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Category: Market Update

Why do we keep adding ships to the SoCal port queue?

It’s great to ask why ocean carriers continue to send ships to the overburdened ports of Long Beach and Los

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Where did all the drivers go? And are they coming back?

At the recent Gearjammer Magazine Truck Show in New Hampshire, the overwhelming message from truck owners was, “We can’t even

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National dry van spot rates broke $2.50/mile for the first time

Peak-season shipping is well and truly underway, especially on the West Coast where about a third of all imported containers

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Has the e-commerce tide turned?

There is an emerging consensus that the retail party is starting to run its course as retail tonnage begins to

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Dry van carriers should prepare for shifting freight demands

The latest release of the Retail Truck Tonnage Index from Michigan State University indicated July tonnage remained strong. “We are

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After a tumultuous year, it’s time for carriers and drivers to pump their brakes

Carriers need to be prepared for the Commercial Vehicle Safety Alliance (CVSA) Brake Safety Week set for August 22-28. The

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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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