The summer surge of freight hit the West Coast ports and is working its way through the national network. Now it’s Dallas’ turn to blow up: its outbound tender rejection index is outperforming the national average by 60% over the past three months.
Roadcheck 2018 is now in full swing. Here at FreightWaves, we thought we’d examine the freight market data in SONAR–our SaaS platform that launched in beta on May 22nd–and see how inspections week is affecting the industry.
For months, West Coast spot rates have been softening, allowing brokers to take big margins and shippers to move freight inexpensively, with short lead times. That’s about to change.
Mudslides and a dead Pacific Northwest are contributing to high northbound rates coming out of Los Angeles, while extreme winter weather in the Northeast and freight backbuilds are keeping Chicago hot.
TomTom Telematics North America has identified the top 5 most congested cities in the United States, and the cities on the list should be no surprise to truck drivers.
Total accepted loads from LA to Seattle have dropped 60% in a week; spot rates in and out of Los Angeles are up by as much as 35% in seven days.
Teamsters union Local 848 has initiated a strike at the ports of Los Angeles and Long Beach today to protest what they say is misclassification of their employment as independent contractors.
