#rate-increases
(27 articles)Typhoon Chaos Pushes Transpacific Rates to Peak Season Highs
Successive typhoons hitting Asia's major container ports since mid-July are creating severe congestion that is pushing transpacific ocean freight rates to new peak season highs. West Coast rates have
Parcel Shipping Costs Hit Record High as Fuel Surcharges Spike
U.S. parcel shipping costs are on pace for a third consecutive record quarter as carriers respond to rising crude oil prices by stacking fuel surcharges on top of general rate increases. FedEx and UPS
Ocean rates hit annual highs as US-China trade truce extends
A two-month extension of the US-China trade truce, negotiated between President Trump and President Xi Jinping, offers temporary policy clarity but does little to moderate surging ocean freight rates.
Knight-Swift eyes double-digit rate hikes as bid season nears
Knight-Swift Transportation is entering its annual bid season with plans for at least low-to-mid double-digit rate increases, capitalizing on a tight truckload market where tender rejection rates run
Knight-Swift Q3 Beats Estimates: Signs of Structural Freight Recovery
Knight-Swift Transportation reported third-quarter adjusted earnings per share of 83 cents, significantly exceeding analyst expectations and demonstrating sustained momentum in the trucking market. Th
Parcel Shipping Hits Record High: Peak Season Surcharges
The 2026 peak holiday shipping season arrives as the most expensive on record, with ground parcel rates climbing 5.8 percent year-over-year according to analysis from AFS Logistics and TD Cowen. UPS a
US Freight Rates Set to Rise in 2027, Say Market Analysts
The US freight market is anticipated to experience rising rates as 2027 approaches. This outlook reflects broader market dynamics affecting trucking and transportation capacity, presenting a cost head
LTL Rates Hit 8-Year High in Q3, Expected to Rise Further
Less-than-truckload rates have hit new record highs in the third quarter and are projected to climb even further by year-end, according to the TD Cowen-AFS Freight Index. The rate-per-pound metric fin
Freight Market Stabilizes: Load-to-Truck Ratios Ease Into Peak Season
The U.S. truckload market is experiencing a structural shift toward better balance and sustainability, according to Covenant Logistics Group CEO David Parker. Load-to-truck ratios moderated significan
Chicago Truckload Rates Climb as EASE Logistics Expands
EASE Logistics' expansion into the Chicago market arrives at a time when truckload rates continue their upward trajectory across North America. The entry of a new carrier into this competitive metropo
Maersk Emergency Freight Rates Signal Gulf Shipping Crisis
Maersk's introduction of emergency freight rates across Gulf maritime routes signals a significant operational and cost disruption affecting one of the world's most critical trade corridors. This move
US Drayage Capacity Crisis Pushes Rates Higher, Limits Growth
The US drayage market is experiencing mounting pressure from a convergence of capacity-limiting factors, with major carriers like Schneider explicitly citing drayage constraints as barriers to growth.
Saia's August Tonnage Growth Accelerates Amid Easier Comparisons
Saia Inc., a major less-than-truckload carrier, posted accelerating tonnage growth in August with an 8.7% year-over-year increase driven by easier prior-year comparisons and a robust rate environment.
Container Rates Climb Third Consecutive Week Amid Americas Demand Surge
Container freight rates are experiencing sustained upward pressure for the third consecutive week, propelled by robust demand in the Americas region combined with operational congestion at major Chine
Asia-Pacific to Europe airfreight rates rise despite volume pressure
Recent market data indicates that airfreight rates on the Asia Pacific to Europe trade lane are moving upward despite underlying volume pressures that typically drive rates lower. This counterintuitiv
Ocean Carriers Criticized for Rate Hikes Misaligned With Market
Xeneta's chief analyst has publicly challenged ocean shipping carriers for imposing rate increases that lack justification based on current market fundamentals, particularly on the Europe-US transatla
Freight Costs Spike as Importers Rush to Beat Trump Tariffs
Freight shipping costs are experiencing significant upward pressure as companies frontload imports to avoid anticipated tariff increases under new Trump administration trade policies. This demand surg
Indian Carriers Impose Surcharges as Demand Surges
Carriers operating in India's fastest-growing logistics corridors are implementing significant surcharges to capture margin from elevated demand, signaling a structural shift in regional freight prici
Trucking Capacity Tightens in July, Rates Hold Strong
July 2026 marked a significant tightening in the U.S. trucking market, with transportation capacity contracting at the second-fastest rate in the Logistics Managers' Index's 10-year history. The LMI c
Saia's Q3 Margin Guidance Disappoints Markets Amid Expansion
Saia Inc., a major North American less-than-truckload (LTL) carrier, reported mixed second-quarter results that failed to satisfy investor expectations due to cautious third-quarter margin guidance. W
Freight Market Tightens: Capacity Constraints Driving Rates Higher
The freight transportation market is experiencing significant tightening as supply-demand imbalances push rates upward across major trade lanes. Capacity constraints, driven by equipment availability,
CMA CGM Q2 Surge Signals Stronger Ocean Freight Market
CMA CGM's robust second-quarter financial performance demonstrates the structural strength of the ocean freight market as elevated freight rates continue to support carrier profitability. The company'
Iran War Drives Air Cargo Rates Up 35-40%, United Posts Record Q2
United Airlines reported a 22.6% increase in cargo revenue to $527 million in Q2 2025, driven primarily by yield (rate) improvements rather than volume growth. The surge stems from significant capacit
Truckload and LTL Rates Hit New Highs in Q3 2024
FreightWaves has issued a warning that both truckload (TL) and less-than-truckload (LTL) rates will reach new cycle highs in the third quarter, extending gains from the second quarter. The forecast re
TL and LTL Rates Hit New Highs; Q3 Surge Expected
Truckload and less-than-truckload freight rates have reached cycle highs in Q2 2026, driven by a multi-year industry recovery, capacity constraints, and elevated diesel fuel prices. The TD Cowen-AFS F
Contract Trucking Rates Jump 50¢/Mile as Market Tightens
The trucking market is experiencing a significant structural shift, with contract rates potentially increasing by as much as 50 cents per mile, a jump of approximately 20% according to Sonar data cite
Ocean Freight Rates Surge: What to Expect Next
Ocean freight rates are experiencing upward pressure as of June 2026, with market intelligence from Freightos indicating that additional increases are anticipated in the near term. This rate environme