Freight Market
Signs point to the trucking industry nearing the end of the current freight recession, with trucking revenue still high despite reduced demand. A market turnaround, however, is yet to be seen.
Trucking
Tiger Cool Express, an innovator in temperature-controlled domestic intermodal, has closed, impacting over 50 jobs. The closure follows declining demand for intermodal and low trucking rates.
Supply Chain
US cities see inflation return to Fed's 2% target. Major factors like energy costs and consumer spending reflect optimistic economic outlook.
Freight Market
Explore a 20-year analysis of U.S. trade shifts with China and the rise of South and Southeast Asian countries as significant trading partners.
Freight Market
Less-than-truckload carrier Yellow Corp. faces a financial crisis, potentially running out of cash by August. The Teamsters union, citing past mismanagement, refuses another bailout.
Freight Market
Comprehensive insights from the Cass Freight Index report for May 2023. Understand the latest trends in shipments, expenditures, freight rates, and the truckload linehaul index.
Freight Market
FTR forecasts a positive turn for dry van and reefer spot rates despite an industry-wide loss of capacity and concerns over economic inflation.
Freight Market
Landstar, the infamous company we freight brokers and dispatchers like to make fun of, is laughing right back at us. Their stock price reached a 52-week high yesterday at $188.78. While almost the entire stock market is in the gutter (besides tech companies that mention AI in their
Freight Market
Semi-truck sales are growing, but it's not because business is booming. It's a make-up for time lost during the COVID pandemic. Large truck companies couldn't buy new trucks from 2020 to 2022 due to supply issues and lack of drivers. Now, they&
Freight Market
China's exports have taken a surprising downward turn, falling 7.5% in May year-on-year, much steeper than the predicted 0.4% drop. This decline marks the first since February, stirring worries over the growth trajectory of the world's second-largest economy. The slump was
Freight Market
Greenscreens.ai provides its freight market update for June 5th, 2023, detailing the 30-day average rate per mile trend for dry vans across key lanes. The Baltimore, MD - Chicago, IL lane had an average length of 725 miles and demonstrated a 3.5% increase in the rate per mile
Freight Market
Despite a decline in US warehouse demand, rents are escalating due to constricted new capacity and stringent lending norms, with Prologis predicting a 10% increase this year; at the same time, building starts have fallen dramatically and available capital has reduced, due to the weakened market and high-interest rates.