A report published Wednesday by Morgan Stanley Research highlights demand expectations and how carriers and brokers are hungry for freight. The 37-page report is a combination of survey data and pricing models, with expectations and sentiment for the next three months indicating a negative outlook.
According to the survey, the demand for freight remains strong, with one shipper saying,...
On Wednesday, the American Transportation Research Institute (ATRI) released its annual report on the operational costs of trucking. The report, which has been published annually since 2008, is based on motor carrier financial and operations data from 2021.
Below are some highlights from the report and press release:
As noted in multiple articles by Craig Fuller, the founder and CEO of FreightWaves, the 2022 freight market is in a cyclical crisis due in part to much lower freight volume and lower freight rates. In addition, the cost of diesel fuel (ULSD) has risen rapidly over the past few months, and has topped $6 per gallon in markets around the nation (and is even higher in numerous locations).
FreightWaves SONAR
Since its inception, FreightWaves SONAR has provided its subscribers with an extensive series...
As the U.S. Chamber of Commerce’s expert on supply chain and customs-related issues, John Drake recently added two related policy areas — transportation and infrastructure — to his portfolio that are also major priorities for his members.
In his new role as the vice president of transportation, infrastructure and supply chain policy, Drake is tasked with leading the Chamber’s advocacy on all those issues on Capitol Hill and within the administration.
Given his promotion earlier this month, we...
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Learn more at SONAR.FreightWaves.com
https://www.freightwaves.com/news/weekly-fuel-report:-july-06,-2020