Freight Futures daily curve: 4/27
For a third straight session on Friday, Trucking Freight Futures were lower across the board, capping one of the worst weekly performances since the contracts began trading, as volume concerns weighed on the market.
For a third straight session on Friday, Trucking Freight Futures were lower across the board, capping one of the worst weekly performances since the contracts began trading, as volume concerns weighed on the market.
It was down session for Trucking Freight Futures as the market fell across the board for the second consecutive day on Thursday with the spot National contract down 0.9% to $1.367 per mile, driven lower by pressure in the East.
Declines in trucking shipments and spend, current and future, highlight the takeaways from U.S. Bank’s first-quarter Freight Payment Index report.
Trucking Freight Futures were lower across the board on Wednesday as the overall health of the economy weighed on rates with the spot National contract falling $0.012, or 0.9%, to $1.375 per mile.
The food supply chain is in peril as meat plants close and truck drivers struggle to find good-paying freight amid coronavirus.
It was a mixed day on Tuesday in the Trucking Freight Futures markets with uncertainty looming as to where rates may head in the near-term.
Charger Logistics recently became one of the first U.S. companies to install an HW’Intrawash autonomous trailer cleaning unit from Istobal for its facility in Laredo, Texas.
On road to recovery, Nicole Folz raises money to get more personal protective equipment in the hands of fellow truck drivers.
Businessman Bob Mericle says he wants to do his part during the coronavirus pandemic by offering free truck parking at his 15-acre, 400-space lot in Strafford, Missouri.
After a strong start to the week, Trucking Freight Futures finish mostly lower as freight fundamentals take hold.
Citing economic challenges tied to the coronavirus pandemic, as well as the need to focus resources toward targeted business units, Southern Refrigerated Transport (SRT), a solo-driven reefer subsidiary of the Covenant Transportation Group (NASDAQ: CVTI), said it will shut down its terminal and headquarters in Texarkana, Arkansas, according to an internal memo obtained by FreightWaves. […]
JP Hampstead and Zach Strickland discuss the current freight climate. Contracted truckload volumes are still going down, but the pace of the decline has slowed.
It was a mixed Wednesday in the Trucking Freight Futures markets as the spot National contract (FUT.VNU202004) fell fractionally to $1.403 per mile with macroeconomic factors continuing to weigh on rates.
The Trucking Freight Futures markets slid across the board on Tuesday with the spot National contract falling 0.4% to $1.404 per mile as macroeconomic weighed heavily.
Trucking Freight Futures staged a strong rally on Monday after being closed Friday in observance of the Good Friday holiday.
Drivers have historically been hesitant to download tracking apps due to privacy concerns and “app overload.”
The Trucking Freight Futures markets were closed Friday in observance of the Good Friday holiday with the spot National contract finishing unchanged at $1.399 per mile week over week.
It was another mixed day for Trucking Freight Futures on Thursday as the spot National contract finished unchanged for the eighth consecutive session at $1.399 per mile.
Trucking Freight Futures continued to move in a narrow range for the second consecutive session on Wednesday as the spot National contract settled at $1.399/mile.
Sales of commercial trucks in Mexico fell 46.8% in March, according to Mexico’s National Association of Manufacturers of Buses, Trucks and Tractor-trucks