Carriers and brokers tend to have the weather on a TV somewhere in their facilities throughout hurricane season because of the dramatic impacts storms can have on their operations and bottom lines. Ian hit at a time when trucking will not be as reactive to this devastating storm.
Carriers gobble up contracted freight, leaving the spot market barren for the holiday week. While not overtly obvious, there is still some semblance of hope for a decent peak season for carriers.
FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.
Contract rates have grown at their fastest pace in history over the pandemic era. The contract to spot rate spread fluctuation is an argument for smarter and more efficient growth strategies for carriers.
FreightWaves presents the Small Fleet & Owner-Operator Summit on Wednesday, June 15.
The truckload spot market has fallen apart over the past two months. Larger fleets are in far better shape for weathering the storm.
Shippers book maritime containers well before it turns into trucking and rail freight in the U.S. The relationship between international and domestic freight strengthened during the pandemic and they are both pointing toward a summer slump.
FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.
Many transportation managers and providers are expecting a return to a simpler time, but the data shows simpler times may be a thing of the past.
FreightWaves Founder and CEO Craig Fuller analyzes methods to generate more revenue in a trucking downturn.
Stability lulled transportation managers and providers to sleep in the six years post-recession. The roller-coaster ride of the last four may be more indicative of their future.
FreightWaves SONAR API/Tai TMS customers have a new method to get FreightWaves TRAC and SONAR Capacity Lane Score data.
Carriers are working hard on covering the high-priced West Coast freight, leaving shippers in the Northeast wanting.
People use the term “contract rate” in trucking and think that it is binding. It is not. In reality, it just means a prenegotiated rate both parties have the right to reject at the time of the tender.
There has never been more attention paid to freight transportation than what we are experiencing now. And like the Wall Street Bets crowd on Reddit, our industry loves talking about the direction of the market. While FreightWaves and other industry publications have always talked about freight rates, mainstream media is getting into the game. This […]
The truckload spot market appears to have hit another peak, but quickly rising fuel costs make this appear much larger than it is.
Capacity is retightening in California as demand surges once again. There are new patterns emerging that may lead to a battle for capacity between the two coasts.
Transportation rates continue to climb while service is at an all-time low. Shippers will have to be aggressive in devising new strategies to keep costs under control.
The underlying fundamentals of the market are showing signs of moving slowly back toward a more stable scenario and spot rates may be unable to paint the full picture.
The latest round of winter weather hit transportation hard. How does this compare to other events?
