Transportation providers should watch both coasts for increasing spring activity in March.
The current level of deterioration is historically fast, meaning the truckload market has the increasing potential to flip to a much tighter environment without much notice.
Spot rates were 22 cents higher from July 2020 to February of 2022 — the pandemic era.
Lagging effects of the pandemic are still making evaluating the economy a challenge.
The domestic truckload market gets rattled by a series of winter weather systems.
Flatbed and refrigerated truckload data suggests their markets may have floored for these two trailer types.
The data does suggest that the supply of capacity and demand for its use is moving back toward equilibrium at a relatively fast clip.
Shippers are bucking history and giving carriers more time to pick up their freight in a relatively soft market. What could be causing this and will it stick?
Shippers are reverting to pre-pandemic shipping patterns, which may exacerbate the next freight market shift.
The Logistics Managers’ Index has done a great job of explaining freight market capacity shifts over the past several years. The last few months are painting a picture of a market that is racing toward a correction.
After a relatively easy year for shipping and rightsizing inventories, shippers may have set up a holiday season in which expedited shipments become more prevalent.
The overall freight transportation market may be soft but the natural imbalance in the flow of freight is still able to create pockets of tightness.
The return of intermodal shipping could accelerate truckload capacity’s exodus.
It may not seem or read like it, but the trucking market is slowly tightening. The question is how much time till it is noticeable?
Spot and contract rates have stabilized with an unnaturally large gap between them. Is this sustainable or just a pause before the fall?
Sharply increasing fuel costs may exacerbate the carrier exodus this winter.
Removing future threats to demand, the refrigerated truckload sector supports the thesis that the truckload market has hit a floor.
FreightWaves latest SONAR data addition suggests a wave of truckload capacity exits is coming this winter.
National truckload tender rejections topped 4% for the first time since the holiday season last year. Is this a sign that the trucking market is turning the corner?
As companies are shifting their sourcing and logistics networks, it is changing the way transportation providers will have to manage their own businesses.
