Flatbed outlook for 2019 looks significantly worse compared to 2018
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Manufacturing numbers are not looking as robust after a booming early 2018. The flatbed freight market may be in line for a big correction as well.
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Shippers return to their old ways of detention as carrier compliance increases
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After a period of attempting to improve detention times with carriers, they appear to be falling into the old habits of making load/unload times are lower priority according to FreightWaves’ Detention Minutes Index.
Read MoreLos Angeles freight volumes are the highest in the U.S., but carriers beware
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Los Angeles has had the heaviest freight volumes in the U.S. for the past several months, but carriers should be paying attention to where that freight is headed.
Read MoreNational freight volumes almost even year-over-year, capacity remains loose
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National freight volumes are flat year-over-year, but capacity is as loose as ever. What is driving the discrepancy?
Read MoreSpot market drives carrier revenues higher in 2018
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Increasing spot rates lead carrier revenues in 2018, will revenues start to fall now that rates have started to come down again?
Read MoreFreight market normalizes after tumultuous 2017-18
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National spot rates have been flying high for the past year, but have only recently fallen under previous year values as illustrated on FreightWaves newest charting feature.
Read MoreAtlanta to Philadelphia spot rate lowest since February of 2016
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Atlanta to Philadelphia’s spot rate has hit its lowest point in 3 years. The absolute rates may be similar, but the freight markets could not be further apart.
Read MoreBoston vs. L.A.: Backhaul versus headhaul
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The two Super Bowl teams and their fanbases are very different, just like their freight market identities.
Read MoreSpread between retail and rack diesel price could compress carrier margins in January
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The DOE fuel price keeps sliding as wholesale or rack prices are increasing. This can have a negative impact to carrier margins in early 2019 after receiving the benefit of expanding fuel spreads in late 2018. SONAR’s newest index can help you monitor this.
Read MoreAir Cargo rate from Hong Kong to North America correlates with single North American trucking lane rate
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How can air cargo and dry van spot market rates be related? Could the movement of these two seemingly unrelated rates provide more evidence the market is slowing?
Read MorePurchasing Managers Index drops; shipment volumes next?
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The falling Purchasing Managers Index tends to be correlated with the general freight market, the Cass Freight Shipment Index illustrates this. Is it time for carriers to pull back?
Read MoreIntermodal volumes post record 2018 on heels of tariff concerns
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Record intermodal shipments on the rail for the second year in a row has deep implication for the trucking market into 2019. Trucking will benefit, at least partially, from Norfolk Southern’s latest decision.
Read MoreRelationship between Dallas and Los Angeles explains the freight market in 2018
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Carriers lower rates heading to the West Coast this year as inbound container volumes flood the ports.
Read MoreCarrier operating ratios fall in October in a cooling freight market
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Carrier operating ratios continue to fall in October with a less volatile freight market.
Read MoreFreight volume drops 2% on average from spring levels, but capacity is plentiful
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The freight market has softened significantly in the last few months, but it is not due to a drastic reduction in volume.
Read MoreSpread between diesel wholesale and retail price jumps 41% in 2 months
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The big oil news of the week was OPEC deciding to cut production in an attempt to stop the price of oil from dropping further. Carriers should be happy with this in the long run but gained a short term boost to margins in the meantime.
Read MoreSpot rates more volatile in a cooling market
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The spot market has been cooling over the past several months, but the players seem more uncertain than ever.
Read MoreOil price drops rapidly, but this is not a good thing for truckers
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The benchmark price of domestic crude oil has dropped by 25% since early October. Historically, that would be a great thing for truckers, but with carriers operating more efficient trucks and oil production tied into the freight economy more than ever, it could be a warning sign for the broader freight market.
Read MoreQ&A with Port of Long Beach chief
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Cordero talked about record container volumes, tariffs and the status of billions of dollars in Port modernization projects.
Read MoreCapacity shrinks due to lower supply, not increased volume
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With the Thanksgiving holiday approaching, drivers are spending less time on the road and more time at home. This is shrinking the availability of capacity in the market.
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