The easy-to-use program allows brokers to reward drivers directly for specific actions they complete within the Trucker Tools app.
Historically, November is the month in which maritime imports begin to move inland for their final push before the holiday shopping season. Yet such imports were lost at sea this year, failing to materialize during ocean shippers’ peak season. This one-two punch of weakened import volumes and overstocked retail inventories means that carriers are left with fewer opportunities to source freight.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Trucker Path bridges the gap between brokers and carriers, connecting over 1,000 brokers with over 1 million app users.
Shippers are expected to do their due diligence when it comes to choosing carrier partners. That includes choosing companies that are working within FMCSA guidelines, a task that requires knowledge of said guidelines.
Fourth-quarter 2022 Freight Sentiment Index (FSI) numbers show near-term pessimism for carriers but slight optimism for shippers, 3PLs and carriers in the longer term.
As many carriers know, properly maintaining a truck can cost more than $15,000 a year if nothing goes wrong. When unplanned breakdowns happen, they’re rarely a quick and convenient fix. […]
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Freight brokers and 3PLs should focus on accommodating carriers’ technology needs in order to improve service levels.
Hurricane Ian boosted spot rates in the southeast over the past 10 days, but as rejection rates and volumes decline, when will spot rates on a national level take another step lower.
Driver turnover is expensive, and trucking operators cannot afford to keep turning over virtually their entire workforces on a yearly basis if they hope to bolster their bottom lines.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
One area that carriers have emphasized this year is “ugly freight” – or non-conveyable shipments. These are packages that are hard to put through their automated systems.
With more choices than ever, shippers must come up with a plan for choosing — and evaluating — their carrier partners.
Mexico’s proximity to the Americas and favorable operating environment has made it an attractive location for many U.S. companies wanting to expand or move their manufacturing operation.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Predictive maintenance offers reprieve from expensive roadside crises
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.
Contract and spot rates continue their downward trend despite volume levels and rejection rates flattening out…
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Melissa Forman chats with Anne Reinke and Mark Baxa about how important it is for there to be communication across all platforms in order to create a more efficient payment process for carriers.
A FreightWaves survey of carriers suggests most believe California’s AB5 independent contractor law will affect their business.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
With the goal of becoming more competitive and efficient in today’s evolving truck transportation market, shippers are looking for large carriers for partnership from beginning to end.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Kellogg Co. was chosen as a Shipper of Choice — an award that recognizes retailers and distributors that value their carrier relationships.
Even in a loose market, technological solutions aimed at optimizing freight movements remain useful.
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
In the nine days since July began, OTRI fell 141 basis points (bps) to its lowest level in over two years: 6.7%. In the three days following that bottom, OTRI clawed back 50 bps. At present, however, it seems as though any upward momentum upon which it could have built has been lost.
Volume levels are depressed this week by Monday’s holiday. The national average rate of tender rejections sunk below 7% late in the week, but linehaul spot rates…
Learn how Concept Logistics is Using Parade and Tai Customization to Perfect Their Tech Stack
Volume levels have made a final push before the second quarter ends. The national rejection rate has recovered from its earlier dip below 8%…
In the upcoming quarter, Trucker Tools will home in on the broker and carrier relationship by introducing a couple of mutually beneficial tools.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 8%…
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Rising fuel costs have affected every link in the supply chain across all modes of transportation.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Pitney Bowes Parcel Shipping Index predicts record numbers ahead
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Primo is looking to change logistics industry norms by partnering with companies in the industry to teach them how to provide new services to their customers.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
The way that transportation has been traditionally bought and sold has left shippers and transportation providers siloed and connected only to those partners within their existing network.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
In order for freight operations to run smoothly, the relationship between carriers and shippers should be strong.
Volume levels have restarted the decline after recovering after Easter Weekend. The national rejection rate has fallen below 9%…
Parade’s leading software learns from every carrier interaction received to better match brokers with the right carriers.
Tender volumes and tender rejection rates are both on a rapid decline, signaling trouble for the truckload market. Carriers and shippers alike will need to…
Spot rates continue the rapid descent as truckload capacity continues to loosen rapidly. At the same time, accepted tender volumes turn…
Tender rejection rates are rapidly headed toward single digits, causing spot rates to resemble a black diamond slope rather than the bunny…
How trains help make a car
FreightWaves’ Thomas Wasson discusses how technology can help enterprise fleets with Transix’s Beth Howard.
Tender volumes and tender rejection rates are both on a rapid decline, signaling trouble for the truckload market. Carriers and shippers alike will need to…
Carriers interested in conducting driver training for both property carrying and passenger carrying commercial motor vehicles must now meet requirements set forth under FMCSA’s entry-level driver training rule, including registering their programs with the TPR.
Freight Intel brings all shipping activities onto one platform, allowing shippers to access all their data in seconds.
Tender volumes and tender rejection rates are both on a rapid decline, signaling trouble for the truckload market. Carriers and shippers alike will need to…
In the market today, more and more companies in freight are turning to brokerage companies for help.
Both tender volumes and tender rejection rates take a breather over the past week. It’s too early to be called a trend but definitely…
Both tender volumes and tender rejection rates take a breather over the past week. It’s too early to be called a trend but definitely…
Consumers are becoming more aware of both the urgency of climate change and the complexities of the supply chain. Companies should be prepared for consumers to start calculating supply chain sustainability into their purchasing decisions.
“FreightTech is only as good as the relationships that FreightTech enables and the data feeding into freight technology,” said Michael Johnson, EVP of strategy at Redwood Logistics.
Both tender volumes and tender rejection rates take a breather over the past week. It’s too early to be called a trend but definitely…
Tender volumes recover most of last week’s decline while rejection rates continue their slow downward trend despite contract rate increases…
Parade’s capacity management solution integrates seamlessly with Tai’s TMS system to help freight brokerages
JLE Industries is considering a variety of solutions to help more than 70% of its customers satisfy their ESG mandates.
Tender volumes take a February nap, sliding 4% over the past week while rejection rates were flat despite weather affecting certain markets..
Summar focuses on helping small carriers with one to 30 trucks sustain and grow their businesses.
Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…
Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…
Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…
Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…
Shippers are buoyed by the promise of falling rates in the coming months, but this optimistic outlook may put even more strain on rate negotiations in the meantime.
Tender volumes continue to outperform year-ago levels. Rejection rates are continuing to rise in a unseasonable pattern placing pressure…
To view the list in its entirety, please visit freightwaves.com
Rates reach new highs as capacity was slow to return to the road following the holidays. Tender volumes are soaring as demand is unrelenting…
The No. 1 place to find or post a job in the freight industry
Truckload volumes are beginning to erase holiday noise associated with Christmas and New Year’s. Rejection rates are staying elevated…
Taking a minute to remember there is a human with his or her own needs and desires behind that big rig wheel; freelancers are great if you have a task you hate doing; and bringing back what we outsourced is the new hotness.
After a year of record revenue, carriers are staying of the road during the holiday weeks, holding rejection rates higher for longer…
Deutsche Post DHL Group is ranking its road transport subcontractors on their level of sustainability.
Rejection rates are now back above 22%, the highest level since early September. Pricing power moved further to carriers despite the holiday related tender volume collapse.
Rejection rates have surged past the 21% level on the national level. Meanwhile, volumes have turned positive year-over-year. The combination of tightening capacity and stronger demand is placing upward pressure on rates.
After a couple of oddball years, shippers and carriers alike are anxious to see how the market rebalances — or doesn’t — after the new year.
Volumes turn downward heading into the Christmas week while rejection rates have rebound back above 20%. Carriers still maintain a firm grip on pricing power in the market.
Volume levels are following a similar trend to 2019, just 40% higher. Tender rejection rates are trending sideways, likely to move higher over the next week.
Tender volumes decline but remain elevated compared to ‘normal years’ meanwhile rejection rates have found footing around 20%.
Tender volumes decline but remain elevated compared to ‘normal years’ meanwhile rejection rates have found footing around 20%.
Digital RFPs allow shippers to award bids faster and perform far less manual labor, bolstering their bottom lines and allowing them to repeat the RFP process more often.
We are expecting seasonal slowdowns and a lower sense of shipper urgency following the holidays to allow easing rate pressures, however, capacity constraints are expected to remain in place.
Tender volumes have started to erase the Thanksgiving noise. At the same time, rejection rates have plateaued around the 20% mark.
Thanksgiving noise continues to mask freight volumes, but that noise will be erased in the upcoming days. Meanwhile, Thanksgiving drove spot rates higher over the past week.
Echo Global Logistics’ Jay Gustafson describes the best formula for managing transportation needs.
Thanksgiving always leads to a sharp decline in tender volumes. Leading into Thanksgiving freight markets experienced an uptick in accepted volumes.
Spot rates didn’t experience the uptick that rejection rates did last week. Thanksgiving is impacting both freight volumes and capacity.
Rejection rates have accelerated over the past week as drivers start to come off the road for the holiday.
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels.
