tender rejections
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Chart of the Week
The freight-rollercoaster continues for trucking
Capacity is almost as tight as it was during the panic buying inspired March. Could it get tighter?
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News
Volumes surge, carriers break even and seek help from tech
“The most critical commodity we trade in with drivers today is hours,” said Norm Thomas of Powerfleet.
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Chart of the Week
2018 was worse than 2020 for trucking
A lot of the recent struggles for carriers originated in what many consider to be the most profitable year.
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American Shipper Infographics
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Driver issues
Scared drivers press on toward looming freight cliff
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.
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AskWaves
Why tracking tender reject rate is important
Tender rejections are often a leading indicator of spot rates and thus contract rates at a lag.
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News
Brokers: spot rates “escalating sharply”
Freight brokers expect spot rates to ramp this week, but the long-term outlook is uncertain.
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Weather and Critical Events
Heat wave pushing Florida strawberries to their peak
“Strawberries are a crop that doesn’t like heat.” Temperatures cracking 90 degrees have pretty much ended Florida’s strawberry growing season.
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DHL Supply Chain Pricing Power Index
Volumes jump for the first time in 2020, but shippers maintain pricing power (with video)
The coronavirus has made its first impact upon the American economy – the stock market. The novel virus is also impacting import volumes from China…
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Weather and Critical Events
Snowstorms returning to western freight markets this weekend (with forecast video)
More than a foot of weekend snow could hit volatile markets with elevated rejection levels.
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