Tag: Retail

March 6, 2023

Diesel prices in the wholesale and futures markets have trended higher over the past several trading days, but retail prices are still stuck in the past. And that’s to be expected. For the fifth consecutive week, the benchmark Department of […]

February 14, 2023

Retail diesel prices continue to slide and catch up to earlier declines in futures and wholesale rates, as any impact from the European Union ban on imports of Russian products has yet to emerge. The Department of Energy/Energy Information Administration […]

September 12, 2022

The upcoming retail holiday season is likely to see slower sales below the surging pace of 2021 as the U.S. economy’s pace of growth slows to a much lower level, which will have an impact on the amount of freight […]

May 9, 2022

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China’s economy, oil demand, Fed tightening and inflation added up […]

January 10, 2022

After seven weeks of decreases, the Department of Energy/Energy Information Administration average retail diesel price moved higher this week. Its price, effective Monday, is $3.657 a gallon, an increase of 4.4 cents from the prior week. The seven-week decline had […]

December 1, 2021

The average retail price for a used Class 8 vehicle in October climbed a notch higher to set a record, overtaking the previous peak set in September, ACT Research reported. The average retail price in the month hit $72,204 compared […]

November 3, 2021

With the U.S. economy relying heavily on clearing out freight bottlenecks up and down the supply chain, the White House on Wednesday started a twice-monthly dashboard featuring key performance indicators to measure progress. Metrics used in the dashboard, compiled by […]

April 15, 2021

Retail sales, including food services, increased 9.8% sequentially in March, according to Thursday Census Bureau data. The pop in sales highlights the impacts of widespread vaccinations and federal stimulus payments to consumers. On a year-over-year comparison, sales were up 27.7% […]