Driver exits could extend capacity crunch
As trucking capacity tightens and spot rates rise, driver turnover increases. Are some of them leaving the industry for good?
As trucking capacity tightens and spot rates rise, driver turnover increases. Are some of them leaving the industry for good?
Hurricane Laura hit at a time when trucking capacity is unusually tight, a fact that may hinder the recovery efforts.
Freight is getting crammed into the U.S. West Coast as fast as carriers can pick it up. How long will it last?
The last time capacity tightened to this level, capacity flooded the trucking space. Will the same outcome occur in 2020?
Wait times have fallen as as shippers compete for capacity. What is the connection between capacity and detention?
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.