Diesel
7 briefings, newest first.
- Voters Cut the Oil Price. Tariffs Stayed Put.
Brent fell 8.6% to $94.66 after the midterms, but diesel was still $6.292, ISM prices read 75.2, contract truckload rates hit a 52-week high and 178 China exclusions expire November 9.
- Growth Came Back, and Carriers Sent the Invoice
GDP grew 3.4% and the Fed held with two dissents for a hike, while C.H. Robinson's truckload prices rose 31.5%, diesel climbed to $6.352 and Asia–U.S. East Coast rates jumped 9% to $10,565.
- The Tariff Bill Is Shrinking. The Commodity Bill Isn't.
The Graham Act's 100% tariffs are waived and IEEPA refunds lift Hasbro and RTX, but P&G flags a $1.4B commodity hit, diesel rises 9.7¢ to $6.276, and reefer rejections reach 21.44%.
- Freight Cooled. Prices Kept Climbing.
Diesel drops 18.3¢ to $6.199 and Asia–Europe ocean slides, but ISM factory prices jump to 77.9, services prices hit 74.0, payrolls add just 29,000, and the Fed minutes point to another hike.
- The Inventory Arrived. The Confidence Left.
Wholesale inventories run 6.6% above a year ago as consumer confidence drops to 81.9, Target cuts 2,000 prices, diesel snaps its record streak at $6.382, and a 100% pharma tariff takes effect.
- The Tariff Clock Slowed Down. The Cost Clock Didn't.
The China truce slides to January 10, but diesel hits a record $6.529, the Fed hikes to 3.75–4%, and a 57.0 factory PMI shows supplier delays at a four-year high.
- Freight Inflation Just Became the Macro Story
Diesel sets an all-time record near $5.97, truckload spot rates rise across every equipment type, holiday parcel surcharges jump about 25%, and a Fed rate hike looks likely.
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