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SONAR Analyst Reports

For freight companies, this year’s peak will be weak

FreightWaves founder and CEO Craig Fuller provides insight into 2022’s peak season.

Truckload market loosens again as tender rejections touch new low

Contract rates still face downward pressure, especially for live/live loads.

Subseasonal trucking market still soft and loose

Less than 6% of all truckload shipments in the U.S. are currently being rejected.

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The Cost Of Diesel

Lockdown In China

Russia's Invasion Of Ukraine

Company Earnings

Bankruptcies and Layoffs

Falling freight rates shutter Iowa trucking company after 24 years

Family-owned Mid Continent Trucking of Denison, Iowa, notified drivers and employees recently that after 24 years, the refrigerated carrier was ceasing operations two days after Thanksgiving because of worsening economic conditions and tumbling freight rates.

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Chart of the Week

Fuel price spread favors large fleets

Fuel costs are a huge cost component of operating a trucking business. Small operators are at a significant disadvantage in the current market thanks not only to declining demand but fuel price volatility.

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