Trucking Industry Trends

VIDEO: Spot rates rebound to 2019 levels
VIDEO: Spot rates rebound to 2019 levels

As we wrap up the month of May and roll into June, it becomes much more evident that the freight markets are soundly in recovery mode. Most of our key indicators are tracking towards 2019 levels and testing where they sat before COVID-19 hit the U.S.

Read More

Will spring produce stabilize trucking?
Will spring produce stabilize trucking?

Recent news has been all about the downturn in freight volumes, and the lower rates that accompany smaller volumes. Whenever freight markets go soft, we analysts like to look at changes that can help pull us out of the current pattern. In the midst of much gloom about the freight marketplace, we look for some positives that can help us through the next couple of months.

Read More

Will coronavirus affect your supply chain?
Will coronavirus affect your supply chain?

Coronavirus is getting a lot of attention, but it didn't have much impact on domestic freight in the U.S. at first. If the slowdown in Chinese exports continues beyond the end of February, however, the effects could ripple through worldwide supply chains and reduce demand for freight transportation here.

Read More

Top 10 markets for truckload spot freight in 2019
Top 10 markets for truckload spot freight in 2019

The spot market continued to grow in 2019, even when compared to a banner year like 2018. Truckload volumes grew significantly in 2019, but so did capacity. That kept prices well below the historic highs of 2018, but it did reshape some of the top markets we're accustomed to seeing on these year-end lists.

Read More