As federally regulated and bonded companies, freight brokers are involved in assisting shippers find competitive rates for their shipments/loads by utilizing their network of trucking companies. QuickTSI provides information on freight brokers across major US cities. You can view freight brokers businesses...
In the USA, trucking is responsible for most of the overland freight movement. Its market size is over $1.1 trillion. This includes the transportation of goods (via road) from manufacturing plants to distribution centers, the transportation of building materials to construction sites, and the trans...
Trucking spot market rates continue their ascent.(FREIGHT RATES)Berman, Jeff
This week, you may have read this: “Trucking conditions crashed to pandemic lows this fall“. In her coverage, Rachel Premack of FreightWaves this week wrote that, according to the American Trucking Associations, “its for-hire tonnage index in November experienced its largest monthly decrease s...
Uber Freight’s data show deadhead mileage up, from 15.4% to 16.3%, indicating a weak market. Worse yet, rates declined, whereas costs moved in the opposite direction. Spot rates dropped to $2.19 per mile in the first half of the year. Despite a nine cent decline in diesel prices, oper...
Weekly ratios for dry van, reefer and flatbed capture pressures in the market. Operations Tracker How truck spot rates are shifting Dry van rates tightened amid an “ongoing exodus of small carriers,” DAT Principal Analyst Dean Croke noted. ...
Carrier Revenge: The freight market’s impending power shift In the ever-evolving landscape of the freight industry, a new phenomenon is emerging that threatens to upend the delicate balance between shippers and carriers. Known as “carrier revenge,” this impending shift in market dynamics promises...
From 1935 to 1980, trucking was like a public utility. The US government regulated all aspects of the industry, set freight rates for commodities (except agriculture) and limited new competition by carriers. Truckers were some of the highest-paid blue collar workers -- equivalent to u...
the sector encounters hurdles from global and domestic market uncertainties, including escalating borrowing rates, inflationary pressures, and the looming specter of a recession. The projected worldwide downturn in crude oil prices over the next five years poses a threat to the US tank trucking indust...
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