In the News

Overdrive: ‘A heyday’ for rates on cross-border freight leaving Laredo

Demand for goods coming in from Mexico at the Laredo, Texas, border crossing is spurring significant per-mile rate hikes for loads out of Laredo into the rest of the U.S., says a prominent brokerage that works cross-border freight.

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Logistics Management: DAT Truckload Volume Index highlights surging spot market rates in August

Over all, the index increased up 1.1% from July to August and was up 0.8% annually.

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Overdrive: Peeling back the layers of the freight market as spot loads and rates boom

In large part, on the spot market anyway, 2020 has been a tale of two seasons, as many owner-operators and small fleets have experienced first hand in their own dealings.

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Wall Street Journal: Lumber Poised to Fall With Autumn’s Approach

Prices notched a record on Thursday but are likely to fall back to earth

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Wall Street Journal: West Coast Freight Networks ‘Bursting at the Seams’ With Surging Imports

In a sharp turnaround from the spring, freight railroads and trucking companies are scrambling to get workers and equipment in place to handle a surge in cargo.

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Transport Dive: The driver shortage: A big piece of the tight capacity puzzle

Retirements, career changes, and delays at licensing bureaus and training schools are clogging up the talent pipeline.

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Wall Street Journal Logistics Report - Number of the Day

9.0% - Increase from July to August in rates on the U.S. spot truckload market, according to DAT Solutions.

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Journal of Commerce: Shippers swallow higher contract rates to secure capacity

Shippers who locked in low contract truck rates in January or during the early days of the COVID-19 pandemic are now having to renegotiate prices to get capacity because of the sharp turnaround in freight volumes, according to motor carriers.

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Logistics Management: Fall trucking levels surprisingly high as industry rebounds from COVID-19 shutdown

Leading trucking executives and analysts say they are pleasantly surprised by the strength in freight demand coming out of the COVID-19-induced economic shutdown in early summer.

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The Packer: Diesel fuel still a bargain, but truck rates up slightly

Despite the reduction in diesel fuel costs, spot rates for refrigerated trucks have risen over the past year.

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