The East and Gulf Coast ports continue to take market share from the largest West Coast ports, which had a challenging March.

Port Houston reported strong imports after a soft January as general cargo tonnage represented nearly 40% of total import tonnage in the month.

The initial shock factor is waning and ocean spot rates are losing momentum across the globe.

The CEO of the Port of Long Beach boss cited restocking ahead of the Lunar New Year as the driver for import growth in January.

Spot-exposed carriers are likely to see a boost to their Q1 2024 financials.

Port director Gene Seroka cited replenishing inventory and consumer spending as drivers of growth.

Hopes for a significant rebound in Panama Canal water levels to boost throughput will likely be met with a harsh reality over the next few months.

Freight volumes continue to trend sideways, which is a positive sign overall as the 15th of July traditionally marks a time for slowing demand in the freight market.

Forwarding income from operations was nearly cut in half and truckload prices to customers fell by double digits year over year.

Hurricane Ian boosted spot rates in the southeast over the past 10 days, but as rejection rates and volumes decline, when will spot rates on a national level take another step lower.

Contract and spot rates continue their downward trend despite volume levels and rejection rates flattening out…

Robinson’s NAST revenue rises despite LTL volume declines and modest TL growth.

El beneficio por acción del 3PL aumentó un 85,4% interanual hasta los 2,67 dólares

Spot rates continue the rapid descent as truckload capacity continues to loosen rapidly. At the same time, accepted tender volumes turn…

Tender rejection rates are rapidly headed toward single digits, causing spot rates to resemble a black diamond slope rather than the bunny…

Both tender volumes and tender rejection rates take a breather over the past week. It’s too early to be called a trend but definitely…

Tender volumes recover most of last week’s decline while rejection rates continue their slow downward trend despite contract rate increases…

Tender volumes take a February nap, sliding 4% over the past week while rejection rates were flat despite weather affecting certain markets..

Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…

Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…

Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…

Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…

Tender volumes continue to outperform year-ago levels. Rejection rates are continuing to rise in a unseasonable pattern placing pressure…

Rates reach new highs as capacity was slow to return to the road following the holidays. Tender volumes are soaring as demand is unrelenting…

Truckload volumes are beginning to erase holiday noise associated with Christmas and New Year’s. Rejection rates are staying elevated…

After a year of record revenue, carriers are staying of the road during the holiday weeks, holding rejection rates higher for longer…

Rejection rates are now back above 22%, the highest level since early September. Pricing power moved further to carriers despite the holiday related tender volume collapse.

Rejection rates have surged past the 21% level on the national level. Meanwhile, volumes have turned positive year-over-year. The combination of tightening capacity and stronger demand is placing upward pressure on rates.

Volumes turn downward heading into the Christmas week while rejection rates have rebound back above 20%. Carriers still maintain a firm grip on pricing power in the market.

Volume levels are following a similar trend to 2019, just 40% higher. Tender rejection rates are trending sideways, likely to move higher over the next week.

Tender volumes decline but remain elevated compared to ‘normal years’ meanwhile rejection rates have found footing around 20%.

Tender volumes decline but remain elevated compared to ‘normal years’ meanwhile rejection rates have found footing around 20%.

Tender volumes have started to erase the Thanksgiving noise. At the same time, rejection rates have plateaued around the 20% mark.

Thanksgiving noise continues to mask freight volumes, but that noise will be erased in the upcoming days. Meanwhile, Thanksgiving drove spot rates higher over the past week.

Thanksgiving always leads to a sharp decline in tender volumes. Leading into Thanksgiving freight markets experienced an uptick in accepted volumes.

Spot rates didn’t experience the uptick that rejection rates did last week. Thanksgiving is impacting both freight volumes and capacity.

Rejection rates have accelerated over the past week as drivers start to come off the road for the holiday.

Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels.

Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels.

Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels. Tightness in Southern California will put upward pressure on rates.

Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels. Tightness in Southern California will put upward pressure on rates.

Tender volumes rebound as tender rejection rates jump back over 20%. Meanwhile, spot rates break the three-week downward decline.

Load volumes are stable with volume growth inbound. Spot rates follow rejection rates on a downward slide.

Biesterfeld expects the capacity-constrained environment to continue.

Load volumes are stable with volume growth inbound. Spot rates follow rejection rates on a downward slide.

Freight volumes in the largest markets are starting to accelarting, signaling the start of the peak truckload season.

Freight volumes in Southern California are starting to ramp, signaling the start of the peak truckload season.

Elevated accepted tender volumes and rates signal that carriers are maintaining pricing power. Truckload capacity constraints are easing as contract rates climb.

Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.

Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.

Spot rate snap back signals that carriers are firmly in the driver seat with regards to pricing power.

In this sensitive market, small changes to the balance have deep, long lasting impacts.

In third-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported record gross revenues, which grew by […]

In second-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported gross revenues fell by 7.1% on […]