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Cass freight data for January shows continued weakness, but the month included harsher-than-normal winter weather. The post Freight markets still bottoming out, Cass data shows appeared first on FreightWaves.
The current level of deterioration is historically fast, meaning the truckload market has the increasing potential to flip to a much tighter environment without much notice. The post Trucking authority correction accelerates appeared first on FreightWaves.
The early stages of this recovery are characterized by a rebalancing market, a return to normalcy after a four-year roller coaster of volatility. The post The long road to recovery appeared first on FreightWaves.
The sustained imbalance between supply and demand has yet to be corrected, such that only an unprecedented tidal wave of demand could satisfy the current amount of capacity in the national freight economy. The post Crosswinds threaten soft landing appeared first on FreightWaves.
Spot rates did eventually see a boost at the start of the new year, albeit one that was unable to meet our prior forecasts. The post Better late than never appeared first on FreightWaves.