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Tender rejections have yet to return to mid-May’s all-time low, but their softness could persist in a trough for the next two quarters.

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One last round of bad news to cap this week: China and the U.S. both posted dismal data from their respective industrial economies.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

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Volumes did see some growth ahead of the upcoming Memorial Day holiday, though not nearly enough to bust out the champagne and sparklers.

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FreightWaves’ Carrier Rate Report — presented in partnership with Optym and Trimble — provides a review of the previous quarter and a forecast for the coming months.

So as not to bury the lede, this week’s lack of change in the PPI might ultimately prove to be the most exciting stability in quite some time.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Your weekly fuel report has arrived!

It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone.

Companies are still trying to get their margins back to pre-pandemic levels with price increases on finished goods. This will continue to put freight demand at risk in the second half of the year.

Despite expectations for seasonal growth in the second quarter, the health of the American consumer has continued to become more precarious, stirring headwinds for even once-reliable sources of freight.

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Flatbed capacity tends to be as erratic as its demand, making it harder to secure in general.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Your weekly fuel report has arrived!

After over a year of declining volumes and rates, trucking spot rates have leveled and demand has just witnessed an unseasonable jump.