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According to our proprietary rate calculator, four out of the six lanes we monitor saw increases: LAX-DAL (+$0.02), CHI-ATL (+$0.02), ATL-PHL (+$0.03) and DAL-LAX (+$0.01). Volumes rose w/w with both the West and East Coast performing well. Trucking capacity remains loose with the national outbound tender reject index at ~5.5%.
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John Paul conducts research on multimodal freight markets and holds a Ph.D. in English literature from the University of Michigan. Prior to building a research team at FreightWaves, JP spent two years on the editorial side covering trucking markets, freight brokerage, and M&A.