Diesel fuel prices greatly affect the transportation costs all acrros the board. Higher diesel fuel prices mean higher freight rates. Then of course, in the equation there will be calculated supply of equipment vs demand for freight.

Average Diesel Fuel Prices: January 2024 $3.83

Historic Diesel Fuel prices across US

Jan-22 $3.72
Feb-22 $4.03
Mar-22 $5.10
Apr-22 $5.12
May-22 $5.57
Jun-22 $5.71
Jul-22 $5.48
Aug-22 $5.00
Sep-22 $4.98
Oct-22 $5.20
Nov-22 $5.25
Dec-22 $4.71
Jan-23 $4.54