Key US lane shows soft freight market still vulnerable to shipping imbalance
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 overall freight transportation market may be soft but the natural imbalance in the flow of freight is still able to create pockets of tightness.
Domestic manufacturers fail to inspire optimism, since they foresee major headwinds on output in the first half of 2024.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
FreightWaves CEO Fuller talks Convoy collapse and why things aren’t improving for carriers.
The return of intermodal shipping could accelerate truckload capacity’s exodus.
The upcoming months are littered with major holidays during which carriers can leverage seasonal constraints on capacity for higher spot rates.
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?
Outside of the holiday rush periods, the fundamental lack of freight demand will continue to expose the lingering overcapacity in the market.
Given the surplus of available capacity, shippers are more confident in switching to “just-in-time” freight strategies as consumer resilience remains an open question.
Spot and contract rates have stabilized with an unnaturally large gap between them. Is this sustainable or just a pause before the fall?
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
Sharply increasing fuel costs may exacerbate the carrier exodus this winter.
In this month’s State of Freight webinar, FreightWaves CEO Craig Fuller reviews data that shows a stronger market than rates and rejections might suggest.
By next week, it is likely that actual freight flow will have finally risen on a yearly basis for the first time since May 2022.
FreightWaves, the leading provider of freight market intelligence, and Decision Spot, a provider of strategic supply chain planning and design software, are pleased to announce a partnership to integrate FreightWaves SONAR TRAC Spot Rates into Decision Spot’s platform.
Consumer demand during the holiday season is expected to be relatively soft, which should temper expectations for a red-hot peak season in truckload markets.
Dozens of household names are already using this new way to book trucking capacity in a way that reflects the larger market.
Perhaps the most pressing question for both freight markets and the broader economy is how the consumer will fare in the coming months.
Removing future threats to demand, the refrigerated truckload sector supports the thesis that the truckload market has hit a floor.
Rejection rates gathered some promising momentum in the run-up to Labor Day, though these gains are slowly being lost.