Longhaul domestic freight driving May recovery, signaling a strong June
Freight moving long distances in May might lead to a strong summer peak.
Freight moving long distances in May might lead to a strong summer peak.
Anthony and Zach discuss the surprisingly rapid recovery in the housing/home improvement sector of the economy and whether it has sustainability.
KeepTruckin has started a petition asking congress to extend forgivable loans to cover truck lease/purchase payments and insurance costs.
Anthony and Zach have special guests Former Flex CEO and current strategic adviser to Clear A.I. Mike McNamara and FreightWaves Chief Strategy Officer JT Engstrom on to discuss coronavirus’ impact on various pieces of global supply chains and give an update on how the economy and freight market are reacting domestically.
Continued drop in cross-border truck traffic mirrors broad decline in Canadian freight as COVID-19 crushes demand for nonessential goods.
Long-haul truckers practice social distancing by staying in their sleeper berths, uncertain where their next load will come from as manufacturers and retailers shut down.
Container shipping rates from China to the U.S. west coast and international intermodal volume out of the L.A. port complex are both at or below last year’s seasonally-weak Chinese New Year Period. Extended factory shutdowns to prevent the spread of the coronavirus may inhibit a March or April rebound.
Not only were volumes lower in 2019, but they traveled less miles, which compounded the impact of oversupply. Volumes have not recovered, but something else has changed that may help carriers this year.
Gusty winds, up to a foot of snowfall could slow down regional deliveries.
Five markets totaling more than 10% of U.S. outbound freight could get hit by impending snowstorm.
“There will be extended closures on I-70 and US-40.”
High-volume freight markets in path of oncoming winter storm.
Reefer rejections increasing in Salt Lake City market.
Reefer volumes have broken out this winter as dry van demand fades. Does this mean the sector is in for a strong recovery in 2020?
Anthony, Zach, and special guest Kyle Lintner from K-Ratio discuss how the freight market is disconnected from the general economy; are we truly out of a freight recession; and how Freight Futures work.
California’s AB5 has caused significant disruption prior to the planned enforcement period. Has there been a measurable impact to the supply of carriers in the state?
Zach and Anthony discuss why January is so difficult to manage and why this one may be different for trucking; FMCSA and AB5 hangups; and give a economic and market update as well as projections.
Chart of the Week: 3-Year-Old Used Truck Prices – USA, Cass Freight Shipments Index – USA SONAR: UT3.USA, CFIS.USA At this point the news and story of Celadon, the largest truckload failure in history has been covered extensively in the media. The 3,000+ trucking company was by far the largest to shut down in what has been […]
The housing and construction sectors are showing signs of life, giving truckers a rare hint of optimism for the coming months.