Freight shipments softened in June but truckload rates continued to step higher year over year, according to a monthly report from Cass Information Systems.
Midwest rejections are outpacing the West Coast by a factor of 4. What could be driving this huge disparity?
Two factors appear to be driving a divergence in regional truckload capacity in the middle of a structural market shift.
Carriers are rejecting more than 13% of tendered truckload shipments.
Winter storm Fern was the strongest weather event to hit the transportation market since 2021, and will have a long recovery period.
Nationwide tender rejections are at 11.5%.
Tender rejections are at 9.97%.
Carriers are rejecting loads at a pace not seen in years, with little to no post-Thanksgiving reprieve. Is this yet another sign that capacity is finally reaching a tipping point?
The next upturn in the trucking industry could be driven by the supply side, a pattern observed in the past three upcycles, according to a report released Monday by Morgan Stanley.
Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.
Hotlanta’s tender rejections peaked at 11.2%.
Tender rejections are at 6% and rising, two weeks before the holiday.
The Atlanta, Dallas and Chicago freight markets are all tightening.
Every week, thousands of loads move across the country before a single rate hits the load board. That’s because most freight—especially high-volume freight—starts with a contract. Shippers send out tenders to their core carriers, usually the same ones every week. But when those carriers say no? That’s when things start to shift—and it’s also when […]
The entire market shifts when carriers start saying “no” to contracted freight. Rising tender rejection rates signal tightening capacity and often precede spot rate hikes, while falling rates point to softening demand.
Traders and brokers are seizing on arbitrage opportunities.
Spot and tender rejection rates point to a strong tightening in the national truckload market. Is this the end of the freight market recession?
Hurricane Milton was the third large disruptor to transportation markets in three weeks. What happens next?
The truckload market appears to be increasingly stable through a period when it normally isn’t. While the immediate future appears uneventful, the holiday shipping season is anything but certain.
Target Circle 360 leaves The Stockout hosts asking who it is for.
