EPISODE · Aug 26, 2025 · 6 MIN
The Daily | August 26, 2025
from FreightWaves NOW · host FreightWaves
The benchmark diesel price, which has now declined for a fifth consecutive week, reaching $3.708/gallon for a total drop of 10.4 cents since late July. This downward trend is linked to relative oil price stability, even as Midwest refinery issues impact gasoline prices without significantly affecting diesel. Korean Air has made a significant order for eight Boeing 777-8 freighter aircraft, part of a larger $50 billion deal that helps Boeing compete with Airbus in the next-generation widebody freighter market. This strategic acquisition highlights a push for efficiency in air cargo, as the new freighters promise 30% better fuel efficiency and 25% lower operating costs per ton. The rail merger debate heats up as CPKC advocates against further Class I rail consolidation, asserting that such mergers are unnecessary and could trigger an undesirable industry restructuring. Instead, CPKC champions interline partnerships, citing its collaboration with CSX on the Southeast Mexico Express service as an example of achieving benefits without integration risks. The Department of Transportation's (DOT) warns California, New Mexico, and Washington, threatening to withhold millions in federal highway funds for allegedly failing to enforce federal English proficiency standards for truck drivers. This action follows a fatal accident involving a driver with reported language issues and a history of non-compliance, with states given 30 days to rectify the situation. Explore the Trump administration's challenge to California's Clean Truck Check (CTC) rule, with the EPA proposing to disapprove its application to out-of-state trucks due to concerns about the Commerce Clause and the Clean Air Act. While the rule remains in effect for California-based vehicles, the California Air Resources Board (CARB) views the EPA's move as illegal interference, signaling a potential legal battle over state versus federal authority. Also don't miss the FreightWaves Q3 2025 Carrier Rate Report, sponsored by Trimble, offering a comprehensive review of Q2 performance and forecasts for the coming months. This valuable resource combines carrier survey responses with SONAR data to provide essential intelligence for strategic planning, covering supply, earnings, and demand forecasts. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The benchmark diesel price, which has now declined for a fifth consecutive week, reaching $3.708/gallon for a total drop of 10.4 cents since late July. This downward trend is linked to relative oil price stability, even as Midwest refinery issues impact gasoline prices without significantly affecting diesel. Korean Air has made a significant order for eight Boeing 777-8 freighter aircraft, part of a larger $50 billion deal that helps Boeing compete with Airbus in the next-generation widebody freighter market. This strategic acquisition highlights a push for efficiency in air cargo, as the new freighters promise 30% better fuel efficiency and 25% lower operating costs per ton. The rail merger debate heats up as CPKC advocates against further Class I rail consolidation, asserting that such mergers are unnecessary and could trigger an undesirable industry restructuring. Instead, CPKC champions interline partnerships, citing its collaboration with CSX on the Southeast Mexico Express service as an example of achieving benefits without integration risks. The Department of Transportation's (DOT) warns California, New Mexico, and Washington, threatening to withhold millions in federal highway funds for allegedly failing to enforce federal English proficiency standards for truck drivers. This action follows a fatal accident involving a driver with reported language issues and a history of non-compliance, with states given 30 days to rectify the situation. Explore the Trump administration's challenge to California's Clean Truck Check (CTC) rule, with the EPA proposing to disapprove its application to out-of-state trucks due to concerns about the Commerce Clause and the Clean Air Act. While the rule remains in effect for California-based vehicles, the California Air Resources Board (CARB) views the EPA's move as illegal interference, signaling a potential legal battle over state versus federal authority. Also don't miss the FreightWaves Q3 2025 Carrier Rate Report, sponsored by Trimble, offering a comprehensive review of Q2 performance and forecasts for the coming months. This valuable resource combines carrier survey responses with SONAR data to provide essential intelligence for strategic planning, covering supply, earnings, and demand forecasts. Learn more about your ad choices. Visit megaphone.fm/adchoices
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The Daily | August 26, 2025
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