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Category: Market Update

Used truck prices have doubled in the last year

According to Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager: “Most segments of the used

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Shippers still dealing with one of the largest supply crunches in history

The U.S. Bank Freight Payment Index is a quarterly publication representing freight shipping volumes and $31.4 billion in freight spend

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The tale of two halves: 2018 vs. 2021

During the freight market cycle that began late 2017 and lasted well into 2018, many experts described capacity in 2018

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Retail imports continue to surge ahead of peak-shipping season

While vessel throughput continues to improve on the West Coast, container import volumes continue to surge. Many fear the situation

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Supply-driven, capacity-crunch phase gives carriers pricing power

Last month’s Amazon Prime Day highlighted the struggle retailers are having with replenishing depleted inventories for the last year. Some

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Reefer sector is firing up for a busy grilling season

July is National Hot Dog Month and also peak hot dog season. The season runs from Memorial Day to Labor

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Phoenix rises from the desert

The pandemic has driven consumers to shift purchases to online retail. This continues to drive demand for warehouse space as

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2021: The year of the supply chain domino effect

The economy continues to open at a staggering pace as we enter 2021’s halfway mark. But it’s evident that the

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Mango mania arrives with high freight rates

June is National Mango Month and July 22 is National Mango Day this year, according to the National Mango Board

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Truck shortage drives growers nuts

Each state has crops that dominate annual production and generate thousands of truckloads of freight, but few do so to

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Carrot growers face a shortage of trucks this summer

In any non-pandemic year, DAT typically sees dry van and reefer spot rates peak around the July 4 holiday week.

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Truckers could be seeing orange with summer construction

The I-40 Hernando de Soto Bridge closed last week due to poor condition. The bridge closure forced the 40,000 daily

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