Futures traders hedge L.A. to Seattle in uncertain rate environment
Rates could break out either to the upside or downside.
Rates could break out either to the upside or downside.
The November 2019 contract is being bid at $2.01/mile and falling.
The demand for temperature controlled equipment is keeping the freight market active for reefer carriers and produce haulers, but general volumes continue to slide off 2018 highs.
Last year, carriers avoided hotspots for vehicle inspections during CVSA’s Roadcheck week. Now the market has turned, so has their attitude about these areas.
Volumes took a nosedive after the tariffs increased and are starting to recover slightly, but the damage may already be done.
The trade war between China and the U.S. is having a noticeable impact on freight markets. Shippers and carriers are struggling to adapt.
Uber and Lyft drivers are planning to strike on May 8 at 10 locations in the U.S. to protest low wages among other concerns. Organizer Rideshare Drivers United is planning a “National Day of Action” and has been joined in its efforts by the New York Taxi Workers Alliance (NYTWA), which represents 21,000 yellow taxi, […]
Freight volumes recover from Easter lull as volumes are flat from a year-over-year perspective. Comparing load volumes is not the whole story, however.
National freight volumes took a nosedive this week as Easter had a decent impact on the freight market, but how much of the drop is related to the holiday?
The inbound container flows had a big impact to freight volumes in the port cities of Savannah and Los Angeles this past year.
Volumes are flat year-over-year, and after a brief period of disruption the freight market has stabilized. Container volumes that have fueled the port cities freight, may be due to soften in the coming months.
Market volumes remain strong from a year-over-year perspective, driven by the continued strength of the West. What does this imbalance mean for the freight market as the busy season approaches?
The program will help Lyft reel in more customers, as well as compete with arch-nemesis Uber as that company ramps up investments in tech transport services and prepares for its own public offering.
Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.
Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.
After a period of attempting to improve detention times with carriers, they appear to be falling into the old habits of making load/unload times are lower priority according to FreightWaves’ Detention Minutes Index.
National freight volumes pulled back a bit this week after a strong start to March. Not all areas of the country are having the same experience.
Los Angeles has had the heaviest freight volumes in the U.S. for the past several months, but carriers should be paying attention to where that freight is headed.
Volumes have jumped to seasonal levels, but capacity has not been significantly impacted yet. Will March volumes change freight market conditions?
Here we go again! Snow depths are at 200 inches right now in some parts of the Sierra Nevada. Lots more coming the next few days.