Industry Insights
October 2025
By PGL
Welcome to the PGL Industry Insights report for October 2025
The national benchmark diesel price has fallen for a third straight week, down more than thirteen cents per gallon over that span. The decline marks one of the sharpest 3 week drops of 2025.
U.S. weekly rail volumes continue to fall compared to last year, led by declines in coal, grain, and intermodal shipments. The slowdown reflects broader freight softness across the economy as consumer demand levels out.
Despite a dip in truckload demand, tender rejection rates and spot rates remain high or are trending upwards, indicating that trucking capacity is leaving the market faster than demand is declining.
With the proposed peace plan for the conflict in Gaza, carriers are closely monitoring conditions in the Red Sea. Attacks on shipping since early 2024 have severely limited passage through the Suez Canal, and the end of fighting could mean a return for this shipping route.
That’s it for this month’s report. Subscribe to our channel to make sure you get the latest supply chain insights. As always, PGL will be here to keep you informed 24/7/365.
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