Client Advisory

Client Advisory 3.16.26: Trucking Costs Expected to Rise

U.S. diesel prices remain elevated and volatile amid ongoing geopolitical tensions affecting global oil flows, with the national average now approaching approximately $4.95 per gallon — one of the highest levels in recent years. This sustained increase follows a dramatic rise in early March and reflects broader disruptions around the Strait of Hormuz, which remains a key factor in energy market instability.

This spike is expected to drive higher fuel surcharges across container drayage, FTL, and LTL shipments, as most large trucking companies pass on the additional costs to customers. Short-haul operations, including drayage and LTL networks, may see disproportionately higher expenses due to frequent stops and elevated fuel consumption.

The Laufer Group will work to mitigate increases where possible while ensuring trucking service levels are maintained.

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