Ongoing oil disruptions in the Middle East pushed on-highway diesel above $5 for the first time since 2022. With the Strait of Hormuz remaining closed to tankers, gasoline prices are fast approaching the $4 mark.
Safe Truckers that share their driving data save an average of $4453 on truck insurance. “Safe Truckers” are identified using specific DOT safety scores and other information. Savings based on internal data. Actual savings amounts maybe vary based on situation and might further increase or decrease based on telematics data.
While rising diesel prices are pushing total spot rates to their highest levels since 2022, linehaul rates tell a different story of tightening margins.