In today’s edition of The Daily Dash, a tight trucking market could hamper Hurricane Laura recovery efforts plus Tyson Foods steps up and spot rates could be ready to rise.
Hurricane Laura hit at a time when trucking capacity is unusually tight, a fact that may hinder the recovery efforts.
Anthony and Zach discuss the potential impact of Hurricane Laura to the freight market and bring on special guest Chris Bryant, a flatbed owner-operator, for insight on what is happening on the road.
Joined by special guest Zac Rogers, Anthony and Zach discuss the current freight market’s propensity to overachieve over the past few months and explore reasons why that will persist or crumble.
The last time capacity tightened to this level, capacity flooded the trucking space. Will the same outcome occur in 2020?
Wait times have fallen as as shippers compete for capacity. What is the connection between capacity and detention?
Zach and Anthony go over surprising trends that are popping up going into the second half of 2020, and the headwinds facing the economy. Apple Podcast Spotify Sticher Watch the video
Chart of the Week: Total Rail Carloads, Chemical Rail Carloads, Motor Vehicle Rail Carloads – USA SONAR: RTOTC.USA, RTOCH.USA, RTOMV.USA The latest rail carload data is showing that the industrial side of the economy, which is the backbone for a large amount of freight movement in the U.S., has finally started to recover after hovering on the […]
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Companies are cramming warehouses full of freight as they change their supply chains to better suit the post COVID-19 world. Trucking capacity tightens as a result.
Anthony and Zach talk about the impact of Roadcheck week on the freight market and bring on Zac Rogers to discuss the latest Logistics Manager’s Index results showing increasing transportation prices along with declining warehouse capacity, a pattern eerily similar to 2018.
The erratic nature of the economic recovery has dramatically changed shipping behavior, which has strained carrier networks.
Capacity is almost as tight as it was during the panic buying inspired March. Could it get tighter?
Anthony and Zach discuss the booming freight market and reasons why it will or will not sustain into July as well as the implications for the new insurance bill and YRC bailout.
Anthony and Zach discuss what to make of the recent recovery in volumes and what is happening today that may affect capacity later in the year as well as recent economic developments. Apple Podcast Spotify Stitcher Watch the video
Zach and Anthony go over the latest economic trends within the freight industry and bring on special guest, Zac Rogers to breakdown the Logistics Managers Index and his analysis of how the COVID-19 pandemic is effecting the industry.
The maritime shipping companies have been able to increase their rates amidst the COVID-19 induced shut down. Is this a sign of things to come for domestic carriers?
Trucking capacity is the tightest it has been in 17 months thanks to the surging volumes, but all signs point to this being a short-lived event.
Blizzard conditions could tighten capacity more in strained Denver, Salt Lake City markets.
In partnership with Arrive Logistics… shippers should communicate with their partners and stay focused on long-term strategy.
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the “trucking profitability paradox.”
Will capacity tighten and raise rates, or will volumes evaporate and crash them again?
The World Health Organization on Friday raised its assessment of the global coronavirus risk from “high” to “very high,” the most serious assessment in its new four-stage alert system. “This is a Class 1 event and is unprecedented in modern history,” FreightWaves CEO Craig Fuller said of the global economic and supply chain effects of […]
We examine two historical freight market troughs, 2011 and 2013, to understand current dynamics.
The bankruptcy of several trucking firms has impacted capacity and U.S. trailer availability in Mexico, forcing companies to look at different ways to keep freight rates low.
While capacity utilization in long-haul trucking is going down, the capacity needs of last-mile delivery are increasing due to the rise of e-commerce.
Chris Henry runs fleet profitability benchmarking and analytics for FreightWaves and facilitates the TCA’s TPP program. If you are interested in benchmarking your fleet’s performance with the best operators, join TCA’s TPP. The data presented in this article come from analytics of over 230 truckload for-hire fleets, representing more than 70,000 trucks. A wise trucker […]
A number of readers responded to Brian Aoaeh’s 12/26/19 “Commentary: Trucking industry observations heading into 2020.” His current commentary features some of those responses and information from Anthony Campo, a trucking industry veteran.
FreightWaves Market Expert Chris Henry provides a look into truckload’s year that was and commentary on a possible path toward consistent profitability.
Database of test results seen as rate booster while unseated trucks pose risk to operations.
Lead times fell throughout 2019 as shippers became accustomed to excessive capacity.
FreightWaves founder and CEO Craig Fuller writes about the issues the trucking industry dealt with in 2019 and what is ahead in 2020.
Brian Aoaeh writes about key trucking events in 2019 and looks ahead to 2020.
The truckload sector has had a breakout December thanks to a booming holiday peak. Is this a signal of a long-term shift to the over-supplied freight market?
Anthony and Zach discuss the recent Celadon shutdown and how it lines up with current freight market conditions; a disappointing manufacturing sector; consumers appear to be on another spending spree funded by debt.
Freight volumes took a nosedive to this past week, which led to the biggest difference in annual freight volumes this year.
This Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 30 (Shippers) Last Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 30 (Shippers) Three-Month DHL Supply Chain/FreightWaves Pricing Power Index Outlook: 50 (Balanced) The trucking industry operates in a market based on real-time demand and supply. When demand is higher than capacity, carriers gain negotiating power for rates. […]
Smaller carriers are snatching up the big carrier’s excess truck supply, even in a softer year. The reason is not obvious.
Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
Uber Freight needs access to more capacity to keep up with 153 percent growth in gross bookings.
Contract rates are still sliding down against steady spot rates.
Multi-modal data and channel checks with freight brokers point to a good setup for peak season.
FreightWaves is monitoring a number of trends that will impact the freight market in 2019. Digitization will play a key role in these trends as companies seek to optimize their supply chain processes.
Shippers aren’t shy about moving contract rates down in RFP negotiations, and even brokers are surprised at how cheap capacity has become.
This morning at MarketWaves18 in Grapevine, Texas, FreightWaves CEO Craig Fuller announced that freight futures will begin trading on March 29, 2018.
The investment bank issued a report this morning calling for one more spot rate peak in the fourth quarter, followed by a softer 2019 that should still be 12% above the 2012-7 cycle. New price targets were also issued.
Coyote’s new white paper contains a stark warning to truckers and an optimistic promise to shippers, predicting a rapid collapse of spot rates.
