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Rates Cooled in June, but They're Still 17% Above Last June.Latest issue · June 29, 2026

Rates Cooled in June, but They're Still 17% Above Last June.

The blended median eased 4.3% to $4.94 a mile, but the dip is a fuel story, not a demand story: every commodity group moved down in lockstep as diesel fell 12.5% in a single month to $4.83 a gallon. The fragile Iran ceasefire framework is pulling fuel and rate floors lower together, yet rates are still running 17.1% above last June, with corn, the Midwest, and South Central all cooling off a hot spring.

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