Truckload volumes are beginning to erase holiday noise associated with Christmas and New Year’s. Rejection rates are staying elevated…
Zach Strickland and Anthony Smith welcome in the new year on this first episode of Freightonomics for 2022.
Among Thursday’s notes: TRAC rates from Detroit to Atlanta level out, intermodal spot rates from LA to Chicago decline 27.4%, and more.
Among Wednesday’s notes: Spot rates increase from Rock Island to Dallas, Chicago to LA solid for carriers, and more.
Among Tuesday’s notes: Outbound tender volumes up in Louisville, Chicago market expected to tighten, and more.
After a year of record demand, shippers are hesitant to pull their feet off the accelerators heading into the “slow” season.
After a year of record revenue, carriers are staying of the road during the holiday weeks, holding rejection rates higher for longer…
Among Thursday’s notes: Tender rejection volatility in KC, capacity tightening in Atlanta, more.
Among Wednesday’s notes: TRAC van spot rate from Atlanta to Cleveland reaches monthly high, van rejection rates soar across Rust Belt, and more.
Rejection rates are now back above 22%, the highest level since early September. Pricing power moved further to carriers despite the holiday related tender volume collapse.
Among Tuesday’s notes: TRAC rates facing upward pressure on Atlanta-to-Lakeland lane, tender rejections reach record levels from Detroit to Chicago, and more.
Among Thursday’s notes: Tight capacity in Lakeland, rejection rates jump in Jacksonville, and more.
Among Wednesday’s notes: Plan for service disruptions out of Denver, Headhaul Index in Columbus falls slightly, and more.
Rejection rates have surged past the 21% level on the national level. Meanwhile, volumes have turned positive year-over-year. The combination of tightening capacity and stronger demand is placing upward pressure on rates.
Among Tuesday’s notes: Volume imbalance growing in Dallas, reefer rejection rates out of Pendleton above 60%, and more.
Among Monday’s notes: Pittsburgh outbound tender volumes up 10%, rejection rates climb in Memphis, and more.
After a year and a half of predictive misses, procurement teams and supply chain managers are in need of Lithium to help treat their bipolar ordering behavior.
Volumes turn downward heading into the Christmas week while rejection rates have rebound back above 20%. Carriers still maintain a firm grip on pricing power in the market.
Among Friday’s notes: High TRAC rates for Dallas to Detroit, Headhaul Index in Harrisburg up 7%, and more.
Among Thursday’s notes: St. Louis displaying strong movement; Seattle market becoming attractive, and more.
