.19 per mile. Load-to-truck ratios in flatbed segments have doubled year-over-year, pressuring available capacity.
After 96 years of operations, LTL carrier Central Freight Lines announced plans to cease operations. The company has no plans to reorganize.
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