TL rates
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News
Up 5% may not be enough for truckload rates in 2022
More trucking heads weigh in on rate expectations for 2022. Following a sizable rate bump this year, it appears that rates could move considerably higher…
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Rates red-hot in August, shipments high but capacity constrained
August data from Cass shows freight expenditures extend their torrid pace. Freight demand remains high but a lack of capacity is constraining shipment growth.
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Early 2022 TL rate predictions pointing higher again
Rate predictions for the truckload market are coming in earlier than in past years. High consumer demand along with a lack of drivers and equipment…
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Freight costs high again in July; ‘bottlenecks’ hamper shipments
July data from Cass showed freight shipments remained elevated but labor and equipment shortages constrained growth. Expenditures held near all-time records.
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Q&A: Trucking’s back half and beyond with Deutsche Bank’s Amit Mehrotra
As freight markets enter the second year of peaklike conditions, FreightWaves caught up with Amit Mehrotra, Deutsche Bank’s transportation analyst, to talk about how this…
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U.S. Xpress report predicts high volumes, rates and labor issues
A third-quarter outlook from truckload carrier U.S. Xpress sees volume and rate strength lasting throughout 2021. However, driver and supply chain labor challenges present risks.
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Covenant focuses on improving results in downside of cycle
Covenant Logistics Group beat second-quarter earnings expectations and said the second half of the year is likely to produce stronger results.
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Covenant sees ‘demand firing on all cylinders’
Covenant Logistics Group reported a better-than-expected second quarter as freight demand remains elevated and capacity is in short supply. The company said the favorable conditions…
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Knight-Swift raises outlook; cost challenges to persist
Knight-Swift Transportation beat second-quarter estimates and raised its full-year guidance to include the favorable operating environment in addition to accretion from recent acquisitions. However, the…
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P.A.M. Transportation’s Q2 results show strength in TL market
P.A.M. Transportation benefited from a tight truckload market in the second quarter to post record revenue and operating income.
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