A robust, proactive, and responsive security system is essential to reduce cargo theft risks effectively. Leading the charge in these solutions is remote live video monitoring. Learn more here.
In the latest episode of "The Freight Caviar Podcast", we sit down with Danny Frisco, CEO & Co-Founder at Rapido Solutions Group. He discusses the advantages and disadvantages of outsourcing and Rapido's future growth plans.
Plus, an EV maker partners with Ryder to test a hybrid diesel system, HappyRobot releases an AI update for brokers, and load board traffic declines over the past 3 months.
A post from Ash M., Account Exec at Trucker Tools, highlights a 205 net loss of MCs last week, a small sign of relief for the overstretched freight market.
DAT's Chief of Analytics, Ken Adamo, also shared his insights on capacity exits, commenting, "We've net lost nearly 36k interstate motor carrier authorities since October of 2022, and that number is still growing."
Alongside these exits, volume trends are stabilizing, matching 2023 levels and hinting at potential growth. However, tender rejections remain low, and diesel prices, though high, show a gradual decline. Equipment-specific insights reveal nuanced market behaviors:
Dry Van rates have dipped, with specific areas showing higher demand.
Reefer volumes increased slightly, indicating regional variances in demand.
Flatbed sees alignment with previous year levels, suggesting a market in transition.
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Freight markets show slow recovery signs, but challenges persist. Dive into the latest tonnage, load-to-truck ratios, and order data shaping the trucking industry.
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