TL rates

Schneider National is still targeting 2025 as a growth year but not likely as robust as hoped due to trade uncertainty.

Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.

The TD Cowen/AFS Freight Index showed recent trends in truckload and less-than-truckload pricing will continue for another quarter.

Schneider National points to some green shoots on its fourth-quarter earnings call.

Refrigerated carrier Marten Transport said it was encouraged with sequential improvement in metrics during the fourth quarter even as meaningful year-over-year deterioration continued.

Knight-Swift Transportation wants to see more proof the truckload market has turned before it raises its outlook.

December data from Cass was mixed, with volumes falling notably but truckload rates moving higher.

Volumes and expenditures moved higher in November, a Thursday report from Cass Information Systems showed.

The Cass Freight Index shows both volumes and expenditures remained lower in October.

Schneider National is hopeful for a better seasonal inflection in the fourth quarter, noting some areas of the truckload market are seeing significant capacity exits.

Schneider National missed third-quarter expectations Wednesday, but shares of the truckload carrier were up 4% in early trading.

Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.

Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.

Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.

Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.

Continued volume weakness along with a steadying rate environment were the primary takeaways from Cass Information Systems’ September report.

Shipments and cost data for May show no letup in the freight downcycle.

A couple of truckload carriers provide an update on recent trends following a slew of poor first-quarter reports.

April data from freight payments platform Cass shows freight demand remains near cycle lows.

Spot market metrics saw a brief reprieve in January as winter storms sidelined capacity, but carriers say the market will likely stay depressed for at least a couple more months.