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: spot rates stabilize

by John Paul Hampstead, Director, Passport Research
Tuesday, June 2, 2020
in 3PLs, Trucking
Reading Time: 1min read
0
Trucking Markets: spot rates stabilize

(Photo credit: Jim Allen / FreightWaves)

Trucking spot rates are finding their floor as volumes start grinding higher.

In the next few weeks we have our eye on two important volume stories. We’ll watch to see what effect the re-opening of Texas has (restaurants, movie theaters and malls will re-open with limited capacity beginning Friday) on southern California, Phoenix, Dallas and Houston volumes. That could provide an important boost for national truckload volumes, as early April rallies in Los Angeles and Dallas have largely faded.

There are, of course, a number of other states planning to re-open sooner rather than later, but with New York and California closed, Texas is the most populous, and most consequential for freight volumes.

Secondly, we’re concerned about food supply chains, especially meat processing and packing in the Midwest. Low levels of automation and close quarters in meat plants have contributed to hundreds of infections and a number of plant shutdowns, which have disproportionately affected the Midwest.

Although there may be some gamesmanship in executives’ reports of ‘broken’ meat supply chains – especially as companies look to pump sales and angle for government assistance – we also hear from freight brokerage executives that reefer capacity in those markets has been affected. Check our ‘freight demand’ section for more details on which Midwest markets have seen reefer volumes drop.

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: Coronavirusfreight brokerageTruckingTrucking spot rates
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: What would a rebound look like?

Intermodal markets: What would a rebound look like?

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