Truckload Indexes

Tender rejection rates suffered the largest weekly decline in the past 6 weeks while tender volumes are being impacted by the holiday weekend

Tender volumes closed August higher, up 3.13% year over year. A slight rise in rejection rates before Labor Day was still below July peaks.

FreightWaves’ State of Freight webinar suggests U.S. consumers could help boost the freight marketplace during the holidays.

Tender volumes increased over the past week, while tender rejection rates remained unchanged. The next week will be important for the direction of the freight market in the fourth quarter.

Tender volumes started to gain a little positive momentum over the past week while tender rejection rates inched slightly lower…

The freight market is fairly stable to start August as spot rates and tender rejection rates experienced little change week over week…

Spot rates moved slightly higher in the final week of July, while rejection rates and volume levels continued to retreat from recent highs.

Before the U.S. Marine Corps veteran, lawyer and author of Hillbilly Elegy was a contender for VP, Vance took the national spotlight as one of three Senate Republicans and three Senate Democrats to introduce The Railway Safety Act of 2023.

Spot rates have retreated off their recent high, but remain elevated compared to the rest of the year while demand and rejection rates are following seasonal trends.

Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.

The freight market is appearing to stabilize at higher levels after the Fourth of July, setting up for a better second half of 2024.

FreightWaves’ State of Freight webinar suggests we’ll see more trucking companies leave the market in 2024, creating more equilibrium between shippers and carriers.

The freight market was more reactive to the Fourth of July holiday than the year prior, but capacity has been quick to return to the road.

Volumes, rejection rates and spot rates remain elevated, setting the stage for the summer months.

Volumes, rejection rates and spot rates remain elevated following the Memorial Day holiday, setting the stage for the summer months.

FreightWaves’ State of Freight webinar for March highlighted signals that the commercial transportation market is moving in a positive direction.

Even as carriers’ pricing power deteriorated, freight demand was consistently robust throughout February.

Regulators have imposed new billing standards on ocean carriers that shippers consider a “major step” toward eliminating abuse.

The early stages of this recovery are characterized by a rebalancing market, a return to normalcy after a four-year roller coaster of volatility.

$2 billion in fines and expenses from emissions-rigging slammed Cummins’ Q4 profit in a year of record revenues and cash generation.