Trucking congestion costs hit record $94.6B
Inflation, higher cargo volumes and diesel prices fueled a spike in congestion costs for trucking companies, according to new data from ATRI.
Inflation, higher cargo volumes and diesel prices fueled a spike in congestion costs for trucking companies, according to new data from ATRI.
The shaky U.S. economy occupied the No. 1 spot for motor carriers in the latest American Transportation Research Institute survey of top trucking issues revealed by ATRI President Rebecca Brewster.
Practically every retail chain in the U.S. has been sounding the alarms on external theft. It’s not as simple as it seems.
Trucking companies are fleeing the market and volumes are starting to rebound. This is good for the freight industry.
Small trucking companies are taking over the industry. Decades of global and domestic policies have made this happen.
The latest data from WarehouseQuote indicates retailers have ho-hum expectations for the holiday season.
A number of consumer-facing companies have pointed to intensifying spending weakness during Q2 earnings season.
For the first time since freight sentiment index inception, shippers are the least positive group. Does that mean the market is balancing?
The two largest home improvement retailers cut their full-year sales guidance in Q1, a rarity; many other retailers also pointed to intensifying pressure on Americans’ ability to spend money as the year has progressed.
The Q2 Freight Sentiment Indexes show carriers lower, brokers higher and shippers about the same despite ample pricing power.
U.S. box shipments are declining at their fastest rate since the worst of the Great Financial Crisis, with trends having deteriorated as the first quarter progressed, according to the third-largest North American containerboard producer.
A large European pulp and paper company issued a profit warning as “the whole packaging market is currently weakening.”
The first freight sentiment indexes in 2023 show eroded near-term freight market expectations but signs of a more balanced landscape on the way.
A recent FreightWaves Research survey found strong consensus among carriers and brokers/3PLs that spot rates are still a few months from hitting bottom, but that they’ll start to climb again in the second half of 2023.
Most politicians are clueless about supply chains, so it’s a shame when industry veteran Mike Erickson runs for Congress and pins inflation on ocean carriers.
If you’re an owner-operator, chances are that money-wise 2021 felt pretty good to you. Has 2022 been quite as generous?
FreightWaves founder and CEO Craig Fuller assesses the potential for a “great purge” in trucking fleets.
FreightWaves founder and CEO Craig Fuller analyzes the bullwhip effect on the current retail and trucking environments.
The air cargo market has lost some steam from 2021 but is still going strong, according to the airline trade group IATA.
The International Air Transport Association’s chief economist points to mixed signals for the economy and air cargo activity.