Rate Forecasting and Analytics in Practice
Want to know tomorrow’s freight rates today? You can make a pretty good prediction based on the daily data from
Want to know tomorrow’s freight rates today? You can make a pretty good prediction based on the daily data from
Spot market volumes got a bump at the end of October, and those load counts held steady heading into the
The national flatbed rate for October was the highest of the year, boosted at least in part by rebuilding efforts
Volumes for the top van markets rebounded 5% last week, as shippers moved freight out the door before month’s end.
Compared to 2016, cargo theft dropped by 32% in the second quarter of 2017, according to Keith Lewis, Vice President
Reefer load counts on the top lanes kept climbing last week, while rates continued to readjust seasonally. Prices continued to
Truckload capacity has loosened in recent weeks, so prices have begun to normalize after months of rising van rates. Still,
Van spot market rates moderated last week, especially on the backhaul lanes where rates spiked two weeks ago. The looser
Seasonal harvests are winding down, but capacity is still tight for reefer freight. That’s led to higher reefer rates on
So far, the national averages for spot market rates in October are the highest they’ve been since the Snowpocalypse of
The immediate impacts from Harvey and Irma first showed up in van freight, then reefers. Now it’s looking like flatbed’s
The national average van rate rose for the fifth week in a row. At $1.97 per mile, the average rate