Reported 1 day ago
The freight market in early October presents mixed signals for small carriers, with slightly improved volumes and strong reefer freight, yet stagnant dry van rates and climbing fuel prices. As volumes dropped below 10,000, indicating a soft environment, tender rejections remain low and spot rates have shown minimal increases. The situation calls for careful monitoring of costs, especially fuel expenses, as reefer carriers seem to benefit amidst these challenges. Continued caution is advised as the market appears neither to be recovering nor deteriorating significantly.
Source: YAHOO