truckload pricing
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News
P.A.M. Transportation’s Q3 well ahead of forecasts
P.A.M. Transportation Services sees a “marked improvement” as its auto manufacturing customer base gets back to work. The carrier expects “upward rate pressure” as truck…
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Freight volumes and expenditures advance further during September
The Cass Freight Index booked 7% sequential gains in shipments and expenditures during September.
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Truckload tightness to continue, U.S. Xpress report says
U.S. Xpress’ industry forecast calls for the truckload market to experience high driver turnover, declining capacity and “overwhelming” volumes through 2021.
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Cass sees freight trends accelerate sequentially in August
Cass data for the month of August shows significant acceleration in demand and rates but the comparisons to 2019 still lag other data sources.
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All signs point to prolonged trucking rally
With many data points sitting at cycle highs, several industry participants are calling for the trucking market's bull rally to last well into 2021.
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Investor conference highlights bullish truckload market; intermodal demand returns
Tightening truckload and intermodal markets have carriers expecting the hot freight market to carry forward. One carrier is calling for large rate increases in 2021.
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Knight-Swift posts Q2 beat, reinstates guidance above pre-COVID level
Knight-Swift posts solid second quarter and reinstates full-year guidance to a level higher than before the outbreak.
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‘Uncertainty’ clouds second-half visibility for J.B. Hunt
J.B. Hunt easily bests consensus forecasts led by better-than-expected intermodal and dedicated results. The back half of 2020 remains hazy on COVID-19 fears.
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Worst truckload linehaul data in 15 years may mark the bottom
April’s 20% year-over-year declines in Cass data may mark the bottom of the COVID-19 downturn.
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Investor conference highlights trucking headwinds, tailwinds as economic restart looms
Truckload and transportation companies talk freight markets ahead of reopening with some calling a market bottom in April as spot rates remain below breakeven.
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