Bracing for a U.S. coronavirus epidemic
We game out best, base, and worst cases for the U.S. macroeconomy, financial markets, and freight markets.
We game out best, base, and worst cases for the U.S. macroeconomy, financial markets, and freight markets.
Rates into L.A. are more expensive; rates out are lower. That's bearish for West Coast freight markets.
Volumes stay in negative territory on a year-over-year basis, providing little support for spot rates.
Railroads performed the best, while LTL earnings cratered.
Rates bounced up for a week but underlying fundamentals stayed soft.
Contracted truckload volumes go negative year-over-year.
We experiment with a Landstar BCO dataset to get a read into absolute capacity.
Trucking markets slide into typical January conditions.
Three factors are contributing to a tough environment for operators of trucking assets.
Tender rejections held steady at about 7.5% and demand was flat year-over-year.