Carriers maintain pricing power as rejection rates rise for the holidays
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.
Carriers not giving up pricing power during the holiday season
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.
Rates trending higher on dense lanes signal carrier maintain pricing power
Tender volumes decline but remain elevated compared to ‘normal years’ meanwhile rejection rates have found footing around 20%.
Carriers hold on to power as rates increase again
Tender volumes decline but remain elevated compared to ‘normal years’ meanwhile rejection rates have found footing around 20%.
Thanksgiving noise gone, difficult capacity conditions continue
Tender volumes have started to erase the Thanksgiving noise. At the same time, rejection rates have plateaued around the 20% mark.
Thanksgiving drives spot rates higher
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 noise masks where freight market stands
Thanksgiving always leads to a sharp decline in tender volumes. Leading into Thanksgiving freight markets experienced an uptick in accepted volumes.
Thanksgiving week means tighter capacity and higher volume levels
Spot rates didn’t experience the uptick that rejection rates did last week. Thanksgiving is impacting both freight volumes and capacity.
Holiday impacts starting to hit truckload market
Rejection rates have accelerated over the past week as drivers start to come off the road for the holiday.
Capacity tightening ahead of Thanksgiving week
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels.
Shippers should be hesitant to push down rates just yet
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels.
Sluggish November start, but shippers haven’t taken back pricing power
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.
November starts slow, but elevated levels keep pricing power with carriers
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.
Freight markets find stability during final week of October
Tender volumes rebound as tender rejection rates jump back over 20%. Meanwhile, spot rates break the three-week downward decline.
Conditions have improved, still remarkably difficult heading into peak season
Load volumes are stable with volume growth inbound. Spot rates follow rejection rates on a downward slide.
C.H. Robinson smashes estimates, takes advantage of constrained environment
Biesterfeld expects the capacity-constrained environment to continue.
Shippers claw back some pricing power but rates are still elevated
Load volumes are stable with volume growth inbound. Spot rates follow rejection rates on a downward slide.
Large markets gaining steam ahead of peak season
Freight volumes in the largest markets are starting to accelarting, signaling the start of the peak truckload season.
Southern California strength places pricing power with carriers
Freight volumes in Southern California are starting to ramp, signaling the start of the peak truckload season.
Carriers firmly grasp pricing power as volume levels slide
Elevated accepted tender volumes and rates signal that carriers are maintaining pricing power. Truckload capacity constraints are easing as contract rates climb.