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Q2 sees slower rate of trucking business exits, but market remains challenging. Here are the latest industry data and expert insights.
Driver wages remain the largest expense. Safety bonuses ($1,831 average) surpassed starting bonuses for the first time.
Morgan Stanley's latest TLQURE model forecasts significant increases in truckload spot rates over the next year. What does this mean for the industry?
Southeastern carriers are rejecting loads at the highest rate since July 2022, breaking a two-year trend of low volatility and loose capacity.
Supply chain professor Jason Miller analyzes June truckload data, suggesting the market won't meaningfully flip to carriers until Q2 2025 at the earliest.
Leathers highlighted that inventory levels have normalized, allowing retailers to enter a replenishment cycle not seen in years.
Despite the challenges, the transportation market shows signs of potential regional balance, particularly in the southern markets.
RXO joins C.H. Robinson and Forward Air as the latest to face debt downgrading.
Spot rates up 11 cents since May start, driven by temporary factors like Blitz Week and Memorial Day. Long-term sustainability uncertain.
Arrive Logistics' May 2024 Freight Market Update reveals key trends, rising rates, and import forecasts. Here's a rundown of the latest insights on freight demand and supply.
Despite a shaky start in April, late-month improvements in freight metrics suggest potential for a boom within the next year.
Year-over-year freight rates reveal surprising regional trends as the trucking market continues to anticipate a shift.
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