Using the California Advanced Clean Trucks (ACT) rule, the Biden administration’s proposed Phase 3 truck rule sees the EPA potentially imposing stricter standards on carbon dioxide emissions for truck makers and buyers.
FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.
Data insights play a large role in company planning and responsiveness across all levels of the supply chain.
Will Hurricane Ida impact freight contracts? Will carriers move from shippers’ contracted freight to the spot market?
Dynamic contracts are shorter in duration and respond to sudden market shifts and changing business needs.
MoLo reveals how its “service-always” operating philosophy is affecting financial performance.
Rates inbound to Seattle, California, and New York are climbing rapidly.
Freight brokers expect spot rates to ramp this week, but the long-term outlook is uncertain.
Spooked shippers are trying to lock in capacity ahead of the holiday push.
Contract rates are still sliding down against steady spot rates.
Multi-modal data and channel checks with freight brokers point to a good setup for peak season.
Rates could break out either to the upside or downside.
Commentary by Bill Driegert, Senior Director of Uber Freight, explores the current and near-future of on-demand freight.
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
We look at the trucking futures forward curve, Morgan Stanley’s index, the Coyote Curve, and projections from Susquehanna.
Expedited carriers and brokers discuss the reasons for weakness in expedited spot markets.
On Monday afternoon at Transparency19, Addison Armstrong, executive director of trucking freight futures at FreightWaves, moderated a conversation between Nodal Exchange, where freight futures are traded, DAT, whose rate indexes […]
FreightWaves has also observed downward pressure on contract rates and the beginning of a capacity bleed-off.
Despite a crash in truckload spot prices (approximately 50% of ECHO revenue), the freight brokerage beat analyst expectations.
Green shoots: reefer capacity is tightening in south Florida, south Texas, and southern California.
Have a strategy that you believe in and don’t forget to price in volatility, Feig said.
J.B. Hunt wants to make freight marketplaces more efficient by making information more transparent.
Guests at FreightWaves headquarters enjoyed a cocktail reception, dinner, and talks from industry luminaries.
The boundary between spot and contract pricing is always shifting, especially when freight markets are volatile.
The audience in Atlanta was one of the most engaged and informed to date.
Today’s selloff on soft revenue growth guidance went too far, according to Stifel’s Bruce Chan and Susquehanna’s Bascome Majors.
Spot-heavy 3PLs are looking for freight while brokers with good contract relationships are getting rewarded.
Capacity is as loose as ever, but some freight brokerages told us they don’t trust the market to stay cool.
We spoke to brokers from Avenger, Axle, LYNC, Redwood, MoLo, and K & L about their hopes and fears for January freight.
We spoke to executives at Arrive Logistics and LYNC Logistics about the challenges in covering their customers’ exceptions and service failures in the lead-up to Christmas.
Executives from Axle Logistics, Network Transport, Transfix, and Convoy weigh in on peak season 2018: higher volumes and less volatility than 2017 means that most brokers are sitting pretty.
The Cass Truckload Linehaul Index reached another record high in October while the company’s Intermodal Price Index points to rising intermodal costs.
The investment bank issued a report this morning calling for one more spot rate peak in the fourth quarter, followed by a softer 2019 that should still be 12% above the 2012-7 cycle. New price targets were also issued.
Coyote’s new white paper contains a stark warning to truckers and an optimistic promise to shippers, predicting a rapid collapse of spot rates.
K & L Freight has invested heavily in technology and data and grown 5x in the past two years. The next step is offering financial services to help their shipper customers hedge against spot market volatility.
After helping drivers out with automatic detention and its Power-Only program, Convoy has turned its attention to shippers, offering guaranteed, instantly bookable coverage of loads at realtime market rates.
Sophisticated freight brokerages can widen their margins when rates soften faster than shippers realize, but now’s a risky time to quote spot loads, because historical data suggests the market is about to tighten again.
The asset-light expedited LTL carrier posted strong volume and yield growth, and is tacking on intermodal businesses by M&A, but playing catch up with its truckload brokerage.
