One last leg up before the new year?

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Outbound tenders have declined materially since Thanksgiving. Trucking capacity has become easier to secure, yet spot rates inched higher over the past week. We believe retailer replenishment strategy could be slowing the freight demand. All being said, we still believe the market can take one last leg up into the new year.