trucking spot market

Flatbed keeps riding post-pandemic wave

Chart of the Week: Outbound Tender Reject Index for dry van, refrigerated, and flatbed – USA SONAR: VOTRI.USA, ROTRI.USA, FOTRI.USA

Flatbed capacity continues to be challenging to source over a year after the truckload market collapsed for dry van and refrigerated freight. Tender rejection rates, the percentage of loads carriers are unable to cover for their customers, have moved below 3% for van (VOTRI) and refrigerated or reefer (ROTRI) loads while flatbed rejection rates jumped back over 17%...

https://www.freightwaves.com/news/flatbed-keeps-riding-post-pandemic-wave

Load boards are broken — fixing them is critical

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Ghost loads. Bait-and-switch posts with inaccurate origin and destination information. Double...

https://www.freightwaves.com/news/load-boards-are-broken-fixing-them-is-critical

Will we see double-digit rate increases in transportation in 2021?

Chart of the Week: Outbound Tender Rejection Index, Cass Truckload Linehaul Index – USA, Producer Price Index – Long Distance Truckload  SONAR: OTRI.USA, CTLI.USA, PPI.LDTL

One of the biggest questions surrounding transportation is how spot rates will affect next year’s contracts, as rates averaged 20% to 30% higher than 2019 over the past three months. 

Tender rejection rates — the rate at which carriers reject electronically tendered load requests from shippers — have been a strong leading...

https://s29755.pcdn.co/news/will-we-see-double-digit-rate-increases-in-transportation-in-2021

The Daily Dash: Tight capacity could hamper hurricane relief

Hurricane Laura impact on truck capacity

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Hurricane Laura recovery is ongoing, but a lack of trucking capacity could hamper efforts. Plus, Tyson Foods is stepping up its relief efforts and spot rates could benefit from the hurricane.

Recovery on delay?

A tight trucking market could hamper recovery from Hurricane Laura, SONAR data shows. Relief efforts are greatly dependent on transportation of supplies into the disaster zones. With carrier...

https://s29755.pcdn.co/news/the-daily-dash-tight-capacity-could-hamper-hurricane-relief