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We're bringing you Arrive Logistics' Q1 2024 freight rate forecast, detailing spot and contract rates for dry van and reefer, with insights on market trends and turnaround expectations.
Arrive Logistics has updated their 2024 Freight Rate Forecast and we're breaking down the key points.
Spot Rates & Market Turnaround: Expect spot rates to inch up as 2024 rolls on, with a reset happening amid seasonal swings. The magic moment when contract rates hit their low point could be around Q2 or Q3, signaling a potential market uplift.
Key Metrics:
Demand and Supply:
About this forecast: Arrive's forecast relies on in-depth research of historical data and analysis by the Arrive Insights team.
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