Official data, computed here

Freight cost indices: what trucking prices, volume and jobs did

The producer price index for long-distance truckload trucking was 207.6 in August 2026, +13.9% on a year earlier and +42.1% against January 2021. Diesel, by the same yardstick, moved +134.7%. These are market-wide indexes. They tell you which way prices and volume drifted, not what your lane pays.

SnapshotFRED freight series and EIA dieselData period: monthly series through August 2026 (prices), July 2026 (freight volume), September 2026 (jobs)Retrieved Oct 9, 2026, 14:44 UTCretrieved Oct 9, 2026

Open data, retrieved Oct 9, 2026

Prices: trucking and diesel

All lines start at 100 in January 2021. Over the period diesel is ahead of the truckload price index by 92.6 index points on the latest data. If fuel outruns what carriers receive, margins are squeezed unless surcharges fill the gap.

Freight prices and diesel since January 2021Long-distance truckload prices 142 in August 2026; All truck transportation prices 141 in August 2026; Diesel pump price 235 in September 2026 (index, January 2021 = 100)100120140160180200220240202120222023202420252026Index, January 2021 = 100Diesel 235Truckload 142All trucking 141
Sources: BLS via FRED (PCU484121484121, PCU484484); EIA weekly diesel averaged by month. Retrieved Oct 9, 2026. Not seasonally adjusted, nominal dollars.
  • Long-distance truckload prices
  • All truck transportation prices
  • Diesel pump price
Data table behind the chart (every 6th month, index January 2021 = 100)
Rebased values
MonthLong-distance truckload pricesAll truck transportation pricesDiesel pump price
Jan 2021100.0100.0100.0
Jul 2021109.5108.0124.6
Jan 2022135.7122.5138.9
Jul 2022139.6133.2204.7
Jan 2023128.1125.9170.7
Jul 2023122.3120.3144.8
Jan 2024122.5121.4143.8
Jul 2024130.1126.1142.1
Jan 2025124.3124.3135.6
Jul 2025123.8125.0141.0
Jan 2026124.1126.4131.4
Jul 2026139.5137.8184.9
Sep 2026no datano data234.7

Volume and jobs

The freight services volume index (BTS, seasonally adjusted) and employment in truck transportation (BLS, seasonally adjusted), same base month. Freight volume stood at 135.7 in July 2026 (-0.4% against January 2021); trucking employment at 1,473.1 thousand in September 2026 (-1.1%).

Freight volume and trucking jobs since January 2021Freight services volume 100 in July 2026; Trucking jobs 99 in September 2026 (index, January 2021 = 100)90100110202120222023202420252026Index, January 2021 = 100Freight volume 100Trucking jobs 99
Sources: BTS Transportation Services Index (TSIFRGHT) and BLS Current Employment Statistics (CES4348400001) via FRED. Retrieved Oct 9, 2026.
  • Freight services volume
  • Trucking jobs
Data table behind the chart (every 6th month, index January 2021 = 100)
Rebased values
MonthFreight services volumeTrucking jobs
Jan 2021100.0100.0
Jul 202197.6101.8
Jan 2022100.9104.6
Jul 2022100.6106.6
Jan 2023101.4106.6
Jul 2023101.1105.2
Jan 202499.3102.9
Jul 2024100.8101.1
Jan 2025101.2100.3
Jul 2025101.799.6
Jan 2026100.198.4
Jul 202699.698.5
Sep 2026no data98.9

The numbers in one table

Click a heading to sort.

Freight cost indexes, diesel, freight volume and trucking jobs: latest month and changes
SeriesLatest monthLatest valueSame month a year earlierChange in 12 monthsJan 2021 valueChange since Jan 2021Highest since Jan 2021
Producer Price Index by Industry: General Freight Trucking, Long-Distance Truckload
Index Dec 2003=100; PCU484121484121
Aug 2026207.6182.3+13.9%146.1+42.1%211.1 (Mar 2022)
Producer Price Index by Industry: Truck Transportation
Index Dec 2003=100; PCU484484
Aug 2026213.3191.1+11.6%151.8+40.5%213.3 (Aug 2026)
Diesel, U.S. retail, monthly mean of EIA weekly prices
dollars per gallon; EIA weekly file
Sep 2026$6.291$3.748+67.8%$2.681+134.7%$6.291 (Sep 2026)
Freight Transportation Services Index
Index 2000=100; TSIFRGHT
Jul 2026135.7138.5-2.0%136.2-0.4%139.3 (Mar 2026)
All Employees, Truck Transportation
Thousands of Persons; CES4348400001
Sep 20261,473.11,472.3+0.1%1,489.0-1.1%1,588.6 (Oct 2022)

Units differ by row: price indexes use Dec 2003 = 100, freight volume uses 2000 = 100, employment is in thousands of persons, diesel is dollars per gallon. Changes are percentages, so they compare. Latest months: long-distance truckload prices August 2026, all truck transportation prices August 2026, freight services volume July 2026, trucking jobs September 2026.

How to read the charts

  1. Start at 100

    Every line is set to 100 in January 2021, so a line at 130 is 30% above its January 2021 level. This lets series with different units share one chart. It says nothing about which level is "right".

  2. Compare slopes, not heights

    If diesel climbs faster than the truckload price index, the price carriers receive has not kept up with fuel. That is a market-wide signal, not a statement about your rates.

  3. Check the last point

    The newest month is the first one to be revised. Read the latest value as provisional.

What this number means

  • The truckload price index is -1.6% from its highest month since Jan 2021 (March 2022, 211.1). The all-trucking index is +0.0% from its high (August 2026).
  • A producer price index follows the price producers receive for the same service over time. It is built to hold the service constant, so it is a good guide to direction and a poor guide to the price of one load.
  • The freight services index counts freight moved across modes, not only trucks. It rises and falls with how much there is to haul, which affects who has pricing power.
  • Employment in truck transportation counts jobs on payrolls. It leaves out owner-operators who are not on a payroll, so it understates the number of people driving.

What to do about it

  • Put your own rate per mile for the same lane side by side with the price index for your last twelve months. If the index rose and your rate did not, that is the case to bring to your broker.
  • Check each rate confirmation for a fuel surcharge line. Compare how the surcharge moved against the diesel line on the chart.
  • Use the 12-month change as a sense check when a quote looks high or low, then ask for the lane-level numbers.
  • Read the series date before you quote a number. The newest month can be revised.

Questions

Is this the rate I should get per mile?

No. A producer price index follows the change in prices over time for trucking services in general. It does not give a rate for a lane, a load type or a season.

Why is the base month 2021-01?

The charts need one common starting month so lines with different units can be compared. January 2021 is our choice for readability. It is not an official base: the published bases are shown in the table.

Why do the lines end in different months?

Each source publishes on its own schedule. The latest months are long-distance truckload prices August 2026, all truck transportation prices August 2026, freight services volume July 2026, trucking jobs September 2026. Nothing is filled in for missing months.

Is the diesel line the same as the FRED diesel series?

No. It is the monthly mean of the EIA weekly U.S. on-highway diesel retail prices already used on the diesel page.

Can I use this to forecast rates?

No. These are past values. Nothing on the page is a forecast.

Where the numbers come from

See what your last 20 loads show.

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