Diesel just bought you three weeks

Survey says!

Author

Reed Loustalot
June 05, 2026

TRUCK PARKING CLUB

Friday Bulletin • June 5, 2026

Good Morning Truck Parking Club Members,

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The Big Thing

Diesel Just Bought You Three Weeks. Don't Get Fooled.

Tuesday morning, Brent crude jumped $4.71 in one day to $101.36 a barrel. The Strait of Hormuz has been closed to commercial traffic since February 28. About 20% of the world's daily oil supply normally moves through it. Most of that has not moved in three months.

The pump tells a different story. Diesel dropped to $5.35 a gallon for the week ending June 1. Third straight weekly decline from the early-May high of $5.640. If you read only the pump price, things look like they are getting better.

They are not. They are lagging.

Diesel trails crude by two to three weeks. The drop from $5.640 to $5.35 reflects a brief late-May pullback in crude, when peace talks were rumored. Those talks failed. Crude reversed. Diesel has not caught up yet. It will.

On June 1, oil industry analysts told OPEC that Strait of Hormuz disruption will last through the end of 2026 even if the waterway reopens immediately. Middle East oil flows will not fully recover until well into 2027. EIA projects Brent at $106 a barrel through June. The full-year 2026 diesel forecast is $4.76, but the Q2 average is $5.36. The real relief is back-half of this year and into 2027. Not next week.

What this means for you.

The pump decline is a window, not a trend. If your fuel surcharge resets weekly off the EIA number, your reimbursement is already moving against you. If you run spot loads at all-in rates, you are the one eating the increase. The market is tight enough right now that drivers and owner-operators have leverage they did not have a year ago. Renegotiate before the next print.

The $6 line matters. Industry analysts say if diesel holds above $6, six to ten thousand small carriers could exit the market in 2026. The capacity going away is the same capacity that held spot rates down the last three years. More exits means higher rates for the carriers who survive. The trip from $5.35 to $6.00 decides whether the next twelve months are good for you or final for you.

The hidden tax is wasted miles. At $5.35 a gallon, an hour of idling burns about $5 of fuel. An hour of unplanned reroute burns much more. The driver who plans around a guaranteed parking spot does not pay that tax. The driver who guesses pays it twice. 80,000+ reservable spaces in this network. Use them.

The good news. Spot rates are at all-time highs. The broker market is repricing after the SCOTUS ruling. The compliance crackdown is pulling unsafe capacity off the road. All three are running with you, not against you. The question is not whether the market is moving in your favor. It is. The question is whether you have the cost discipline to keep what it is sending you.

The three-week diesel window is closing. Renegotiate, reroute, reserve.

The next print is probably going to hurt.

Stay Off The Ramp

You shouldn't have to choose between a highway ramp and a HOS violation. Thousands of drivers make that call every night. We built Truck Parking Club so you don't have to.

Use code ramp25 for $25 off any daily booking at any of our 5,300+ locations. Find a real spot tonight.

Shell Rotella Promotion

New: Earn up to $100 in Club Cash with Shell Rotella oil change!

Follow the directions at the link below to receive up to $100 in Club Cash from Truck Parking Club when you purchase a minimum 11-gallon Shell Rotella® Synthetic heavy duty diesel engine oil change at participating locations. Offer ends June 30, 2026. Terms apply.

The only woman competing at Texas Truck Driving Championship

Quick Hits

Super Trucker Membership — $9.99/month

Unmatched flexibility + brand new features, right at your fingertips.

  • 5 refunds per month (cancel before booking starts, money goes to Club Cash)

  • 5 free booking date changes per month

  • 5% Club Cash on every purchase (up from 1%), up to $50/month

  • Access to Truck Navigation with every booking

  • MORE BENEFITS TO COME!

Property Members: Free Signage & Access Controls

Need signage for your lot? Have an automated gate you want connected to our app? We cover it.

News

FedEx Freight Begins Trading as Independent Company FedEx Freight Holding Company completed its spin-off from FedEx Corporation on Monday, June 1, and began trading on the NYSE under ticker FDXF. The new company is the largest pure-play LTL carrier in North America, with more than 26,000 service center doors and an expected 2026 revenue of $8.7 billion. It will join the S&P 500 and the Dow Jones Transportation Average. FedEx Corp kept a 19.9% stake which it plans to divest within 24 months. For LTL shippers, the move sharpens competition with XPO, Saia, and Old Dominion. For drivers, the structural question is whether an independent FedEx Freight invests differently in its network, its terminals, and its driver base than it did as a division of an overnight delivery company. Read more on CCJ

Diesel Falls a Third Straight Week, but Oil Is Reversing The national average for on-highway diesel dropped to $5.35 per gallon for the week ending June 1, the third straight weekly decline from the early-May high of $5.640. The relief may not last. Brent crude closed at $101.36 per barrel Tuesday, June 3, up $4.71 in a single day and roughly $35 higher than this time last year. The U.S. Navy blockade of Iranian ports continues, the Strait of Hormuz remains constrained, and the EIA projects Brent to stay near $106 through June. Diesel typically lags crude by two to three weeks. If you locked in fuel surcharges based on the May trend, get ready to renegotiate. Read more on EIA

Love's Has Added 870 Truck Parking Spaces in 2026. The Math Still Does Not Work. Love's Travel Stops opened a new store in Truth or Consequences, New Mexico, and reopened two remodeled locations in Indiana and Texas. The expansion brings Love's 2026 year-to-date addition to 870 truck parking spaces, on the way to a planned 1,500 by year-end and a network total above 52,000 by December. The company is investing $700 million in 2026 alone to make that happen. The country is short roughly 1.7 million truck parking spaces. At $100,000 to $200,000 per new space built from scratch, even Love's at its current pace cannot close more than a fraction of the gap. This is exactly why Truck Parking Club exists. The fastest path to solving the shortage is not new construction. It is connecting drivers to the 80,000+ reservable spaces already on properties suitable for trucks, and adding the next 80,000 the same way. The math on conversion beats the math on construction every time. Read more on CDLLife

Texas Resumes Non-Domiciled CDL Issuance for Agricultural Workers Texas DPS announced it will resume issuing non-domiciled CDLs and learner permits to temporary agricultural workers beginning June 1. The state had paused the practice in response to the FMCSA's March final rule on non-domiciled CDLs, then created a narrow exception for H-2A visa holders working in agriculture. The decision pulls in two directions at the same time. The federal direction since March has been to tighten non-domiciled licensing across the board. The state direction in agricultural producing states is to keep harvest moving. Expect this tension to keep producing state-by-state policy drift for the rest of the year. Read more on CDLLife

The Walcott Truckers Jamboree -- July 9-11

The 48th Annual Walcott Truckers Jamboree returns to the Iowa 80 Truckstop off I-80, Exit 284 in Walcott, Iowa. Last year's event drew over 45,000 people.

This year features the Super Truck Beauty Contest, antique truck display, Trucker Olympics, Iowa pork chop cookout, fireworks at 9 PM, and live music all three days. Admission and parking are free.

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