Category: BLOG

September 21, 2020

We have seen a very slight down turn in rates but it is still a very hot spot market. The spot market is not going to collapse overnight but we have seen a very slight downturn to rates in certain areas after the Labor day peaks. We do traditionally see rates fall after holidays so…

September 14, 2020

Last week we saw the capacity crunch continue after the Labor Day holiday with spot market rates still holding strong. Is the capacity tightness and high pressure on rates going to continue? We believe it will, there is a lot of demand for truck load capacity from the nation’s largest retailers that are running on…

August 31, 2020

Hurricane Laura’s impact on the freight market will place greater strains on the spot market.  The demand for trucks in the disaster areas will continue to have long lasting impact as infrastructure damage becomes clearer and historically truck capacity gets pushed into these areas for the relief efforts. Trucks and trailers, whether temperature control for…

August 17, 2020

The spot market continues to be on the increase in many regions with a soft slowdown to rates in very few regions. Freight volumes to available trucks ratio is above market expectancy and continues to crunch capacity.     This year so far there has been no signs of any usual seasonal freight trends and…

August 10, 2020

LATEST ADVISORY SPOT MARKET UPDATE Spot volumes have continued to climb and are above what we have seen over the last two years and carriers continue to be in a strong position. We have not been for the last few weeks in any form of seasonal market trends or performance.  We are in uncharted territory…

August 3, 2020

FREIGHT VOLUMES REMAIN STRONG The freight market had another record week of volume to truck ratio increases. The continuous expansion of freight volumes has multiple reasons and in the long term we are still looking to the industry to resolve and overcome many market challenges, such as high unemployment, stimulus packages, health and safety issues for employers, and…

July 27, 2020

Freight volumes continued strong.   Traditionally July is a much softer month in freight volumes and spot rates, however this has not been the case this year. The average long haul spot rate has continued to push higher even after July 4th and there is continued uncertainty of when freight volumes will flatten.   There…

July 13, 2020

Freight volumes remained strong as driver safety week starts Continuing to sync our view with the market, we expected the holiday rates to increase as normal in line with produce season. This to us was normal, but the volatility has been extreme. The national average had diverged significantly even after the holiday lead up.  …

July 6, 2020

As the US economy continued its slow opening, and the strain of produce season increased output freight volumes and we saw an increase of freight rates on the spot market, capacity was strained leading up to the July 4th holidays.    While we see COVID-19 cases rising in a number of states, this week we expect…

June 30, 2020

The countries phased reopening took place during a time of intense seasonal upward pressure on rates. The higher rates we’ve been seeing in recent weeks seem to be aligned to the typical seasonal trends providing at least some piece of normality in what have otherwise been turbulent times for everyone. The usual late spring / early summer…