Chattanooga-based Covenant benefited from an exceptionally strong freight market resulting from growing economic activity, low inventories and supply chain disruptions.
Freight volumes in Southern California are starting to ramp, signaling the start of the peak truckload season.
Elevated accepted tender volumes and rates signal that carriers are maintaining pricing power. Truckload capacity constraints are easing as contract rates climb.
Experts expect demand to continue to outpace supply through at least the first quarter of 2022.
Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.
Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.
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Spot rate snap back signals that carriers are firmly in the driver seat with regards to pricing power.
In this sensitive market, small changes to the balance have deep, long lasting impacts.
Big Benefits for Small Fleets: The CarrierHQ Difference
In this sensitive market, small changes to the balance have deep, long lasting impacts.
Will Hurricane Ida impact freight contracts? Will carriers move from shippers’ contracted freight to the spot market?
A resurgent economy – paired with the uncertainty of a yo-yoing pandemic – has taken its toll on companies across the logistics industry. Shifting consumer behavior over the past 18 months has caused historically high demand in some sectors and unprecedented dips in others, leading to roller-coaster rates and widespread capacity disruptions. Learn how to […]
The rise in volumes continues to outpace the rise in rejection rates, and spot rates keep climbing.
We’re two weeks into the third quarter, a time when seasonal freight movement moderates ahead of the back-to-school season and the eventual peak holiday season. Thus far, the moderation simply hasn’t materialized.
Worldwide Express’ Joel Clum explains how third-party logistics companies are giving small and midsized shippers the technology they need.
Top 10 Carrier Groups’ Share of Global Fleet
The investment was motivated by continued growth in the specialty freight logistics markets.
Reefer rejection rates tumbled once again over the past week, and the national reefer rejection average is now below 40% for the first time since the second week of September.
