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Diesel prices play a pivotal role in overall profitability for owner-operators. With prices trending lower in recent months (as shown in the graph below), drivers are seeing relief in one of their biggest operational expenses. Lower fuel costs mean higher take-home earnings and greater opportunities to optimize operations.

Intermodal offers additional cost-saving advantages by reducing mileage, wear and tear on trucks, and empty miles, while providing access to consistent freight opportunities. This blog explores how lower diesel prices benefit owner-operators and how intermodal trucking amplifies these advantages.

Source: https://www.eia.gov/petroleum/gasdiesel/

Lower Diesel Prices and Their Impact on Trucking
Diesel prices are currently at some of their lowest levels in years, providing much-needed relief to truck drivers by significantly reducing one of their largest operating expenses. However, long-term profitability in trucking involves more than just fuel savings—it also depends on effectively managing operational costs.

Intermodal trucking complements these savings by integrating rail and truck transport. This approach minimizes empty miles, reduces equipment wear and tear, and improves freight movement efficiency. These advantages help drivers maximize earnings and sustain profitability, even in a low-fuel-cost environment.

Understanding the data
As shown in the graph, diesel prices have steadily declined throughout 2024, resulting in notable savings for drivers across the United States. California, historically known for its high fuel costs, has seen prices drop from approximately $5.40 per gallon in January to $4.66 per gallon in November—a nearly 14% reduction. Meanwhile, the Midwest and Gulf Coast regions, which generally have lower fuel costs, now average $3.47 and $3.15 per gallon, reflecting year-over-year declines of 10–12%.

The U.S. average diesel price is currently $3.49 per gallon, a decrease of $0.72 per gallon compared to the same time last year. These lower prices directly reduce operating costs, making each mile driven more profitable for owner-operators.

When paired with intermodal trucking’s efficiencies—such as reduced mileage and minimized equipment maintenance—these savings create even greater opportunities for profitability.

Why Now Is the Perfect Time for Intermodal Trucking
Low diesel prices create an ideal environment for maximizing profitability, but market trends are never guaranteed to stay the same. By adopting intermodal trucking, drivers can lock in additional savings and create a buffer against potential future price increases.

Whether it’s cutting back on fuel use, reducing wear and tear on equipment, or benefiting from reliable and steady freight lanes, intermodal trucking offers a smart, sustainable way to boost profitability in any market condition. Now is the time to take advantage of this unique combination of low fuel costs and intermodal benefits to secure long-term success.