Latest from Rates

Photo 719282 © Robert Pernell | Dreamstime.com
Dreamstime M 719282

Spot rates are lowest in three years, moderate expectations for Class 8 trucks and trailers

Oct. 12, 2023
Expectations for Class 8 trucks and trailers are moderate, as the freight market remains 'elusive.’ Future freight rebounds may also cause equipment production to slow due to ...
130809963 | 5m3photos | Dreamstime
Dreamstime M 130809963

Survey: Brokers optimistic about 2024, despite weak freight rates and demand

Sept. 8, 2023
Though spot rates have ticked up, they’re still running well below 2021, 2022, and the five-year averages for dry van, refrigerated, and flatbed. But 61% in the Bloomberg/Truckstop...
129654403 | Carolyn Franks | Dreamstime
Dreamstime M 129654403

As rates still lag, trucking forecast is cloudy going into 2024

Aug. 25, 2023
At barely $2 per mile for dry van and not much more for reefer and flatbed, it’s still tough for some carriers to live off the spot market—and other signs show their industry ...
Yellow Trailer Logo

More bad blood between Yellow and its union as Teamsters vow to strike

July 19, 2023
Union prepares to walk out July 24 after the LTL leader and No. 6 FleetOwner 500 for-hire company, which is facing the threat of insolvency, failed to make a July 15 health-care...
76096622 | Mike2focus | Dreamstime
Dreamstime M 76096622

Predictions of supply chain shock from UPS strike multiply

July 19, 2023
Package delays, held shipments, a spot-market surge, demand spikes but shrunken capacity—all predicted effects of a walkout at the package-delivery giant after the current contract...

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