Reported about 14 hours ago
The truckload market is currently experiencing seasonal depression with freight volumes lower than usual, though there are signs of recovery as tender volumes have increased year-over-year. The FreightWaves Supply Chain Pricing Power Index remains steady at 40, indicating balanced negotiating power between shippers and carriers. This week, some regions, particularly in the Midwest, saw volume increases due to cold weather; however, overall national tender volumes declined slightly. As the market adjusts to these changes, spot rates remain elevated, suggesting a favorable shift toward carriers.
Source: YAHOO