There’s reason to be optimistic about fuel prices. They’ve been trending down for nearly two months now – and industry experts expect that trend to continue for weeks or even months to come. Tom Kloza of OPIS is among them, but he also sees potential trouble on the horizon. He’s going to tell us why he’s throwing around words like “apocalyptic” to describe where the diesel markets could be headed by year’s end.
Listen to our full show
Fuel prices have trended down for nearly two months now – and industry experts expect that trend to continue for weeks or even months to come. Tom Kloza of OPIS is among them, but he also sees potential trouble on the horizon. Also, the dog days of summer are typically a time of stagnation in the spot market, and the trend appears to be holding true. Stephen Petit of DAT tells us which markets are hot and which are not. And for many years, Marty Ellis has been involved in one of the biggest charity events in the trucking industry – the World’s Largest Truck Convoy benefitting Special Olympics. That event recently lost its founder.
Catch up on the news with Scott Thompson
The trucker facing prison time for a crash that killed 7 motorcyclists is found not guilty. Two new studies suggest driver pay is up, but the cost of doing business is way up. And we shouldn’t have to say it, but please don’t drive your golf cart on the interstate.
Stagnation in the spot market
The dog days of summer are typically a time of stagnation in the spot market, and the trend appears to be holding true. Stephen Petit of DAT tells us which markets are hot and which markets are not. He also talks about where owner-operators might be able to get a little more bang for their buck on the spot market right now.
Convoy loses its founder
For many years, Marty Ellis played a key role in one of the biggest charity events in the trucking industry – the World’s Largest Truck Convoy benefitting Special Olympics. That event recently lost its founder.
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Links, email addresses, phone numbers and more information
- Starting Friday, Marty Ellis and OOIDA’s tour truck, the Spirit of the American Trucker, will be at the Great Salt Lake Truck Show. That takes place at Thanksgiving Point in Lehi, Utah. Find upcoming Spirit stops here.
- You can check out more from OPIS
- Get more information about the freight market. And you can find loads at OOIDA MembersEdge.
- Remember, it’s never too late to contact your lawmakers. You can do that via the Fighting for Truckers website or by calling 202-224-3121.
- Find out how to listen to Land Line Now on TNC Radio.
- You can donate to the Truckers for Troops fund all year.
- OOIDA has an online resource to provide access to information needed to operate in the coronavirus pandemic. Click on the COVID-19 menu at the top of the page on the Land Line Media website.
