Key Takeaways

• Fuel is the most visible freight cost this year, but it is one line in a carrier’s cost stack, and the lines that moved alongside it matter as much to a steel buyer as the pump price does.
• Insurance and financing both moved against carriers this year, and one rate decision in September changed the cost of every tractor and trailer purchase made since.
• Imported steel faces a separate set of freight and insurance costs, and the gap between domestic and offshore delivered prices depends on figures most buyers do not track.

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