J.B. Hunt ‘a little bit more positive’
J.B. Hunt Transport Services said on Tuesday that demand has been slightly ahead of expectations to start the year.
J.B. Hunt Transport Services said on Tuesday that demand has been slightly ahead of expectations to start the year.
The Cass Freight Index showed truckload rates advanced again in January even as volumes fell.
Transportation capacity was tight in December as companies sold through their inventory positions, a monthly supply chain report said on Tuesday.
Carriers are rejecting loads at a pace not seen in years, with little to no post-Thanksgiving reprieve. Is this yet another sign that capacity is finally reaching a tipping point?
Truckload spot rates have seen sharp, intermittent spikes this year, though none have lasted. These sharper swings may signal what’s coming next year.
Truckload rates have increased on a main transcontinental artery, showing that the value of truckload service has grown even though there is less demand for it.
Reports of immigration services targeting truck drivers caused a sharp spike in spot rates this past week, but as of late week tender rejections remained steady. Weak demand may be hiding growing fragility in the market.
Just in case ordering has diminished the truckload market’s utility, specifically for cross continental freight, but that mechanism may come undone later in the year.
The widening gap between regional rejection rates underpins the growing fragility of the truckload market.
Uncertainty springing from erratic policy implementation in 2025 has made it challenging for businesses to make long-term commitments. That has kept the trucking sector from having its expected breakout moment this year.
Capacity is tighter in the Eastern half of the U.S. as carriers appear to be stuck on or targeting the West Coast freight.
Truckload capacity tightened noticeably during the annual CVSA International Roadcheck inspection period.
Rejection rates that surged over 6% just before Christmas for loads out of Laredo, Texas, have unexpectedly remained elevated.
There is nuance in this freight market flip. Why is this transitioning truckload market unlike any other?
Could intermodal be capping the truckload market’s potential breakout?
Spot and tender rejection rates point to a strong tightening in the national truckload market. Is this the end of the freight market recession?
Truckload contract rates are starting to move higher in an environment where they have every reason to continue to fall.
The wide range of spot and contract rates being offered may help trigger a strong market shift later in the year.
Even as carriers’ pricing power deteriorated, freight demand was consistently robust throughout February.
The early stages of this recovery are characterized by a rebalancing market, a return to normalcy after a four-year roller coaster of volatility.