Weekly Market Update for June 25th, 2024: The truckload market could remain oversupplied and will be for some time
We’re entering another unusual stage in the freight market as the market bounces along the bottom of a trough. The
Reefer report: The Pacific Northwest cherry season promises more truckload volume this year
In Stockton, home to the largest cherry-producing country in Lodi, CA, growers know that Washington, the following critical cherry-growing region
Flatbed report: Commercial construction backlog drops in May
Associated Builders and Contractors (ABC) reported recently that its Construction Backlog Indicator fell to 8.3 months in May, according to
Reefer report: Watermelon season rolls on
Growers are reporting heavier plantings in Northern Florida, Georgia, and Indiana this year, which means the season could run through
Flatbed report: Commercial construction spending slows in the first quarter of 2024
Even though U.S. non-residential construction spending has slowed this year, overall construction spending has grown over the past three years,
Dry van report: Truckload demand continues to bounce along a trough
According to Professor Jason Miller, a supply chain expert at Michigan State University, trucking demand continues to bounce along a
Weekly Market Update for June 16th, 2024: Explosive Atlantic hurricane season predicted for 2024
The 2024 hurricane season forecast, a significant development by the National Ocean and Atmospheric Administration (NOAA), AccuWeather, and Colorado State
Flatbed report: Chemical companies are signaling optimism about future economic conditions
Chemicals are essential building blocks for multiple industries, including manufacturing, agriculture, pharmaceuticals, and construction. And while most chemical shipments move
Reefer report: The U.S. cold storage market is expected to grow at a double-digit clip through 2031
A research report from Skyquest, a global market intelligence, innovation management, and commercialization organization, expects the U.S. cold storage market
Dry van report: The 2024 spot market starts to mirror 2019…and that’s not good news
Lower than-forecast diesel prices by The Energy Information Administration (EIA) provide truckload carriers with breathing room as we head into
Weekly Market Update for June 11th, 2024: The operating costs of battery-electric trucks outweigh the benefits
Like the proponents of autonomous trucks, who have struggled to demonstrate a viable economic model in the truckload sector, early
Dry van report: Truckload market conditions remain weak
According to Professor Jason Miller, a supply chain expert at Michigan State University, trucking companies need more good news as