Even though the result made for the busiest December since the index’s inception in 1996, it still came on a month-to-month decline of 18.4 percent. This follows a typical seasonal pattern, according to a press release, and the decrease is especially severe because of a robust November. Volume has dropped from November to December by an average of 13 percent over the past 10 years.
Van freight in December, year over year, increased by 13.1 percent, refrigerated levels stayed flat and flatbed volume fell by 7.3 percent. Compared with November on a month-over-month basis, all three of these equipment types showed declines.
Overall, rates stayed mostly flat or dropped, with van, reefer and flatbed rates showing year-over-year growth of 0.8 percent, -2 percent and -7.3 percent, respectively. – Jon Ross
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now