AAA Daily Fuel Gauge Report for Friday, 11/8/24
National Average Price for Regular Unleaded Current: $3.099; Month Ago: $3.181; Year Ago: $3.405. National Average Price for Diesel Current: $3.563; Month Ago: $3.586; Year Ago: $4.393.
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AAA Daily Fuel Gauge Report for Friday, 11/17/2017
National Average Price for Regular – Current: $2.556; Month Ago: $2.465; Year Ago: $2.148.
National Average Price for Diesel – Current: $2.837; Month Ago: $2.724; Year Ago: $2.393.
ATA Truck Tonnage Index Decreased 1% in November
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1% in November after increasing 0.8% in October. In November, the index equaled 113.7 (2015=100) compared with 114.9 in October. “We continued to see a choppy 2023 for truck tonnage into November,” said ATA Chief Economist Bob Costello. “It seems like every time freight improves, it takes a step back the following month. While year-over-year comparisons are improving, unfortunately, the freight market remains in a recession. Looking ahead, with retail inventories falling, we should see less of a headwind for retail freight, but I’m also not expecting a surge in freight levels in the coming months.” October’s gain was revised down slightly from our November 21 press release. Compared with November 2022, the SA index fell 1.2%, which was the ninth straight year-over-year decrease. In October, the index was down 2.4% from a year earlier.