National Average Price for Regular Unleaded Current: $2.838; Month Ago: $2.500; Year Ago: $2.325. National Average Price for Diesel Current: $3.056; Month Ago: $2.740; Year Ago: $2.783

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 4.3% in February after decreasing 3.2% in January. In February, the index equaled 116.0 (2015=100) compared with 111.3 in January. “After a very soft January, due in part to winter storms, truck tonnage snapped back in February,” said ATA Chief Economist Bob Costello. “February’s level was the highest in a year, yet the index still contracted from a year earlier, suggesting truck freight remains in a recession.” January’s decrease was revised up from our February 20 press release. Compared with February 2023, the index fell 1.4%, which was the twelfth straight year-over-year decline. In January, the index was down 4.5% from a year earlier.

National Average Price for Regular Unleaded Current: $4.159; Month Ago: $4.244; Year Ago: $2.889. National Average Price for Diesel Current: $5.180; Month Ago: $5.127; Year Ago: $3.079.