One in Five Trucks Unsafe, Leading Accident Predictor
22% of all trucks on the road are unsafe at any speed and this is the number one predictor of accidents. There should be more outrage at the failure of trucking companies to ensure their equipment is maintained and safe.
SONAR Launches Real‑Time Rail Dashboard for Bulk & Intermodal Data
Excited to introduce SONAR's rail dashboard, which offers high-frequency bulk and intermodal data at your fingertips.
Critical Trucking Regulator FMCSA Severely Underfunded
The FMCSA is the most important regulator in trucking. Its job is to monitor the 800k registered motor carriers that transverse the highways. The problem: it is critically underfunded
Intermodal Spot Rates Rise Amid Tight Trucking, China Container Surge
Intermodal spot rates are starting to respond to tight trucking conditions and surge of containers from China post-CNY https://t.co/16XPKA9srV
From River‑Rail Junction to Global Logistics Hub
Chattanooga began as the city where the river met the railroad and it has become a global leader in logistics. Diesel runs through Chattanooga's freight founders.
Freight Rates Surge 12% as Flatbed Capacity Tightens
CH Robinson, the largest freight broker, ups their rate forecast to +12% this year. They also mention the incredible strength of flatbed trucking. According to SONAR, nearly half of all flatbed loads are being rejected by carriers. Source: FreightCaviar https://t.co/zBb6ZV8OkV
Flatbed Trucking Signals Bullish Freight Market Surge
Despite the noise around the war, this is the most bullish setup we’ve had in the domestic freight market since COVID. The industrials are roaring back, as proven by the strength of flatbed trucking.
Driving a Semi: Japanese Students' Iconic American Experience
We used to host Japanese exchange students and would take them down to the truck terminal to drive a semi and stop at the Pilot. It was the highlight of their American experience. Nothing is more American than traditional trucking culture....
Stolen Kit Kats Reveal Widespread Cargo Crime
It’s going to take a load of stolen Kit Kats for people to realize how pervasive and common cargo crime is.
Catch My Early CNBC Interview on Freight Outlook
I will be on CNBC at 5:15 AM ET today. Talking about the state of freight. Tune in!
Truckloads Surge as LTL Consolidates in Freight Recovery
The Cass Shipment index is an important barometer of freight activity, but there are some important nuances. The freight market had been in one of the biggest recessions in history. But in late November, we saw a surge of activity that has...
Chicago Stays Among Nation’s Tightest Housing Markets
Chicago was one of the first markets to tighten. Despite tightness spreading to other major markets, Chicago remains one of the tightest markets in the country. https://t.co/mLkRlRBTH3
Atlanta's Capacity Tightens Sharply, Rejection Rate Hits 13.6%
When capacity first started to tighten, Atlanta stayed out of the rally. In recent weeks, Atlanta has started to sharply tighten. Rejections at 13.62% https://t.co/3hELRXDncJ
Dallas Surge Redirects Trucks, Balances National Capacity
When a big market like Dallas surges, large carriers prioritize loads inbound to take advantage. This takes trucks from other parts of the country, but smoothes out the capacity map across the US.
Dallas Shifts From Backhaul Nightmare to Extreme Tightening
I'm old enough to remember when Dallas was a backhaul market and one of the worst places to send trucks to. That is has not been the case for many years and certainly not now. The Dallas market is experiencing...
Texas Capacity Tightens; Dallas Rejections Hit 19% High
Capacity out of Texas is tightening faster than any other market. Rejections out of Dallas surged to 19%, the highest levels since 2021! https://t.co/0Um53N20C4
Truckload Volume Index Hits 4‑Year High, Up 12% YoY
SONAR Truckload Volume Index continues to climb. +12% YoY, highest levels in 4 years https://t.co/7CorH9A2bO
FreightWaves Launches Low‑Cost National Freight Market Monitor
FreightWaves will be introducing a brand new low-cost data, new, and research platform of national freight market summary data for website browsers next week. We call this FreightWaves Market Monitor. It is a roundup of our national data, making it...
Flatbed Rates Surge, Contradicting Miller’s Flat Forecast
Can someone explain this why Jason Miller believes that flatbed spot rates are flat or down slightly in March? Is DAT's flatbed data that far off from Truckstop and SONAR (two completely independent data sources)? Even if you use Miller's...
DOT Actions Finally Boost Truck Drivers' Earnings
The hard working truck drivers are finally able to make hard earned money thanks to the DOT’s efforts
SBA Launches Huge Financing for Specialized Truckers
Reefer, hazmat, and flatbed truckers and logistics service providers were just given a massive financing vehicle by the SBA.
FreightWaves Launches Top‑Rated Daily Freight Market Show
FreightWaves Today, our daily freight market show coming in May, is now the most successful ad-supported show we've ever launched at FreightWaves. I will be the host alongside Julie, featuring Zach, Malcolm, Charles, and our team of market experts. Each...
Inevitable Conflict Drives Need for Self‑Sufficient Supply Chains
We’ve never been good at fixing things we blew up and we are the world’s best at blowing things up. It was never a matter of if we’d get into a kinetic conflict with Iran, but when. All the more...
Zero‑Carbon Policies Spark Australia’s Fuel Shortage Crisis
Australia faces a massive gasoline and diesel shortage, which is a travesty of its own making. NIMBYism and zero carbon policies are killing first world economies https://t.co/zOWEhNZ4qm
Truckers Praise Sec. Duffy as First Supportive DOT Leader
@SecDuffy is a rockstar among truckers who feel that he is the first DOT Secretary that has their back...
Truckstops Exploit Tax-Driven Diesel Price Gaps; West Coast Policies Blamed
The major truckstops already do this arb. They will move their diesel purchases between PADs to take advantage of price deltas at the rack. But a good portion of the diesel cost delta is actually tax and transportation related. The...
New Map Shows Diesel Cost Per Mile by Location
We've created a new map, which tracks the estimated cost per mile for buying diesel, depending on where you purchase fuel. https://t.co/JKDNneabWc
Flatbed Load Rejections Hit 50% This Weekend
Flatbed rejections remain extremely elevated as we head into the weekend. Half of all flatbed loads are being turned down by operators. https://t.co/RMKQZhvvwh
America Must Secure Supply Chains by Reshoring Production
This is the primary reason that I am adamant about moving production back to the Americas. It’s more expensive, but without it, we are incredibly vulnerable. If kinetic war breaks out in Asia, our supply chains are at substantial risk....
Truckload Van Rates Set to Beat 2021 Record
The record truckload van spot rate is $3.55/mile, hit in late 2021. I have conviction that we will surpass that this year. If we don’t, I will go to Turkey and get this haircut. https://t.co/vzD4gUx7Xc
Auto Rail Shipments Near All‑time Highs Amid Economic Uncertainty
Despite the noise in the economy, auto shipments via rail are near all time highs https://t.co/JLtQ05WOqa
US Chemical Rail Shipments Set New Historic Record
Last month, the US shipped more chemicals via rail than any other time in history. With a week to go, March will break that number... https://t.co/uOZuXMwy6j
Rates Surge Above Market Peaks Even Amid COVID
Wowzer... Sherif is see rates far above market peaks, even during the COVID slam https://t.co/7CmmVuEBD6
Turning a Fountain Into a Realistic Offshore Oil Rig
For the Motion Museum, we are going to convert the fish fountain that was inside of the Cabelas to the Gulf of America and put a giant offshore oil rig in the middle of it. Think Maelstrom from Epcot. We...
Van Spot Rates Surge to $3.04/mile, Bears Stunned
Trucking van spot rates back up to $3.04/mile on the daily. Not looking good for the bears. https://t.co/QNrWq6PjDl
Truck Spot Rates Surge to Cycle High, Vans $2.97
Trucking spot rates hit new cycle high as the rally continues. $2.97 for vans. +$.14 in the past week. https://t.co/QVmlK0jug1
Spot Rates Rebound Fully, Flatbeds Surge Amid Tight Capacity
Julie is correct. Trucking van spot rates have now recovered 100% of the diesel cost surge from this past month (+$.22/mile) and flatbed operators are doing even better (+$.59/mile). This only possible because capacity is so tight.
US Freight Market Hits Unprecedented Bullish Surge
You are not bullish enough. The trucking market is an 11 out of a 10 right now, with some the strongest charts since COVID. The resurgence of the US industrial economy and manufacturing renaissance is real, along with tightening capacity....
Truck Spot Rates Stable; Fuel Adjustments Skew Perception
Trucking spot rates are not down, despite the data in the Bloomberg terminal suggesting that is the case. Traders are looking at a calculated linehaul rate, which takes gross (what brokers pay to carriers) and then subtracts fuel on a predetermined...
Flatbed Rates Surge to $3.74/mile, Industrial Demand Spikes
Flatbed trucking spot rates +$.05/mile overnight to $3.74/mile as industrials show no sign of cooling. https://t.co/kpqUrejGlK
Domestic Intermodal Rail Jumps 8% YoY
Truckers aren't the only ones feeling the freight market surge. Domestic intermodal rail +8% YoY https://t.co/3KVVCFp8Q9
Hair‑follicle Tests Could Curb Trucker Drug Abuse, Not Racism
Lots of public attention towards non-english speaking truck drivers, but the industry has far bigger safety issues. One of them is the proliferation of drug and alcohol issues among truck drivers, including cocaine and opioids. Currently, truck drivers are only...
Freight Data Reveals Unprecedented Manufacturing Surge Since COVID
The freight data doesn't lie... It has been signaling incredibly strong manufacturing conditions for months. I am seeing some of the strongest freight volume charts tied to industrial activity I've seen since COVID. https://t.co/jJXPO8D1OQ
Flatbed Market Surges, Rates Soar Despite 40% Rejection
Why is DAT trying to talk down the flatbed market? Nothing is fading in flatbed. This is the most extreme surge in flatbed markets we have tracked in many years, with no sign of it cooling. Rejection rates remain above...
Trucking Spot Rates Hit 2022 Highs, Capacity Tightens
Trucking spot rates continue to rip, with daily trucking spot rates at their highest levels since March 2022. The flatbed market is showing some of the highest weekly spikes we have tracked, outside of COVID, a sign that industrials are...
Capacity Tightening Hits Major Port Cities DFW, DEN, MSP, MEM
This map signals market momentum for rejection rates. The more blue a market, the tighter capacity is projected to get over next few days. The more orange a market, the more capacity conditions are weakening. Conditions tightening in major port...
Rising Diesel Costs Neutralized by Higher Linehaul Rates
Despite much higher diesel prices, truckers are enjoying the best cashflows in years. The surge in linehaul rates over the past week have enabled small trucking companies to recover almost all of the increase in fuel costs. Chart: trucking spot...
Flatbed Rates Surge to $3.69/mile, Biggest Jump Since COVID
The flatbed market, the most sensitive to industrial demand, is on fire. Spot rates at $3.69/mile. +$.46/mile since the beginning of March. I haven't seen charts like this since COVID. https://t.co/YAEFIEkC4F
Van Spot Rates Surge to $2.94/Mile Amid Tight Capacity
Van spot rates on the 7-day chart jump to $2.94/mile as demand surges in recent weeks, against tightening capacity. https://t.co/Baw74kKjo8
Trucking Rates Surge to Highest Levels Since 2022
Trucking rates markets are smokin'. +$.03/mile overnight and $.32/mile in the past month. $3.04/mile on the daily chart, the highest level since March 2022, as freight demand firms in a backdrop of tighter capacity. https://t.co/Sabmv22Rjx
