WASHINGTON - Jun 26/14 - SNS -- The weekly diesel price provides a proxy for trends in U.S. truck rates, according to the USDA.
Diesel fuel is a significant expense for agriculture commodity movements by truck, accounting for 37% of the estimated variable cost.
Retail On-Highway Diesel Prices to June 23 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.985 0.024 0.149 New England 4.102 0.014 0.118 Central Atlantic 4.071 0.019 0.169 Lower Atlantic 3.893 0.030 0.135 II Midwest 3.875 0.040 0.028 III Gulf Coast 3.813 0.043 0.073 IV Rocky Mountain 3.913 0.021 0.077 V West Coast 4.053 0.059 0.090 less California 3.973 0.070 0.094 California 4.119 0.050 0.084 Total U.S. 3.919 0.037 0.081
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.