truckload spot rates
McLeod Software integrates FreightWaves TRAC truckload spot rates with PowerBroker, LoadMaster
googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });
Birmingham, Alabama-based transportation management system provider McLeod Software recently...
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
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...
Use FreightWaves SONAR with Tai TMS to maximize margins
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
Rate imbalance exacerbates trucking capacity issues
Chart of the Week: SONAR Market Dashboard TRAC spot rates for Elizabeth, NJ to Dallas and Los Angeles to Dallas SONAR: Market Dashboard App
There is no doubt the unprecedented amount of goods demand is the primary contributor to the shortage of transportation capacity, but one consequence of such sudden strong growth has been a disproportionate increase in truckload rates between markets across the U.S.
The two lanes depicted in this week’s chart from the FreightWaves SONAR Market Dashboard are...
https://www.freightwaves.com/news/rate-imbalance-exacerbates-trucking-capacity-issues
Refrigerated remains most challenged truckload mode heading into the holidays
Chart of the Week: Reefer Outbound Tender Rejection Index, Van Outbound Tender Rejcection Index, Flatbed Outbound Tender Rejection Index – USA SONAR: ROTRI.USA, VOTRI.USA, FOTRI.USA
Refrigerated — or reefer — capacity continues to be the scarcest of the three main truckload trailer types heading into the holiday season. Reefer tender rejection rates, a measure of carrier compliance with higher values leading to more expensive prices, have increased by 8 percentage points since the first of...
Truckload spot market eerily calm prior to traditional peak season
Chart of the Week: Truckstop.com Average Van/Reefer/Flatbed Rate per Mile – USA SONAR: TSTOPVRPM.USA, TSTOPRRPM.USA, TSTOPFRPM.USA
Truckload spot rates have been slowly declining since Labor Day for the three main equipment types of dry van, refrigerated (reefer) and flatbed loads. The declines have been nominal, with the all-inclusive rates falling the most (4%) for refrigerated loads and just over 1% for van and flatbed freight. As discussed in last week’s chart of the week, a rapid rise in fue...
https://www.freightwaves.com/news/truckload-spot-market-eerily-calm-prior-to-traditional-peak-season
FreightWaves releases FreightWaves’ TRAC Spot Rates and Market Dashboard
FreightWaves has formed the Trusted Rate Assessment Consortium (TRAC) to provide the freshest view of spot rates in the U.S. inside the new Market Dashboard application in SONAR. Combined with its database of millions of data points, SONAR has the most comprehensive view of the transportation markets available.
Craig Fuller, FreightWaves founder and CEO, stated, “Working alongside dozens of spot market participants, FreightWaves has created the freshest and most relevant set of data in the...