Dry Van Report: More drivers needed in 2024
When the current freight market cycle ends and the next one begins, one thing is for sure: We’ll need more drivers and trucks.
Dry van report: Chinese New Year – the Year of the Dragon
The first quarter, or “Quiet Season” in freight, is also impacted by a slowdown in Asian imports. Except for 2020,
Dry Van Report: November imports drop following October peak
The latest IHS Markit/PIERS import data for November reports a 9% month-over-month (m/m) volume decline. Notably, West Coast volumes are
Dry van report: Fewer long-haul carriers take the industry off-ramp in November
The rate of long-haul carriers exiting the industry slowed in November following the exodus reported by the FMCSA in October.
Dry van report: The contract freight market continues to soften
The contract freight market continues to soften despite the American Trucking Associations’ (ATA) advanced seasonally adjusted (SA) For-Hire Truck Tonnage
Dry van report: Contract and spot market freight shippers continue to save using intermodal
A soft truckload freight market is driven by factors including U.S. shippers’ increasing use of privately operated fleets and favorably-priced
Dry van market update: Truckload demand continues to move along a trough
Demand remains uncertain for carriers as we move through the peak season in trucking. In the latest Trucking Ton-Mile Index
Dry van report: After losing market share in 2022, the West Coast could see more import volume in 2024
We could be witnessing a reversal of last year’s diversion of import volumes away from the West Coast to the
Dry Van Report: ATA tonnage index records most significant drop in almost a year
The American Trucking Association’s seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 1.1% in September after increasing by 0.2% in
Dry Van Report: Record Halloween spending could boost dry van volumes
We celebrate Halloween this week, and there are signs dry van carriers have benefited somewhat through higher spot market volumes.
Dry Van Report: Exiting the current freight recession could be slower than expected
As the hope of freight market recovery in 2023 fades, even the forecast scenario for improvement in Q2 2024 is
Dry Van Report: Logistics industry reaches a turning point
The September Logistics Managers’ Index (LMI) came in at 52.4, up 1.2 from August. This is the second consecutive month