Saturday, October 31, 2026 · NorthStar Freight Brief

Diesel Jumps 7.6 Cents to $6.352 as Covenant CEO Eyes Double-Digit 2027 Rate Hikes

Diesel climbs to $6.352, Covenant forecasts double-digit contract hikes, Arkansas blitz targets English proficiency, and Mexico truckers pause their strike.

Diesel rose 7.6 cents last week to a $6.352 national average, squeezing margins for carriers without solid fuel surcharges.

Diesel Climbs Back Up

Source: EIA: Weekly U.S. diesel price, week of 2026-10-26

Covenant Sees Higher 2027 Contract Rates

Source: FreightWaves: Covenant Logistics CEO expects double-digit truckload rate hikes in 2027

Arkansas Blitz Targets Driver Compliance

Source: FreightWaves: Arkansas truck blitz nets 183 English violations, 44 arrests in 48 hours

Mexico Strike on Hold

Source: FreightWaves: Mexico truckers halt protests, demand action on deadly highway crime

Rail, Rates and Big Shippers

Source: FreightWaves: Schneider partners with Norfolk Southern; raises outlook despite Q3 miss · Supply Chain Dive: Fed holds main interest rate steady despite accelerating inflation · Supply Chain Dive: Walmart plans $400M Texas distribution center

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