Loaded and Rolling: Supreme Court COVID ruling; Freight costs climb; Consumer confidence climbs

The Supreme Court ruled Thursday on the Biden administration’s vaccine mandate. (Photo: Shutterstock)
Supreme Court blocks COVID vaccine mandate for large businesses

On Thursday, the Supreme Court ruled in a 6-3 decision that blocked enforcement for vaccine or testing requirements for large private companies over 100 employees. Prior to the decision, the Occupational Safety and Health Administration issued new guidance, stating the vaccine mandate rule would not apply to solo truck drivers. 

In...

https://www.freightwaves.com/news/loaded-and-rolling-supreme-court-covid-ruling-freight-costs-climb-consumer-confidence-climbs

Loaded and Rolling: Driver recruiting and supply chain pressures

Driver recruiting challenges, pay and demographics trends
(Photo: Jim Allen/FreightWaves)

Driver recruiting remains a key challenge heading into 2022 due to pandemic, demographic and economic trends. Pay and wages remain a central theme in both driver recruitment and retention, with carriers raising base driver pay multiple times in 2021 to keep up with demand. These pay raises are passed off onto shippers and consumers through higher freight rates and transportation costs, fueling inflationary...

https://www.freightwaves.com/news/loaded-and-rolling-driver-recruiting-and-supply-chain-pressures

Backdrop for carriers picture perfect as produce season begins

This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

The DHL 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:

Load volumes: Absolute levels and momentum positive...

https://www.freightwaves.com/news/backdrop-for-carriers-picture-perfect-as-produce-season-begins

Increasingly difficult yearly comps are a distraction; the market is rolling

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

The DHL 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:

Load volumes: Absolute levels positive for carriers,...

https://www.freightwaves.com/news/increasingly-difficult-yearly-comps-are-a-distraction-the-market-is-rolling

Buckle up — rates and volumes up 20% year-over-year and trending higher

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 75 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 65 (Carriers)

The DHL 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.

Last week, the Passport Research team wrote that the week ahead would be a bellwether for the holiday season. We...

https://www.freightwaves.com/news/buckle-up-rates-and-volumes-up-20-year-over-year-and-trending-higher

Welcome to the top; get comfortable

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL 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.

It may be time to call the top, but it also may be meaningless. Freight volumes may have peaked, but they will...

https://s29755.pcdn.co/news/welcome-to-the-top-get-comfortable

Spot rates up 33% year-over-year and trending higher — is the peak near?

This week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

The DHL 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.

To account for the rejected tenders in our Outbound Tender Volume Index, a new metric, accepted tenders, has been...

https://www.freightwaves.com/news/spot-rates-up-33-year-over-year-and-trending-higher-is-the-peak-near

When will the contract market catch up with spot rates?

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

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

There is no change in the Pricing Power Index this week despite a continuation of the trends we’ve seen...

https://s29755.pcdn.co/news/when-will-the-contract-market-catch-up-with-spot-rates

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon