The last month has been like Mr. Toad’s Wild Ride for the freight market. Starting with the Trump tweet about increasing tariffs on Chinese goods another 15% in early May that caused a chasm to form in freight volumes, and now Roadcheck week keeping carriers off the roads as volumes surge coming out of the […]
Volumes took a nosedive after the tariffs increased and are starting to recover slightly, but the damage may already be done.
The inbound container flows had a big impact to freight volumes in the port cities of Savannah and Los Angeles this past year.
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.
Volumes have jumped to seasonal levels, but capacity has not been significantly impacted yet. Will March volumes change freight market conditions?
National freight volumes are flat year-over-year, but capacity is as loose as ever. What is driving the discrepancy?
Market volumes have increased significantly over the past several days, bringing national levels to those similar to early March of 2018 when the market was thought to be more active. The data tells us one aggregate value cannot tell the whole story.
The overall market remains relatively stable as volume dip below 2018 levels in two major markets. Spring is around the corner. Will freight volumes return with it?
So far this February has been what we would expect. Does the normally slow month have any surprises up its sleeves?
Volumes and capacity remain flat through the first week of February. Has the freight market weathered the slowest part of the year?
Freight volumes recover as January closes. The artic air freezes the Midwest as the Chicago market heats up.
Last week had the largest single day percentage drop in volume since March of 2018. Capacity remained stable as we ride out the winter doldrums.
Capacity is abundant even though volume is relatively strong. Carriers are having little trouble covering the available freight making it a shippers’ paradise in mid-January.
The New Year has started off with a surprising amount of volume in the freight market. So far, capacity has been available to handle it. The tariff deadline extension may be providing a second wind.
The freight market has softened significantly in the last few months, but it is not due to a drastic reduction in volume.
With the Thanksgiving holiday approaching, drivers are spending less time on the road and more time at home. This is shrinking the availability of capacity in the market.
Outbound tender volumes have shot up 26% out of the Savannah market as the Southeast deals with hurricane Michael
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.
Trucking volumes have dropped by 6% since the beggining of the month of October. Is this an indication that the market is slowing or is it a normal seasonal pattern?
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.
