Zach Strickland and JP Hampstead talk about these uncertain times as volumes continue steady growth and tender rejections are up to 15%.
Dooner and The Dude are talking about what went down during week 1 of self quarantine in much of the USA. They cover layoffs hitting freight, XPO takes break up off the table, and airlines getting grounded.
Trucking Freight Futures trend lower in quiet trading session on Thursday as the spot National contract slips to $1.363/mile.
Trucking Freight Futures held steady on Wednesday as the April National contract (VNU) saw 10 more contracts trade at $1.375/mile.
Rates inbound to Seattle, California, and New York are climbing rapidly.
Trucking Freight Futures rally as the April National contract trades at $1.375/mile with more companies returning to the market to hedge their exposure to freight rate volatility.
Shen was previously chief operating officer and president.
Bulkmatic Transport of Griffith, Indiana, has acquired Illinois-based Paris Transport Inc. to add capacity and improve customer service.
The current crisis is stress-testing the technology of many transportation companies.
On today’s update, our market experts guide you through the coronavirus’ impact on trucking, demand, consumer spending, and more. In addition, we’ll catch you up on today’s top stories.
The Trucking Freight Futures markets finished Monday unchanged to mixed, pointing to continued tightening of spot market capacity.
Trucking Freight Futures posted moderate gains across the board on Friday to wrap up a tumultuous and volatile week.
FreightWaves SONAR can help those in the freight industry stay current with what is happening in transportation and logistics during the coronavirus pandemic.
Freight brokers expect spot rates to ramp this week, but the long-term outlook is uncertain.
Trucking Freight Futures finish higher on Thursday as capacity tightened to meet demand of panic buying caused by the coronavirus pandemic.
Trucking Freight Futures finished Wednesday’s session mixed as the East region shows strength on fundamentals and volume of imports.
Trucking Freight Futures stabilized to end slightly mixed on Tuesday as global equities and oil markets rebound.
In partnership with Arrive Logistics… shippers should communicate with their partners and stay focused on long-term strategy.
Trucking Freight Futures continued to decline on Monday as the collapse in the global equities and oil markets weighed heavily on rates.
The Trucking Freight Futures markets were dragged lower for the week as the outbound LAX lanes plunged on Friday.
Trucking Freight Futures appeared to find their footing on Thursday amidst the return of mild to moderate volatility in freight rates.
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the “trucking profitability paradox.”
Will capacity tighten and raise rates, or will volumes evaporate and crash them again?
Calm continued as the Trucking Freight Futures markets ended Wednesday mixed to fractionally lower and the Atlanta to Philadelphia lane continued to strengthen.
After a wild couple of sessions, calmness returned to the Trucking Freight Futures markets on Tuesday.
Trucking Freight Futures remained under pressure on Monday, despite a rebound in the U.S. equities markets, as March becomes the new spot month.
When companies are moving midsize loads, it can be almost impossible to find that balance within the traditional full truckload (FTL) and less-than-truckload (LTL) models.
Trucking Freight Futures significantly down for the week as February contracts enter expiration and fears of significant supply chain disruption grows.
Trucking Freight Futures tumbled on Thursday on growing fears of a global supply chain slow-down due to the continued spread of Coronavirus.
Ocean, intermodal and trucking data are flashing red. Don’t worry — DAT just made a bullish call on spot rates.
Though still quiet on Wednesday, activity in the Trucking Freight Futures began to return as the market deals with uncertainty.
Trucking Freight Futures continued treading water on Tuesday as the spot contract “roll” approaches at the end of this week.
Lowe’s sees positive sales comps in 14 of 15 regions, but full-year fiscal 2020 guidance disappoints.
Yokohama is expanding in the fast-growing 19.5-inch tire market with two new offerings for pickup and delivery and other Class 3-6 applications.
Private equity-backed trucking companies have had a tough time during this market downturn.
Fleet Advantage is adding predictive modeling to its ATLAAS platform, giving fleets a look at vehicle replacement cost savings at specific points in time.
Trucking Freight Futures stuck in neutral on Monday as Coronavirus fear grips market.
MyTruckScales is eliminating paper scale tickets through wireless technology that will save time for drivers and lower costs for scale owners
Despite the relative calm since last Tuesday’s trading session, Trucking Freight Futures finished the week moderately lower.
A pattern of stability has developed over the past two trading sessions as Trucking Freight Futures await next catalyst.
Montreal-based Energy Transportation Group moving on loads of bulk commodities as nervous shippers lose patience with two-week disruption of Canada’s rail services from pipeline protests.
February is National Heart Month. Truck drivers’ health is a key issue; here are some tips to get healthier!
A feeling of relative stability returned to the Trucking Freight Futures markets on Wednesday.
After taking a holiday breather, Trucking Freight Futures continued their February swoon on Tuesday.
We examine two historical freight market troughs, 2011 and 2013, to understand current dynamics.
Truck drivers in Brazil began a protest on Monday, aiming to disrupt operations at the Port of Santos.
With Trucking Freight Futures closed on Monday, new SONAR futures spot month data combined with the forward curves point to a continued soft rate environment.
A mixed session on Friday leaves Trucking Freight Futures seeing red for the week ending 2/14.
While capacity utilization in long-haul trucking is going down, the capacity needs of last-mile delivery are increasing due to the rise of e-commerce.
Trucking Freight Futures fell sharply on Thursday as the short-term impact of the coronavirus weighed on the market.
Trucking Freight Futures continued to amble along sideways on Wednesday while still looking for some direction.
Stock in Canadian transportation company trades more than 7% above offering price after CEO Alain Bedard rings opening bell on New York Stock Exchange.
Trucking Freight Futures forward curves point to a challenging rate environment for inbound and outbound Chicago freight.
Learn about nine different types of truck driving jobs that are available.
Manic Monday for Trucking Freight Futures with ten of eleven markets lower.
Many indicators are pointing to a better 2020 than 2019 for the freight industry, but several challenges remain, including impacts from the coronavirus.
A mixed Friday punctuated a mixed week for the Trucking Freight Futures markets.
Brian Aoaeh writes about the use of software and technology in the trucking industry.
Despite AB5 pause, California team drivers Jeff and Elyse Fink continue search for ‘truck-friendly’ state.
Trucking Freight Futures continued their slow descent lower with another down session on Thursday.
Trucking Freight Futures finish Wednesday’s session sideways to lower as the overall market looks for a catalyst to provide direction.
Echo protected its margins and issued positive guidance for Q1 and 2020.
Outbound LAX Trucking Freight Futures drop on Tuesday, pushing the overall market lower.
The gig economy is one more challenge for truck drivers.
The key metric “net revenue per truck per week” is explained by Chris Henry.
February National Freight Futures open the month higher on Monday, driven by strength in South and West regions.
Trucking Freight Futures are mostly lower as the spot month contracts rolled from January 2020 to February 2020.
Why are Class 8 orders a deeply cyclical, lagging indicator of truck demand?
Kayla Matthews writes about options if you are interested in starting your own trucking company.
FreightWaves SONAR has new information for subscribers.
National Trucking Freight Futures rise on Thursday as outbound LAX lanes gain on Dry Van tender rejections.
Trucking Freight Futures end Wednesday little changed as lanes in the West continue to diverge.
Trucking Freight Futures ended Tuesday’s session mixed with forward curves pointing to lower near-term rates.
Scott Burke expected the worst when the bird of prey hit his fully loaded Kenworth tractor-trailer going 50 mph. Instead, he got his rig to safety — and the bird is expected to make a full recovery.
Total TransBorder Freight: $107.1B of TransBorder freight moved by all modes of transportation, down 3.3% compared to October 2018 Most-used mode: Trucks moved $68.2 billion of freight, down 2.7% compared […]
Robinson aggressively cut prices to hold truckload volumes steady and grow LTL volumes.
DAL to LAX continues to stumble as Freight Futures open mixed to lower
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Dallas to Los Angeles futures (VDL) stumble in an otherwise positive week for Tucking Freight Futures.
‘No regrets’ as truck driver leaves California, citing hostile business climate
Trucking Freight Futures continued to firm on Thursday as bullish fundamentals emerge.
National Trucking Freight Futures rise on Wednesday as the East region regains some luster.
Anthony, Zach, and special guest Kyle Lintner from K-Ratio discuss how the freight market is disconnected from the general economy; are we truly out of a freight recession; and how Freight Futures work.
Shippers in a Morgan Stanley survey are optimistic over the macro environment and expect rate improvement moving forward. Plus, Chinese New Year impacts and supply chain sustainability takes a hit.
Celadon Group plans to ask Canadian court to recognize its U.S. Chapter 11 case as judge takes further steps to lock down Hyndman Transport assets.
Commercial liability insurance rates continue to spiral, with costs passed through to businesses and consumers. A primary culprit is a corrupt personal injury legal system where attorneys drive medical care. It’s time to change that.
Thursday’s National Trucking Freight Futures forward curve points to softness in spot rates through February 2020.
Trucking insurance premiums have skyrocketed in recent years, driven by nuclear verdicts, but instead of complaining, trucking companies should take steps to stop incidents from happening.
The Nolan Transportation Group and Transportation Insight roll-up continues apace.
National Trucking Freight Futures fall again on Wednesday under the weight of weakness in the East.
Celadon Group can’t sell off facilities without Canadian court’s OK, judge says as he prepares to place shuttered trucking company in receivership; ruling a victory for former employees, setback for U.S. creditors.
Trucking Freight Futures remain lower after Tuesday’s session with LAX to SEA (VLS) the lone bright spot.
Trucking Freight Futures open the week lower on Monday as SEA to LAX (VSL) continues to slide.
The companies share a vision of network optimization through continuous moves.
Logistics operations during the winter require companies to train employees, ensure preventative equipment maintenance and offer services that protect temperature-sensitive shipments.
Trucking Freight Futures recap for the week ending Friday, January 10, 2020: East region strengthens; West and South regions weaken
Chris Henry runs fleet profitability benchmarking and analytics for FreightWaves and facilitates the TCA’s TPP program. If you are interested in benchmarking your fleet’s performance with the best operators, join […]
