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Reefer markets: Reefer carriers see lowest ORs in years

The national average refrigerated truckload spot rate on Truckstop.com’s load boards is an incredible $3.36/mile, including fuel. That has kept reefer tender rejections very high and operating ratios very low. We called the bull market for refrigerated trucking transportation in our June 1 note, “Reefer markets: Enjoying a positive setup.”

By |November 13th, 2020|3PLs, Featured, News, Special Topic, Trucking|

Reefer markets: Expecting a strong finish to 2020

The reefer market is following the dry van market, broadly speaking, and setting new highs in tendered loads, tender rejections and spot rates. The average reefer spot rate on Truckstop.com’s load boards rose to $3.33/mile last week, the highest rate in several years.   Reefer capacity is tighter now than

By |September 10th, 2020|3PLs, Featured, Trucking|

The SPAC boom

For the past six or seven years, an important growth driver of large private equity funds was the fact that private company valuations were higher than public market valuations, so investors and employees of companies had incentives to stay private longer.   But in the past two years, technology company

By |August 28th, 2020|Featured, Financials, Special Topic|

Please Mr. Postman

Two things can be true at the same time: The United States Postal Service is an invaluable public service crucial to the transportation of pharmaceuticals, official documents and much else, and it’s also in an unsustainable position and in need of a turnaround.   Many people are aware of the

By |August 21st, 2020|Featured, Most Popular, News, Shippers, Special Topic|