The freight market underwent a significant change during the second quarter. The spot market softened significantly, fuel prices soared, inventory ...
Despite shippers’ attempts to improve routing guide compliance by repricing awarded freight higher, the spot market has outrun contract rates. ...
Asset-based truckload carriers are in their best position since 2018: Revenue per driver per week is surging, empty miles are ...
Expect volatility to the upside in Q4.
We don't think that capacity will loosen soon, but upward pressure on contract rates will take time.
Diesel rack prices are falling faster than retail, but we're bearish on values for 3 year old trucks.
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