
Truckload linehaul rates continue to rise, according to the Cass Truckload Linehaul Index. With demand increasing and capacity decreasing, along with the last two quarters showing an unusually high number of carriers exiting the business, capacity is tight,
Read More →Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.
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FedEx Freight will increase shipping rates by an average of 3.9%, effective March 31.
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Truckload linehaul rates paid in January increased 2.9% from the same time a year earlier, resulting in the largest year-over-year increase in linehaul rates since last February.
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North American shipment volumes and freight expenditures both continued the decline that began in December after the economy abruptly reversed direction near the end of last year, according to the latest Cass Freight Index.
Read More →The third party logistics provider Transplace has released the results of its annual benchmarking study that includes data from more than 150 shippers, representing more than $12 billion dollars in annual freight spending.
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Truckload linehaul rates in November were 1.8% above the same month last year, according to the latest Cass Truckload Linehaul index.
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Spot market freight activity continued picking up steam the second week of December, following some improvements the week before as well as in November.
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Van rates on the spot market surged the first week of December, according to the freight-matching service provider DAT. Total spot market loads available increased 16% and spot market capacity increased 5.2%, while load-to-truck ratios increased across the board.
Read More →Effective Dec 30 UPS’ published rates for its services will increase. For package shipments, ground services and accessorial rates will increase an average net 4.9%.
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