Contract market contracts, squeezing larger carriers
Contrary to popular opinion, December is not a peak season for freight. True, the freight that needs to be moved in this month typically has greater urgency than usual, which does put upward pressure on carrier rates. But peak truckload volumes are largely influenced by maritime imports, which historically peak between July and September.
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.