Carriers grip pricing power firmly as Q3 comes to a close
Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.
Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.
Spot rate snap back signals that carriers are firmly in the driver seat with regards to pricing power.
In this sensitive market, small changes to the balance have deep, long lasting impacts.
In this sensitive market, small changes to the balance have deep, long lasting impacts.
Freight demand is not going to abate in the next few months, and there will not be any meaningful addition to fleet capacity in the meantime.
The freight markets have reentered “chaos is business as usual” territory. All the major indices have been eerily calm since the winter storm disruption. Yearly comps are becoming more difficult given the panic buying that shot volumes and rejections up this time last year. Don’t let the weakening comps distract you, this market can’t get much better.
Carrier momentum continues.
The shippers are in the strongest pricing power position in the DHL Supply Chain Pricing Power Index history, but for all the wrong reasons. Volumes are stable, but well below normal levels, and tender rejections are at the lowest level in the index’s 3-year history.
XPO’s Brad Jacobs says 2020 is most likely a lost year.
This week, the shippers gain pricing power for the 5th time in the first seven weeks of 2020. Volumes are flat, rejection rates are low and rates are even lower.
Happy top of the weekend! Thanks for making us a part of the backhaul of your week, and boy do we have some news for you. First, we hit the headlines: Applying the restrictions of AB5 in California to the trucking industry runs afoul of federal law, according to a court case just handed down. […]
Peak season is wrapping up after bringing the carriers something to cheer for after dismal 2019.
Tender rejections above 10 for the first time in 2019, volumes are holding and holiday rates are cheery.
We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver a brief recap of newly released data sets, market indices, and product feature improvements in our This Week in SONAR series. Daily Estimated Miles Driven […]
Slight rallies in volumes and rejections not enough to keep power from shifting further towards shippers.
What’s next at FMCSA after Ray Martinez departs? Tune in to FW Radio.
Larger shippers must think beyond the short-term peaks and valleys.
This Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 30 (Shippers) Last Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 30 (Shippers) Three-Month DHL Supply Chain/FreightWaves Pricing Power Index Outlook: 50 (Balanced) The trucking industry operates in a market based on real-time demand and supply. When demand is higher than capacity, carriers gain negotiating power for rates. […]
Last Week’s Pricing Power Index: 35 (Shippers) The trucking industry operates in a market based on real-time demand and supply. When demand is higher than capacity, carriers gain negotiating power for rates. When supply is higher than demand, shippers gain negotiating power for rates. FreightWaves’ Pricing Power Index uses the analytics and data contained in […]
Power swings five points in favor of the shippers, but momentum building for carriers leading into holiday season.