contract rates

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

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While ocean carriers are not facing the same risks as their domestic trucking counterparts, given their consolidation and enormous war chests, ocean’s weakness in demand will continue to trickle down into truckload markets.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Despite seeing slight seasonal growth, truckload markets are showing a continued soft patch.

The gap between current levels of freight demand and those of 2019 is narrowing, casting doubt on the market’s ability to sustain growth.

The consumer will be key to resolving the present tension in freight demand’s future, but consumers continue to be predictably unpredictable.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Market conditions will likely become a bit more favorable before they get much worse.

A plan to allow 18-to-20-year-old truck drivers to haul interstate cargo got a sharp rebuttal at the Truckload Carriers Association (TCA) conference by Knight-Swift President and CEO David Jackson. The plan was conceived as a way to address the driver shortage and is strongly supported by the Biden administration and the American Trucking Associations (ATA).

Strangely enough, tender volumes are abiding by seasonal trends.

Falling spot rates, falling contract rates and falling revenues create rising stress and blood pressure in truckload operations teams.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Pactum CEO and co-founder Martin Rand explains where AI fits into supply chain contract negotiations.

Two container shipping experts give their take on how the hangover after the pandemic boom could play out.

When trucking capacity tightens and rates increase, intermodal shipping by rail becomes more attractive in general. That does not appear to have happened during the pandemic years.

Strangely enough, tender volumes are abiding by seasonal trends. The first quarter of 2022 was unusually active as shippers tried to get ahead of disruptions to capacity, which historically tightens in the spring.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Convoy is looking to improve the contracted freight market for small carriers and shippers with forever-evolving freight needs.

With the inflation-squeezed consumer running through their discretionary budgets, freight demand is in a precarious state.