Passport provides proprietary insights into the transportation and logistics sectors, using surveys, fundamental research, financial modeling and simulation modeling. Passport takes that data and information to offer subscribers unparalleled deep research, analysis and insight on trends and conditions in the freight market.
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Reefer capacity remains tight, volumes are strong and spot rates are very high. In fact, at $3.29/mile including fuel, national average reefer spot rates on Truckstop.com’s load boards have not yet retreated from their YTD high. Midwest to the East Coast lanes have the most momentum and may continue getting more expensive through Q4, but in general we expect next month to be positive for rates. In 2019, reefer spot rates peaked for the year during the week of Nov. 17. In our view, absolute reefer capacity — the total number of trucks available for dispatch — is
Freight Market Outlook
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