Commerce Express Weekly Road Map:
May 13th, 2025
Keeping you informed on the latest news/insights in our industry.
Tariffs:
A few updates from late last week and over the weekend. The United States and China reached a trade agreement, marking a significant step. Under the deal, both countries will roll back some of their tariffs. Per Executive Order, both sides agreed to a 90-day pause and will each lower tariffs down by 115%. Other U.S. measures will take place.
The tariff ripple effect has also driven increased demand for bonded warehousing, putting added pressure on trucking routes serving inland markets.
Diesel Update:
The average price of diesel decreased by 2.1 cents a gallon. Putting the average price of diesel at $3.476, per the U.S. EIA.
A mixed bag this week: the Midwest region (down 1.6 cents), USWC (up 0.7 cents), USGC (down 3.1 cents), and the USEC (down 3.3), compared to last week.
Roadcheck 2025: This week (May 13th-15th) CVSA’s International Roadcheck will take place. The key focus this year is on hours-of-service regulations and the importance of proper tire maintenance.
Commerce Blog
The difficulties of today could feel like obstacles, ranging from low freight rates and unclear regulatory outlooks to rising equipment prices and workforce shortages. However, the next wave of opportunity is being shaped by these same circumstances.
How you will react is more important than whether your company will be impacted. Will you take advantage of the storm to advance your company, or will you just weather it?
April Class 8 Truck Orders
Preliminary data from ACT Research shows orders dipped 52.1% year-over-year; from 15,850 to 7,600 units. Additionally, they fell 53.9% sequentially when compared to the 16,500 units in March.
They also note that orders have trended below the previous year for about an entire year with few exemptions. Analysts at ACT Research state the uncertainty around pricing, tariffs, lead times, production lines, have played a role in these results.
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