Volumes have recovered faster than many expected leading to many transportation companies posting earnings beats in Q2. There are no signs of slowing into August.
Chart of the Week: Total Rail Carloads, Chemical Rail Carloads, Motor Vehicle Rail Carloads – USA SONAR: RTOTC.USA, RTOCH.USA, RTOMV.USA The latest rail carload data is showing that the industrial side of the economy, which is the backbone for a large amount of freight movement in the U.S., has finally started to recover after hovering on the […]
Companies are cramming warehouses full of freight as they change their supply chains to better suit the post COVID-19 world. Trucking capacity tightens as a result.
The erratic nature of the economic recovery has dramatically changed shipping behavior, which has strained carrier networks.
Capacity is almost as tight as it was during the panic buying inspired March. Could it get tighter?
Southern California has become the hot spot for freight in the post COVID-19 freight market. Could it be the region to tell us what’s next?
A decline in contract rates that were implemented prior to the COVID-19 outbreak may make this year tighter for carriers.
A lot of the recent struggles for carriers originated in what many consider to be the most profitable year.
Produce season has arrived, pushing rates higher than 2019 in many areas. Will this impact the rest of the country’s capacity?
Freight moving long distances in May might lead to a strong summer peak.
Imports of nondurable goods are outperforming durable goods imports this month, which may indicate warehouses are full of their durable counterparts due to lack of demand.
Chart of the Week: Outbound Tender Volume Index– USA SONAR: OTVI.USA After experiencing one of the most volatile periods in history over the past two months, freight market volumes have recovered to February levels in the past week. February is not a great month for freight traditionally speaking but considering a month ago volumes were running 15-20% […]
Reefer capacity has started to show early signs of tightening after experiencing the loosest conditions in years in April. Will van capacity follow suit?
Chinese imports have fully recovered. Does this mean the domestic trucking market will see a similar outcome?
Many expected a worse outcome for carriers in March as a result of the COVID-19 outbreak. Ironically, the pandemic may have padded some 1Q results.
Carriers are getting more notice to pick up loads. Is this a result of Amazon relaxing their service expectations?
The maritime shipping companies have been able to increase their rates amidst the COVID-19 induced shut down. Is this a sign of things to come for domestic carriers?
Even as freight volumes surged to record levels in March, drivers spent less time driving.
Air cargo rates spike in the wake of the coronavirus outbreak. Medical supplies are in high demand while much of the air capacity is grounded.
Trucking capacity is the tightest it has been in 17 months thanks to the surging volumes, but all signs point to this being a short-lived event.
