Carriers lower rates heading to the West Coast this year as inbound container volumes flood the ports.
Volume continues to slide but there was little change in the market over the past seven days.
Capacity is readily available in most regions of the country. Los Angeles has finally cooled off as the tariff deadline gets extended.
Freight activity surged prior to Thanksgiving with help from Los Angeles volume. Drivers returned to the road this week, and carriers have figured out where to position their trucks to alleviate some tightness.
The freight market remains slow in most parts of the country except for one. Will it spill into other regions?
FreightWaves, the number one logistics news site in the world, has partnered with Benzinga, a leading financial media outlet, to distribute dynamic news impacting the ever-changing freight markets.
The freight market is showing the first signs of turning in over a month. Is this the start of retail season?
The FreightWaves Research Institute performed a global study by stock ticker symbol for all public companies in the freight industry.
The freight market continues to stabilize, but there should be a little fuel left in the tank for one more seasonal push before the holidays.
October of 2018 has been very different from the same month a year ago thus far. We have had 2 major hurricanes make landfall and the economy is still strong. So why does it seem so different?
Truckload volume continues to decline to annual lows after the first week of October. Freight volume is redistributing out west as Michael hits the Southeast U.S.
The Dow Jones Industrial Average plummeted today, posting its biggest loss since May 29; meanwhile the S&P 500 is on a losing streak that hasn’t been matched in upwards of 2 years.
October is traditionally a slower month than the 4 preceding it in terms of volume. This year it has happened as soon as the calendar turned. This seasonal swing does not mean it will be a quiet fourth quarter for everyone.
There is plenty of evidence for increased capacity in the freight market. Volumes are higher than they were in March when the spot market was considered more volatile.
The full brunt of Florence has yet to be felt in the freight market, but there was plenty of regional impact as carriers and shippers scrambled over the past week to mitigate damages.
FreightWaves releases the Headhaul Index, a measurement of the discrepancy between inbound and outbound volumes.
It looks like the freight market is waking up from the long running summer doldrums, or is it just a byproduct of the pre-holiday shipper procrastination.
HCI Equity Partners says in amended filing it may enter transaction to help Roadrunner’s balance sheet.
Volume falls this week in the freight markets but rejections are flattening indicating there are still some spots where capacity is an issue.
