In the News

Business Insider: The US freight recession keeps getting deeper

Apr 17, 2024

A leading freight company is seeing its stock tank after weak trucking volumes led to a first-quarter earnings miss on both profit and sales.

Supply & Demand Chain Executive: Refrigerated Truckload Rates Fell in March

Apr 17, 2024

Spot truckload rates continued to slide in March as demand for trucking services moved toward typical seasonal levels, reported DAT Freight & Analytics.

The Wall Street Journal: J.B. Hunt Earnings Tumble in Weak Freight Market

Apr 16, 2024

J.B. Hunt Transport Services’ profit and revenue fell in the first quarter as demand for its domestic intermodal service softened more than expected and trucking volumes fell in a weak U.S. freight market.

AP: DAT Truckload Volume Index: March spot rates drop on modest volumes

Apr 16, 2024

Spot truckload rates continued to slide in March as demand for trucking services moved toward typical seasonal levels, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.

The Wall Street Journal: Trucking Oversupply Is Weighing on Carriers’ Earnings Outlooks

Apr 15, 2024

A push by retailers and manufacturers to cut shipping costs is sending trucking industry hopes of an earnings rebound into a skid.

Transport Topics: When Will Freight Market Conditions Improve?

Apr 12, 2024

Stubbornly weak freight market conditions have been placing financial strain on third-party logistics companies for the past couple of years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.

Journal of Commerce: US truckload exits slowing, LTL pricing ‘normalizing’ in second quarter

Apr 12, 2024

The “worst” of the two-year freight downturn appears to be over, but not all sectors of trucking are recovering at the same speed, analysts said during a Journal of Commerce webcast.

Transport Topics: Spot Market Rebalance Slows Amid Volatile Capacity

Apr 11, 2024

The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.

The Baltimore Banner: If a bridge falls in Baltimore, does an auto dealer in Ohio feel it? We tried to find out

Apr 10, 2024

With the wreckage of the Francis Scott Key Bridge in Baltimore behind him, Maryland Gov. Wes Moore made the rounds on CNN, MSNBC and Fox News to discuss the disaster.

CCJ: Supply needs to get back into balance with demand, experts say

Apr 09, 2024

Capacity has continued to decline at a slow and steady pace, according to ACT Research.