There are a few key factors to consider when looking to book spot market freight, according to my seven years as a freight broker.
FreightWaves founder and CEO Craig Fuller analyzes the continuing decrease in truckload rates for dry van loads.
Equipment price inflation not only inhibits capacity growth it carries consequences well into the future.
P.A.M. Transportation Services finished 2021 on a high note, posting another large earnings beat during the fourth quarter.
FreightWaves adds spot rate data and a new market analytics application inside its SONAR platform.
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 capacity tightens.
The Cass Freight Index booked 7% sequential gains in shipments and expenditures during September.
U.S. Xpress’ industry forecast calls for the truckload market to experience high driver turnover, declining capacity and “overwhelming” volumes through 2021.
Cass data for the month of August shows significant acceleration in demand and rates but the comparisons to 2019 still lag other data sources.
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.
