Watch Now

contract rates

FreightWaves Staff Friday, November 20, 2020

Can LA and Dallas lead the spot market higher?

Both truckload tenders and tender rejections rose this week. If spot rates are to continue the succinct but lagging dance with tender rejections, we should see spot rates inflate over the next two weeks. Also, with Thanksgiving just a week away, drivers will be seeking freight that drives them toward home, which typically pushes rejections and spot rates higher.

Read More »
FreightWaves Staff Friday, October 23, 2020

Carriers cruising into red-hot holiday season

This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for […]

Read More »
Kevin Hill Thursday, October 3, 2019

Rocky economic data leads to uncertainty for pricing power

Last Week’s Pricing Power Index: 35 (Shippers) The trucking industry operates in a market based on real-time demand and supply. When demand is higher than capacity, carriers gain negotiating power for rates. When supply is higher than demand,  shippers gain negotiating power for rates.   FreightWaves’ Pricing Power Index uses the analytics and data contained in […]

Read More »
Contributed Content Tuesday, July 31, 2018

Reinventing Contractual Freight: Introducing a Real-Time, Guaranteed Rate for Routing Guides, Resulting in a 20% Increase in Load Coverage

We consistently hear from shippers that the contractual freight process is failing them. It’s a slow and static process that is misaligned with the fast-paced and volatile freight market. Today, we are announcing Dynamic Backup giving shippers real-time, guaranteed prices for contractual freight. Read the Full Blog Post

Read More »
FreightWaves Staff Friday, November 10, 2017

Rise of spot rates shifts pricing power to carriers and away from brokers

For the first time since DAT began reporting its data in the current format, the monthly spot rate has exceeded the contract rate at the same time in all three modes.  And the latest DAT Trucking Freight Barometers are continuing to signal that the ‘fall surge’ is happening for the first time since 2007.  Now is a good time to have secured capacity and a bad time to be locked into contract rates.

Read More »