Friday, March 24, 2023
FreightWaves Passport
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In
No Result
View All Result
FreightWaves Passport
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In
No Result
View All Result
FreightWaves Passport
No Result
View All Result
Home 3PLs

Trucking Markets: LAX to DAL breaks $3/mile

by John Paul Hampstead, Director, Passport Research
Tuesday, August 25, 2020
in 3PLs, News, Passport Research, Trucking
Reading Time: 1min read
0
Trucking Markets: LAX to DAL breaks $3/mile

(Photo: FreightWaves / Jim Allen)

Trucking spot rates out of southern California and Texas are extraordinarily high as the volume growth and tight capacity in those markets drive the rest of the freight cycle. Tender rejections out of Los Angeles have topped 28%, and the average spot rate from Los Angeles to Dallas, inclusive of fuel, is $3.02/mile over the past seven days on Truckstop.com.

The upward action in tenders, rejections and rates is being driven by the fundamentals of the freight market and represents a cyclical inflection rather than a mere seasonal pattern. As such, we expect these conditions to prevail through the rest of this year as freight is given back to shippers and repriced and relationships between transportation providers and their customers are reshuffled.

The artificial shortage of student drivers due to the closure of driving schools during the pandemic and the Drug and Alcohol Clearinghouse will make it more difficult for trucking capacity to enter the industry, in our view.

We’re also approaching peak hurricane season. Hurricane Laura is forecast to make landfall near Port Arthur, Texas, as a Category 3 storm early Thursday morning. A shift westward in Laura’s path would put the storm over warmer waters for longer and put Houston at risk. Historically, tropical cyclone activity in the Atlantic Basin reaches its peak in the second week of September, so we have some way to go before we’re out of the woods.

Members Only

You have selected content that's only available to members of FreightWaves Passport. As a member, you gain immediate access to the most in-depth and informative freight research available. It's your gateway to continuing education.

Members also get:

  • Access to exclusive community dedicated to discussing the most important challenges facing freight.
  • Monthly and Quarterly Freight Market reports keeping you informed of industry trends.
  • Much, much more!

Click below to learn more and sign up today!

Subscribe
Existing Passport subscribers may log in using the form below.

 
 
Forgot Password
Tags: 3PLsfreight brokeragelogistics researchPassport Researchspot market volatilitytransportation researchTruckingtrucking markets
ShareShareTweetSend

John Paul Hampstead, Director, Passport Research

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.

Related Posts

3PLs

Rocky road on the way in 2023?

Monday, December 12, 2022
Department stores find leading economic indicators in freight market data
3PLs

Department stores find leading economic indicators in freight market data

Thursday, November 17, 2022
Lumber companies face complex freight decisions
3PLs

Lumber companies face complex freight decisions

Wednesday, October 26, 2022
Next Post

Intermodal markets: Volumes up 5% with room to run

Popular Research

  • How much freight do the top 100 shippers in the U.S. control?

    How much freight do the top 100 shippers in the U.S. control?

    0 shares
    Share 0 Tweet 0
  • How much freight do the top 100 shippers in the US control?

    0 shares
    Share 0 Tweet 0
  • Q1 2020 Carrier Outlook

    0 shares
    Share 0 Tweet 0

By Categories

  • 3PLs (119)
  • Carrier Outlook (6)
  • Featured (71)
  • Financials (22)
  • Freight Market Outlook (1)
  • Global Trade (6)
  • Intermodal (109)
  • Most Popular (27)
  • News (81)
  • Passport Research (35)
  • Rail (98)
  • Shippers (33)
  • Special Topic (99)
  • Technology (19)
  • Trucking (160)

FreightWaves Passport




Research built for present and future c-suite executives.





Benefits

  • Research
  • Education
  • Community
  • Events

Research by Topic

  • 3PLs
  • Carrier Outlook
  • Featured
  • Financials
  • Freight Market Outlook
  • Global Trade
  • Intermodal
  • Most Popular
  • Special Topic
  • Trucking

Resources

  • Webinars
  • Meet the Team
  • Contact Us

© Copyright 2021 | FreightWaves, Inc. | All Rights Reserved

No Result
View All Result
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In

© Copyright 2020 | FreightWaves, Inc. | All Rights Reserved