truckload spot rates

Trucking, copper, cocoa: volatility roils commodities

The ongoing geopolitical realignment and escalating trade tensions are sending shockwaves through global commodity markets, reshaping long-established trade routes and supply chains. From copper to cocoa, and even the U.S. trucking industry, these shifts are creating both challenges and opportunities for businesses and investors alike.

The most visible impact of the trade wars has been on major freight flows, particularly in the crucial eastbound trans-Pacific ocean container lane connecting...

https://www.freightwaves.com/news/trucking-copper-cocoa-volatility-roils-commodities

Trucking execs see green shoots as industry awaits upturn

Signs that a freight recovery may be taking shape continue to surface, said trucking executives on the investor conference circuit this week. The overall sentiment is that the truckload industry is no longer in a recession and that normal seasonal trends have returned, but no one is ready to commit to when a meaningful positive inflection will occur.

“We know we’re coming off the bottom of the market,” Drew Wilkerson, CEO at truck broker RXO (NYSE: RXO), told investors at Citi’s 2025 Global...

https://www.freightwaves.com/news/trucking-execs-point-to-green-shoots-as-industry-awaits-upturn

Los ejecutivos de camiones ven brotes verdes mientras la industria espera la mejora

Los signos de que una recuperación de carga puede estar tomando forma continúa a la superficie, dijeron que los ejecutivos de camiones en el circuito de la conferencia de inversores esta semana. El sentimiento general es que la industria de la carga de camiones ya no está en una recesión y que las...

https://fullavantenews.com/los-ejecutivos-de-camiones-ven-brotes-verdes-mientras-la-industria-espera-la-mejora/?lang=es

Historic trucking rate disparity could cripple service in late ’24

Chart of the Week: Van Contract Initial reporting of average base rate per mile, National Truckload Index removing estimated fuel costs above $1.20/mile – USA  SONAR: VCRPM1.USA, NTIL12.USA

Truckload contract rates (VCRPM1) continue to show strong elevation in relation to spot rates excluding estimated fuel costs above $1.20 a gallon (NTIL12). This historic spread — currently about 30% versus about 12% in 2019 — suggests there is an extraordinary amount of potential disparity among rates in...

https://www.freightwaves.com/news/historic-trucking-rate-disparity-could-cripple-service-in-late-24

McLeod Software integrates FreightWaves TRAC truckload spot rates with PowerBroker, LoadMaster

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Birmingham, Alabama-based transportation management system provider McLeod Software recently...

https://www.freightwaves.com/news/mcleod-software-integrates-freightwaves-trac-truckload-spot-rates-with-powerbroker-loadmaster

Nothing less about less-than-truckload rates

Chart of the Week: Van Contract initial report base rate per mile, LTL Contract initial report average base rate per hundredweight – USA SONAR: VCRPM1.USA, LCWT1.USA

The freight market has been in a tailspin since the spring, but the less-than-truckload carriers are still increasing rates. Dry van truckload contract rates have fallen ~7% since June, according to FreightWaves invoice data. The same database shows about a 2% increase in LTL prices over the same time. Why do LTL carriers appear to...

https://www.freightwaves.com/news/nothing-less-about-less-than-truckload-rates

A major cause of inflation may have peaked; that’s good news for consumers but bad news for trucking companies 

A truck rolls down the highway. (Photo: Jim Allen/FreightWaves)

Note these sobering statistics:

  • Truckload spot rates have fallen by nearly one-third since the start of the year, while truckload contract rates have risen. 
  • The spread between truckload spot and contract rates are near an all-time high. 
  • Spot rates always lead contract rates, usually by about three months. 
  • Shippers (firms that buy trucking capacity from trucking companies) buy most of their capacity in the truckload contract market, which means they have not seen a reduction in freight rates...

https://www.freightwaves.com/news/a-major-cause-of-inflation-may-have-peaked-thats-good-news-for-consumers-but-bad-news-for-trucking-companies

Use FreightWaves SONAR with Tai TMS to maximize margins

Travis Rhyan, FreightWaves' Chief Product Officer, explains SONAR functionality. (Photo: FreightWaves)

FreightWaves, the industry-leading provider of data, analytics and news for global supply chains and logistics, and Tai Software, which offers a top emerging freight broker transportation management system (TMS), announce that FreightWaves Trusted Rate Assessment Consortium (TRAC) and SONAR Capacity Lane Score data will be available to Tai TMS customers that are also FreightWaves TRAC application programming interface (API) subscribers. 

The FreightWaves/Tai partnership brings FreightWaves SONAR...

https://www.freightwaves.com/news/use-freightwaves-sonar-with-tai-tms-to-maximize-margins

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