2022 freight recession

Volumes are flatlining as spot rates slide further

This week’s FreightWaves Supply Chain Pricing Power Index: 45 (Shippers)

Last week’s FreightWaves Supply Chain Pricing Power Index: 45 (Shippers)

Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 40 (Shippers)

The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

The Pricing Power Index is based on the following indicators:

Shipment volumes...

https://www.freightwaves.com/news/volumes-are-flatlining-as-spot-rates-slide-further

Falling tender volumes erase most of last week’s gains

This week’s FreightWaves Supply Chain Pricing Power Index: 45 (Shippers)                                

Last week’s FreightWaves Supply Chain Pricing Power Index: 45 (Shippers)

Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 40 (Shippers)

The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

The Pricing Power Index is based on the...

https://www.freightwaves.com/news/falling-tender-volumes-erase-most-of-last-weeks-gains

Shippers are back in the driver’s seat on rates

This week’s FreightWaves Supply Chain Pricing Power Index: 45 (Shippers)                                

Last week’s FreightWaves Supply Chain Pricing Power Index: 45 (Shippers)

Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 45 (Shippers)

The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

The Pricing Power Index is based on the...

https://www.freightwaves.com/news/shippers-are-back-in-the-drivers-seat-on-rates

Shippers take pricing power as softening conditions continue

This week’s FreightWaves Supply Chain Pricing Power Index: 45 (Shippers)                                

Last week’s FreightWaves Supply Chain Pricing Power Index: 55 (Carriers)

Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 40 (Shippers)

The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

As first-quarter earnings continue to roll in...

https://www.freightwaves.com/news/shippers-take-pricing-power-as-softening-conditions-continue

Rejection rates continue rapid descent, pulling rates down with them

This week’s FreightWaves Supply Chain Pricing Power Index: 55 (Carriers)                                

Last week’s FreightWaves Supply Chain Pricing Power Index: 55 (Carriers)

Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 40 (Shippers)

The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

The Pricing Power Index is based on the...

https://www.freightwaves.com/news/rejection-rates-continue-rapid-descent-pulling-rates-down-with-them

Nussbaum counts on maintenance with new Class 8 trucks a year out

Nussbaum trucks at sunset

Brent Nussbaum and his employee-owned carrier get fewer new Class 8 trucks, but a strong maintenance program is helping keep its older trucks on the road longer.

Nussbaum Transportation doesn’t buy used trucks, so that option to add capacity is off the table. The company was recently named one of the Best Fleets to Drive For by the Truckload Carriers Association and CarriersEdge. It also was inducted into the Best Fleets to Drive For Hall of Fame. 

Brent, who became CEO in 2000 succeeding his...

https://www.freightwaves.com/news/nussbaum-counts-on-maintenance-with-new-class-8-trucks-a-year-out

Accepted tender volume rebounds over year-ago levels against soft comps

This week’s FreightWaves Supply Chain Pricing Power Index: 55 (Carriers)                                

Last week’s FreightWaves Supply Chain Pricing Power Index: 60 (Carriers)

Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 50 (Carriers)

The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

The Pricing Power Index is based on the...

https://www.freightwaves.com/news/accepted-tender-volume-rebounds-over-year-ago-levels-against-soft-comps

Won’t get fooled again: Truck manufacturers avoid overbooking Class 8 orders

Workers mate an egine to a chassis at Navistar plant in San Antonio

Class 8 truck manufacturers are trying to avoid a repeat of canceled and retimed orders in 2021 by slowing Class 8 order intake to a trickle and matching builds to the visibility they have into availability of semiconductors and other hard-to-get parts in an ongoing supply chain crisis.

Underlying demand vastly outpaces the number of preliminary orders tracked in March by ACT Research and FTR Transportation Intelligence, the two firms that get real-time order data from major manufacturers. ACT...

https://www.freightwaves.com/news/wont-get-fooled-again-truck-manufacturers-avoid-overbooking-class-8-orders

+ More