🎣 The 19% Freight Shift
Plus: a Wyoming pipeline blast snarls a key freight corridor, brokers double down on U.S.–Mexico, truckload hauls shrink to record lows, and more in today’s newsletter.
FreightWaves data shows truckload haul lengths hit an all-time low of 522 miles in August. With shorter hauls, EV adoption becomes more practical, adding a new dynamic for freight brokers.
FreightWaves contributor Adam Wingfield argues that trucking remains in a “Great Trucking Recession,” with suppressed rates, bankruptcies, and structural challenges hitting small carriers harder than 2008.
U.S. construction spending fell 0.4% in June, extending a decline that threatens freight demand, as fewer housing projects reduce shipments of building materials, appliances, and home goods.
Craig Fuller clarifies that his comments on Project44’s Movement platform were misrepresented by FourKites CEO Matt Elenjickal
In the latest episode of "The Freight Caviar Podcast", we sit down with Dylan Admire, the owner, and CEO at Freight Essentials. He shares insights on trusting your business partner, handling lawsuits, and more.
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