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
Midwest I‑35 Corridor Sees Demand Surge, Coasts Lag
This is exactly what is happening, according to our data. The center of the country, along I35 is experiencing a surge of demand, while the coasts are much slower
Post‑CNY Container Surge Set to Strain US Trucking
Ocean container imports are just starting to roll in from CNY. This index tracks container at the point of bookings, which take about 3 weeks from bookings date to hit US ports. It is updated daily. In coming weeks, we will...
Drivers Cheat Drug Tests Through “Bruh” Service
1 in 85 truck drivers that had previously failed their drug tests went to "bruh" to get cleared. He turned in "clean" drug tests so that the drivers could return to work. The problem? Most of them wouldn't have passed.
Sal Explains Why the US Navy Won’t Clear Strait
Sal gives us a clinic on the reason that the US Navy has not cleared the Strait.
Carrier's Market Persists: Shippers Who Refuse Concessions Lose Trucks
This is a carrier's market. There are zero signs that things are cooling, in fact, in recent days the market has firmed significantly. Many traffic managers at shippers have not seen a carrier's market and are unprepared. If they have...
SONAR's Real‑transaction Data Beats Ghost‑load DAT Signals
Ken Idunno Adamo was the cheerleader of team weather in February. He couldn't see that the freight market was cooking because of the sub-prime nature of DAT's data. I don't blame Ken for not taking the $5k bet, knowing that...
Averitt Reports Rising LTL Activity
Averitt, a regional LTL provider, is seeing an up-tick in LTL activity. - Transport Topics https://t.co/VUzWyUSgRw
SONAR Subscription Eliminates Guesswork on Rally Resilience
Adamo needs a SONAR subscription to augment his DAT one. He wouldn't have had to guess on the resilience of the rally.
Ontario, CA Hits Extreme Tightening as Freight Booms
Ontario, California flipped to "Extreme Tightening" for capacity over the weekend, as the freight economy starts to heat up and Spring shipping starts to cook. Ontario is heart of the Inland Empire, the ocean of warehouses and distribution centers near...
Spot Rates Rising, Poised to Lift Contract Rates
Trucking spot rates on the move; contract rates stable for now. Spot rates are going to pull up contract rates. https://t.co/ZwPKv4PP3D
Weekly NTI Set to Surpass $2.90 per Mile
The national truckload index, daily report, is signaling that weekly NTI is poised to break $2.90/mile tomorrow. Rates firmed sharply late last week. For those following at home or on Blue to Blue, ticker is SONAR: NTID.USA https://t.co/jxA5L55Osk
Flatbed Market Lacks Capacity, Housing Season Looms
While it is end of the quarter, I’m afraid this is just a small preview of what’s coming. Zero capacity relief in the flatbed market and we haven’t hit housing shipping season yet. https://t.co/VZsgYs7mmA
Short‑lived Traffic Managers Fuel Impending Carrier Revenge
The issue at many major shippers is that the tenure of the traffic manager is less than two years. They've never seen a carrier's market. They don't know what its like when truckers have the power. Carrier's Revenge is...
Freight Market Flipping: Unprecedented Capacity Churn Sparks Demand
The SONAR team has been telling shipper and broker clients for months that every capacity signal was warning that the freight market was flipping and it wasn't just holiday peaks or weather. Unprecedented capacity churn with early green shoots in...
West Coast Surge Pulls Long‑Haul Truckers Eastward
The West Coast hasn't been participating in the trucking market surge, as the ports were slow this March due to CNY. That is about to change. We are seeing significant tightening in the Los Angeles freight market as containers start...
Routing Guides Collapse, Trucks Vanish, Budgets Suffer
Routing guides getting wrecked. It’s just starting. The “it’s just the weather” crowd is going to have a hard time to explaining to their bosses why trucks aren’t showing up this spring and budgets are getting obliterated.
Unprepared Shippers Face Exploding Transportation Budgets
Shippers that didn’t prepare for higher transportation costs this year are about to have their budgets blown out.
Pilots Spend Most of Flight on Radio Check‑ins
Sad but true. Most of what a pilot does mid flight is to check in and let ATC know they are still in radio contact or changing frequencies.
Trucking Spot Rates Surge Amid Tight Capacity
New day, new cycle high. National trucking spot rates up to $2.89/mile. +$.11/mile in the past week. Spiking demand + tightening capacity will keep new entrants from ruining the party. https://t.co/By2VKHcsO8
Brokers Discouraged From Asking Questions, Blame Trial Attorneys
Brokers are taught to not ask too many questions. Don’t like that? Blame the trial attorneys
Post‑CNY China‑US Container Shipments Just Beginning
He has this backwards. Containers from China to the US post CNY are just getting started. https://t.co/GdRTZKb28Q
GLP‑1 Drugs Cut More Truckloads than UP‑NS Merger
GLP-1s will take more truckloads off the road than the proposed merger between UP and NS. Grok estimates 3m truckloads reduced as Americans consume less calories. The proposed merger is expected to take 2m truckloads out.
Trucking Crisis: Unknown Drivers Threaten Safety and Economy
Jillian is an expert in transportation cybersecurity. The trucking industry is facing an unprecedented safety, security, and economic crisis because we don't know who is driving our trucks.
Iran War Spares Global Container Volumes; CNY Hits China, Vietnam
Despite the headlines, global container trade volumes are largely unaffected by the Iran War (CNY is the reason that China and Vietnam are down MoM). https://t.co/YplrKgSLTc
Trucking Spot Rates Surge Nationwide, Blue Dominates Map
This map tracks trucking spot rate momentum by market over the past 4 days. It tracks the percentage of lanes out of a market that are experiencing rate increases vs. decreases. If more than 50% have increases, the market will...
West Coast Container Surge Fuels Trucking Volume Rally
Trucking volume rally continues to firm. With west coast container volumes finally showing up, market volumes should sharply increase in coming weeks. https://t.co/8OE3jShFEz
LA Rejection Spike Signals Imminent Capacity Shortage
Rejection levels out of LA nearly double over the past week, shooting above 7% overnight. The role of Southern California in the psychology of shippers can not be understated. This "overnight flip" of LA will signal to shippers to...
Dalilah’s Law Threatens 200k Drivers, Sparks
The Compliance Crackdown has eliminated approximately 12k drivers from trucking over the past year. Rates and tender rejections have recovered to the same levels they were before the Great Freight Recession. Dalilah’s law could eliminate 200k+ drivers and deliver the biggest capacity...
Barrier Removal Fuels Unsafe Carriers, Hurts Lawful Shippers
Non-compliant motor carriers have thrived, while compliant motor carriers have suffered untold economic hardship. This is the travesty caused by eliminating the barriers to entry.
Kamala Would Flood Trucks, Driving Rates to Near‑zero
🤣 We’d have a bottomless pit of capacity and trucking spot rates would be trending towards a dollar
Dalilah Bill Split Could Spark Trucking Super Cycle
Two versions of the Dalilah's bill are in Congress: House - Out of committee and up for a vote. Non-dom CDLs expire within 12 months. Senate - Still in committee. Non-dom CDLs expire within 6 months. TD Cowen estimates that...
Class 8 Truck Orders Surge 157% Year‑over‑Year
Fleets are starting to feel a little feisty... Class 8 truck sales coming in STRONG (157%+ YoY)
Carriers Back Truckstop Consolidation to Boost Fuel Margins
Little secret: The large truckload carriers love a consolidated truckstop industry. When Pilot and Flying J were contemplating a merger, the DOJ reached out to the largest carriers and asked their opinion. They were generally supportive. They wanted consolidation in retail fuel. Why? Less...
Freight Rates Surge as Capacity Constraints Hit
We are well past the major weather disruptions to freight - the bears have run out of reasons to avoid rate inflation. The market melt up is real.
Trucking Spot Rates Stay Elevated Amid War, Fuel Worries
Despite concerns about the war and fuel, the clearing price for trucking spot rates (i.e. what a broker must pay to move a load) has remain elevated the entire time. https://t.co/qu4A4SUtFm