Freight broker RXO said the truckload market is seeing “the biggest structural change” since deregulation in 1980.
Carriers are rejecting more than 13% of tendered truckload shipments.
Nationwide tender rejections are at 11.5%.
Tender rejections are at 9.97%.
The truckload spot market erupted this holiday season, putting many long-term rates into obsolescence.
Truckload spot rates have seen sharp, intermittent spikes this year, though none have lasted. These sharper swings may signal what’s coming next year.
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.
The truckload contract market has fallen into stagnation after what looked like a transition late last year. What are the takeaways heading into the late year bid season?
Hotlanta’s tender rejections peaked at 11.2%.
Capacity is tighter in the Eastern half of the U.S. as carriers appear to be stuck on or targeting the West Coast freight.
Traders and brokers are seizing on arbitrage opportunities.
Executives at some of the nation’s largest truckload transportation providers are seeing incrementally positive signs that the market is turning.
The wide range of spot and contract rates being offered may help trigger a strong market shift later in the year.
Transportation providers are going to have to maintain an aggressive posture when competing for business during the upcoming bid season.
After over a year of declining volumes and rates, trucking spot rates have leveled and demand has just witnessed an unseasonable jump.
Upstream and historic values are predicting another strong deterioration in truckload spot rates in April. How seriously should we take this?
McLeod enhances its rate index calculator with high-frequency spot rate data.
The truckload market is already experiencing a rapid deterioration in pricing. How long until the LTL market recognizes this inevitability?
FreightWaves founder and CEO Craig Fuller analyzes truckload contract rates and where they may be headed.
FreightWaves SONAR API/Tai TMS customers have a new method to get FreightWaves TRAC and SONAR Capacity Lane Score data.
Carriers are pricing themselves into the markets with the highest rates, which is further fueling the capacity shortage.
The refrigerated truckload sector’s capacity recovery has stalled this fall while van has continued to stabilize. Here is the reason.
The trucking spot market is showing signs of softening in a somewhat unexpected time. Should shippers breathe a sigh of relief or is this the calm before the storm?
FreightWaves adds spot rate data and a new market analytics application inside its SONAR platform.
The cost of diesel fuel, a main component in the cost of trucking, is climbing rapidly. This is a hidden factor that is helping keep spot rates elevated.
While shortages are being blamed for the bulk of the capacity shortages in transportation, the balance of the movement of goods has become incredibly lopsided.
Carriers are rejecting a disproportionate amount of long-haul freight heading east versus west. Does this dramatic imbalance have long-term implications?
Rapidly changing shipping patterns and cost structures have made historical comparisons much more challenging for the freight market.
Cold chain distribution shifts following the pandemic along with a much smaller supply of available base capacity has made the reefer carrier a much more valuable commodity this year.
Temperature-controlled equipment rates are already breaking records, could the vaccine distribution push them higher?
