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50% More Freight Volume than 2019 and Hurricane Laura Update

Another record week in terms of freight volume being tendered. The United States now has 50.45% more tendered loads than this time last year. This is 20% higher than the March restock peak. Last week it looked as though tender rejections had peaked, but unfortunately, that was not the case. At 24.35% of loads being […]

Tight Truck Market/Mid-Year Outlook

Consumer confidence, ELDs and the driver shortage are driving the tight truck market.   Increased Tonnage and Volume due to Consumer Confidence According to the Market Demand Index (graph to the left), the spot market indicator rose to 35.3 in the last weekly update, compared to one year ago when the index was at 15.9. […]