The U.S. on-highway diesel price averaged $6.352 per gallon on Oct. 26, up 7.6 cents from the prior week and $2.634 above a year ago, according to the U.S. Energy Information Administration. The weekly series stood at $6.179 on Oct. 12 and $6.276 on Oct. 19.
Regional averages rose in most of the country. The Lower Atlantic region, which includes Georgia and the Carolinas, averaged $5.890, up 15.0 cents on the week. The Midwest averaged $6.480, up 12.8 cents, and the Gulf Coast averaged $5.951, up 4.8 cents. The West Coast averaged $7.329 and California averaged $8.155, both slightly lower than a week earlier.
DAT Freight and Analytics reported that diesel averaged $6.47 per gallon at Pilot Flying J locations on Oct. 24, up 13 cents, or 2%, from Oct. 17. DAT's Dean Croke noted that figure is $2.17, or 51%, above the $4.30 baseline recorded in late February and early March.
DAT calculated the effect on a long-haul truck running 500 miles a day at 6 miles per gallon, which burns about 83 gallons daily. The daily diesel bill for that truck has risen from $358 to $539, an increase of $181. For a DAT spot dry van carrier, diesel now costs about 92 cents per mile, or 43% of operating costs, compared with 59 cents, or 32%, in the earlier period.
Pump prices ranged from $8.50 per gallon in Palmdale, California, to $5.40 in Albany and Dalton, Georgia, and McLeansville, North Carolina.
Source: The Trucker - https://www.thetrucker.com/trucking-news/business/dat-spot-truckload-rates-dip-2-to-3-cents-a-mile-as-load-posts-cool