trucking market

Broker warns shippers not to expect a return to 2025 conditions.

Data point suggests the truckload market is both experiencing an fleeting anomaly and shifting to a different state.

Nationwide tender rejections are at 11.5%.

Tender rejections are at 9.97%.

Spot rates and tender rejections exceeded 2024, 2023, and 2022 levels.

Ritchie Bros. say more carrier exits are needed to rebalance the trucking market.

Chicago and Dallas tender rejections still exceed 7%.

Spending exceeded expectations, sending tender rejections higher than they’ve been in years.

We solved the mystery of carrier resilience during the long downcycle.

Heavy truck orders are not an indicator of for-hire truckload market health and haven’t been since the pandemic ended.

Uber Freight recently released a report on contracted rates. Its consensus is that contract rates are indeed falling, but like a game of contracted musical chairs, we still do not know when the music will stop. 

A perfect storm of factors has led to a historically strained market in the wake of the ongoing coronavirus pandemic. Shippers looking forward to market equilibrium should expect to continue waiting well into early 2022.

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Continental customers will switch from using the RoadLog ELD to KeepTruckin ELD solutions.

To learn more, visit FreightWaves.com/FreightFutures

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.”

Learn about nine different types of truck driving jobs that are available.

The gig economy is one more challenge for truck drivers.

Kayla Matthews writes about options if you are interested in starting your own trucking company.