carriers

Spot rates out of LA and Dallas are remarkably high and the tight capacity in those markets is driving the freight cycle.

Buckle up, folks, this should be good. Volumes are gushing and rates pushing higher.

The carriers did not lose ground this week, but rather further solidified their dominant pricing position. Volumes remain well above 2018 and 2019, running in the +20% to 25% range. The elevated volumes are giving carriers options in the market and they are exercising those options at a high clip.

There is no change in the Pricing Power Index this week despite a continuation of the trends we’ve seen over the past few weeks: astounding volumes, carriers rejecting contracted freight at a high clip and rates continuing to trudge upward.

Carriers continue their power grab this week adding 10 points and hitting another new series high. Volumes remain in the stratosphere, and carriers are rejecting contracted freight at levels unseen since the summer of 2018.

Carriers are inteh strongest position in the DHL Supply Chain Pricing Power Index’s 10 month history. Rates have pushed higher in recent weeks as carriers reject more freight than anytime in 2019 and volumes remain elevated.

The Independence Day holiday disrupted both our OTVI and OTRI this week. Volumes are poised to bounce back and remain elevated after the moving average distortion is over.

“We anticipate an above-normal probability for major hurricanes making landfall along the continental United States coastline.”

The carriers continues their power grab this week. Shippers remain in control, but carriers are much better off than they were a few weeks ago. Capacity is beginning to tighten and rates are being pushed up.

The concept of shared truckload isn’t new, but technological advancements in the space make the method more viable than ever.

Carriers gained another 5 points of pricing power this week. This marks 6 weeks of power gains, but shippers remain in control.

The carriers gained pricing power this week on the back of surging volumes. Capacity remains loose although tightening each of the past five weeks.

While the current COVID-19 pandemic is changing the way we live and work, the adaptations—at least for our working lives—may point to a new paradigm of work self-determination, lower overhead, and more productivity. Ramping up your technological capabilities will allow your business to build on these productivity gains by being able to work from anywhere […]

This week’s DHL Supply Chain Pricing Power Index: 25 (Shippers) Last week’s DHL Supply Chain Pricing Power Index: 20 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 50 (Balanced) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power […]

This week the carriers gain some pricing power on the back of surging volumes. Tender rejections are beginning to show signs of life and spot rates are up in most markets.

The DHL Supply Chain Pricing Power index moved up for the first time since the volume surge in March. The index now sits at 15, which is still positions the shippers comfortably in bid negotiations.

The world of transportation has changed due to COVID-19. Read about how shipping professionals are adapting to those changes.

National volumes and tender rejections have been roughly flat for the past week. There is no change in the DHL Supply Chain Pricing Power Index this week. Shippers remain in dominant pricing power position.

The DHL Supply Chain Pricing Power Index fell another 5 points this week to its lowest total in series history. Volumes are beginning to come back to life, but capacity remains historically loose and spot rates are extremely low.

The shippers are in the strongest pricing power position in the DHL Supply Chain Pricing Power Index history, but for all the wrong reasons. Volumes are stable, but well below normal levels, and tender rejections are at the lowest level in the index’s 3-year history.

Pricing power shifts towards the shippers in a major way this week. Contract freight volumes are now at Labor Day 2019 levels and are poised to go lower. Rejection rates are encroaching on a rare 4% mark, and spot rates are in the bin.

Knowing exactly where shipments are and when they will arrive is more important now than ever.

Carriers give back pricing power as volumes and rejections rates plummet. Spot rates are negative week-over-week for 95% of lanes from Truckstop.com.

Morgan Stanley survey shows coronavirus disruption is accelerating for carriers, shippers and brokers, but the height of the disruption may be closer than some may think.

National freight volumes and tender rejections are falling as fast as they rose. Carriers remain in slight pricing power position, but their footing is slipping with each passing week,

On EP22, Kevin and Andrew discuss the inevitable accounts receivable risk incoming in the transportation industry with Peter Rentschler from CarrierDirect. Andrew introduces a new segment and expectations are set for the March unemployment rate. Check out other episodes here.

While this may be the peak pricing power for the carriers for this freight cycle, the carriers gain another 10 points in the DHL Supply Chain Pricing Power Index this week.

The continuation of panic buying and restocking has swung the DHL Supply Chain Pricing Power Index violently to the upside. Carriers are now in dominant pricing power position for the first time since we began this series in September.

American consumers are panic buying goods from every aisle. To meet this spike in demand, shippers must procure trucking capacity at higher-than-contracted rates creating a significant 15 point swing to the carriers.

Nuclear verdicts have been a rising phenomenon in the trucking industry over the past decade. Are large lawsuits the cost of doing business, or is there a way to defend against them?

The carriers gained pricing power this week as volumes jumped over 6%, capacity tightened slightly and spot rates increased across the country.

The coronavirus has made its first impact upon the American economy – the stock market. The novel virus is also impacting import volumes from China and the effect will quickly trickle into the trucking market. It has not yet, but will soon. This week, spot rates bounced back slightly with a bump in outbound volumes. Capacity remains very loose.

This week, the shippers gain pricing power for the 5th time in the first seven weeks of 2020. Volumes are flat, rejection rates are low and rates are even lower.

The Truckload Carriers Association (TCA) will bring an opportunity for education and networking to for-hire carriers, private fleets, associates and driver-training school members, as well as prospects, next month.

In a monotonous week in the freight industry, we believe neither the shippers nor carriers gained any pricing power.

Shippers gain another 5 points of pricing power in this week’s DHL Supply Chain Pricing Power Index.

Despite strong economic data in favor of the carriers, flat volumes and loosening capacity garners a power grab by the shippers.

Outbound volumes and rejections were horizontal this week. Target’s poor earnings are not enough for us to believe the retail sector is in danger of a slowdown, but it is slightly alarming.

In the second DHL Supply Chain Pricing Power Index of 2020, the shippers gain power for the first time in 7 weeks. Look for the shippers to continue gaining power for the next few weeks.

A better than expected holiday season, the tightest capacity of the year and shippers rushing to get inventory off their shelves putting upward pressure on rates.

First, we hit you with some of the latest headlines. Heniff Transportation and Superior Bulk Logistics are set to merge. Ohio-based GDS Express abruptly ceases operations. Rising wrestling star, Matt Travis, was struck and killed by truck driver, and a jury smacks a California trucking company with $70.5 million “nuclear verdict.” Plus, Amazon has some […]

Tender rejections above 10 for the first time in 2019, volumes are holding and holiday rates are cheery.

Momentum for carriers holding as volumes, rejections and rates are moving in their favor.

Increased rates and signs of capacity slowly leaving the market continues the power shift towards carriers.

According to CEO, the biggest problems freight brokers face are visibility and ‘one-load wonders.’

Set to go live on Jan. 6, 2020, the drug & alcohol clearinghouse will change the way truck drivers and carriers monitor drug testing.

The DHL Supply Chain Pricing Power Index moves towards the carriers for the first time since early September.

No good news for carriers besides a slight surge in volumes leading into the late Thanksgiving holiday.

Mixed economic data and lower volumes prompt no movement in this week’s DHL Supply Chain Pricing Power Index.

Third-quarter earnings reports and economic data swing in carriers’ direction, but not enough to move the needle in this week’s DHL Supply Chain Pricing Power Index.

Slight rallies in volumes and rejections not enough to keep power from shifting further towards shippers.

More carriers install ELDs as compliance deadline nears.

Carrier411 monitors trucking companies to rate their safety and performance protecting brokers from unsafe carriers.

Fisher is excited to see advancements in technology increase supply chain visibility and value creation.

Noel Perry heads Transport Futures in Harrisburg, Pennsylvania. In addition, he heads Transportation Economics, a consulting company focused on strategy, market research and forecasting for the North American freight transport market. Previously, he was a Corporate Economist at Schneider National, and Director of Market Research at CSX Transportation and Cummins Engine Company. Broker margins are […]

Larger shippers must think beyond the short-term peaks and valleys.

Power swings five points in favor of the shippers, but momentum building for carriers leading into holiday season.

Transplace’s 2019 Carrier Symposium in Dallas discussed the latest topics impacting the carrier industry, including both capacity excesses and shortages, ELDs, regulatory changes, and driver issues. Frank McGuigan, chief executive of Transplace, kicked off the symposium with a “State of the Business” address, saying supply chains are more complex than ever and expanding; and that […]

The weekly FreightWaves Pricing Power Index jumps 10 points in favor of carriers.

The FreightWaves Pricing Power Index is a new weekly feature that highlights the balance of power between shippers and carriers.

The Commercial Customs Operations Advisory Committee (COAC) on Aug. 21 approved a recommendation for Customs and Border Protection to allow carriers to assume liability for initial in-bond shipments, where the initial in-bond was applied in another mode. COAC also recommended to allow for confirmation of the appropriate arrival/export by the assuming carrier. Further, COAC recommended […]

Estimates of how many owner-operators are in the market is often inflated by 200 or 300 percent. This means at some point freight brokers will have to focus on larger fleets to grow their books of business. When doing this it is important to know that there is a sweet spot in the market that […]

Diesel prices jumped in the Midwest this month due to a significant tax increase. Small carriers will have to adjust to keep costs down and maintain business.

Over 90 percent of small carriers that have not made the switch to electronic logging devices (ELDs) yet plan to stick with their old devices until the last quarter of 2019.

Spot rates have fallen back to 2017 levels, but costs are still on the rise for carriers. Plus, ocean container rates increased on July 1st from China to the U.S.

Where are the opportunities on the west and east coast? Plus, results from our survey of those shifting from AOBRDs to ELDs.

We’ve got some intra-regional analysis for what’s happening especially in the west, and where some sure bets are.

Michael Lewis wrote “Moneyball” about the tactics Billy Beane used to improve the Oakland A’s. Read Zach Strickland’s take on using moneyball tactics in the freight market.

The FreightWaves Intel Group surveyed over 800 carriers, shippers and brokers about the entry of Amazon into online freight brokerage. Read about the survey’s results and what respondents think Amazon will do to their businesses.

The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.

Fr8Hub recently announced that it will expand its services to provide domestic freight matching throughout Mexico, connecting shippers with available carriers throughout the country. The Fr8Hub carrier network currently features more than 1,000 carriers in the United States and Mexico, and more than 30,000 available trucks. Since electronic logging devices and global positioning systems are […]

Input from transportation partners shaped food giant’s distribution centers, with the aim of keeping drivers there are little as possible.

Lakefront Futures & Options will be marketing Trucking Freight Futures through its new Trucking Derivatives Group. Read the article and learn more about Trucking Freight Futures and Lakefront Futures & Options.

Small carrier profits are about to be pressured by a large government organization and it’s not the FMCSA, DOT, or CVSA.

Today on FreightWaves NOW, we talk to brokers, carriers, shippers, and even look at the maritime outlook from a global perspective. Where are volumes and rates heading Taco Tuesday, June 4?

Today on FreightWaves NOW, we give you quick hitters on volumes, the headhaul index, and a look at the latest consumer spending. Something here for carriers, brokers, and shippers.

How you pay your carriers is critical to maintaining a loyal carrier base.

FreightWaves CEO Craig Fuller assesses current conditions impacting trucking and outlines what is ahead for the industry.

Market expert Charley Dehoney explores how freight brokers can stay relevant in a rapidly changing environment.

Making carriers more productive is good business for Arrive Logistics.

Market expert Brian Aoaeh writes about the impact of market disruption on the freight brokerage sector. Learn how Amazon, artificial intelligence, machine learning and other disruptors will change the business…

BlackBuck has raised a total of $285.2 million till date and is looking to expand its services across India, without worrying much into its growing losses.

Big data is opening up opportunities for shippers of all sizes, and used properly, it can help reduce shipping rates and improve customer service.

Sponsored by Redwood LogisticsThe deployment of technology solutions requires many steps, but using a provider that offers an open systems architecture approach can help ease the transition, eliminating both time and cost.

Freight Alley in Chattanooga was the scene on the afternoon of February 21, when executives from FreightWaves, Nodal Exchange, DAT and K-Ratio presented the Trucking Freight Futures roadshow. Trucking Freight Futures debut on the Nodal Exchange on March 29.

The audience in Atlanta was one of the most engaged and informed to date.

Shippabo has created its own version of a fixed-rate contract, which helps small and mid-sized shippers gain access to direct-to-carrier contracts, allowing them to cut their shipping costs and secure reliable capacity.

Ryder System, Inc. (R: NYSE) presented its Service Excellence Awards to top-performing carriers at its ninth annual Mexican Carrier Recognition Event in Mexico City on January 17. The event – reported in a press release by Ryder on January 29 – recognized 20 Mexican carriers for their excellence in service in Ryder’s international supply chain.

Transflo used its slot during the MarketWaves 18 Demo Day to showcase how its app’s new user interface, along with the broader Transflo ecosystem can be used effectively to reduce time during the lifecycle of a load.

Logistics startup SmartHop helps automate route planning and provides real-time dispatch advice for truckers, while also assisting shippers in sourcing capacity for their loads.

Coming in at No. 9 on the Freight.Tech 25 list is C.H. Robinson (NASDAQ: CHRW), one of the tried-and-true providers in the freight space. Robinson’s Navisphere technology platform is part of the company’s commitment to providing solutions to its customers and carrier partners.

While 60% did say that ELDs were forcing drivers to stop, rest, and run legally, the other 40% of respondents felt that ELDs decreased driver safety, as well as for others on the road.

You heard it here first. An actual real-live truckload shipment has worked across supply chain stakeholders to create an industry-first: a shipment using blockchain.

Uber Freight introduces three new features to its app, making it more customizable and intuitive, and helping drivers and carriers better manage their loads and time schedules.

In Partnership with Arrive Logistics… we talk freight market data with executives from Arrive Logistics and ask them how they’re preparing to handle surging volumes in Q4 and beyond.

High spot market trucking rates have caused more carriers to move to that market, but the majority of carriers in a new Transporeon Group survey have remained loyal to their shippers.

The Carrier Relationship Platform uses data to organize and automate a company’s processes with a unique approach: delivering targeting engagements to strengthen relationships.

Cashflow Corner presented by TriumphPay …Running under your own authority offers plenty of challenges, but some would have it no other way. One of the biggest challenges is finding freight.

In Bangladesh, the shipbreaking industry is booming business – but at the cost of the lives of workers, who work in dangerous environments with minimal safety precautions. Local NGOs are championing the workers’ cause and are hoping to enforce existing UN regulations to the maximum extent possible.