Commerce Express Weekly Road Map:
July 29th, 2025
Keeping you informed on the latest news/insights in our industry.
Diesel update: The average price of diesel decreased by 0.7 cents a gallon. Putting the average price of diesel at $3.805, per the U.S. EIA.
The Midwest region was down 0.1 cents, the USWC was up 0.4 cents, the USGC was down 2.2 cents, and the USEC was up/down 0.9 cents.
Tariffs: A new round of country-specific tariffs is scheduled to go into effect on August 1st—unless a trade deal is struck with the U.S. beforehand. While it’s unclear whether the deadline will be extended again, as it was in July, August 1st remains the target date for implementation.
On Monday, July 14th, the U.S. Department of Commerce announced that they are withdrawing and terminating the 2019 Agreement Suspending the Antidumping Duty Investigation on Fresh Tomatoes from Mexico. In addition, the Trump Administration is imposing a tariff (17.09%) on most tomato imports Mexico, per the International Trade Administration.
If you have any questions surrounding tariffs, don’t hesitate to reach out to us.
Intermodal: Union Pacific and Norfolk Southern announced their agreement to merge together and form the first transcontinental railroad in America. According to a press release from Union Pacific, both companies are expected to file their application with the Surface Transportation Board in the next six months – something that is required as the Board will review the transaction. The press release also states this will connect over 50,000 route miles throughout 43 states from the East to the West Coast, linking around 100 ports. Both parties are hopeful that the closing of the transaction will take place in early 2027.
Equipment: Preliminary data for U.S. trailer orders in June hit an unexpected increase of 144% (15,400 units) when compared to June of last year, per ACT Research and reported by Transport Topics. On a month-to-month basis June orders were up 133%.
Truckload: Miami International Airport will be adding a lot more capacity for cargo as they begin construction on a new cold storage facility, per the airport. In a joint venture with PortMiami, the 340,000 square foot cold storage facility will allow more fresh produce and other perishables to go through Miami.
Commerce Blog
The American freight rail network is operated by a few, but powerful, carriers. The U.S. has some 140,000 miles of track, the most expansive of any other country in the world, which is owned and operated across four companies referred to as Class I railroads.
FMCSA and NHTSA pull speed limiter proposals
The Federal Motor Carrier Safety Administration and the National Highway Traffic Safety Administration have pulled their proposals that would require heavy-duty trucks to have a speed limiting device that is maintained at a set speed, according to a Federal Register notice. The FMCSA is also pulling the Advanced Notice of Supplemental Proposed Rulemaking (ANSPRM).
As noted in the Federal Register Notice, the reason for the removal is due to the “significant data gaps regarding potential safety benefits and economic impacts, and information obtained through the public comment process did not provide the information necessary to proceed in a final rule.”
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