#trucking-rates
(27 articles)JB Hunt pushes pricing higher as truckload rates hit cycle peak
JB Hunt's CEO stated during Q3 earnings that the carrier is prioritizing pricing aligned with the value it delivers, signaling a move to increase rates as the trucking market enters a favorable pricin
Trucking Rates Hit 52-Week High: Shippers Face 18% YoY Increase
Contract truckload rates have reached a 52-week high of $2.72 per mile plus fuel, representing an 18% year-over-year increase as carriers and shippers renegotiate annual agreements at elevated price l
Trucking Rates Rise as Capacity Exits Market, Not Demand
Trucking rates are rising in 2026, but not because freight demand is surging. Instead, carriers are exiting the market faster than freight volume is growing, creating a supply-side correction. SONAR d
Transport Costs Surge Across U.S. Economy, Pressuring Supply Chains
Rising transportation costs are becoming a critical challenge across the U.S. supply chain landscape, with inflationary pressures extending well beyond the logistics sector itself. This widespread cos
Schneider CEO: Immigration Halt Extends Trucker Shortage Beyond 4-Year Cycle
Schneider National CEO Jim Filter offered a sobering assessment of structural headwinds reshaping the trucking market, signaling that the current freight upcycle could extend well beyond the typical f
US LTL Truck Pricing Surges 4.5% in August, What It Means
US Less-Than-Truckload (LTL) pricing experienced a notable 4.5% increase in August, signaling a reversal in the freight market's recent softening trend. This data, tracked through the Producer Price I
US Freight Recession Persists Despite Rising Truck Rates
The US trucking industry remains mired in a freight recession despite increases in truck rates, signaling a fundamental imbalance between carrier capacity and shipper demand. Rising rates typically in
Diesel Prices Fall Again: What It Means for Your Logistics Costs
The Energy Information Administration (EIA) reports that the national diesel average has declined for the second consecutive time within an eight-week period, signaling potential relief for transporta
Covenant Logistics Targets Higher Margins as Freight Markets Stabilize
Covenant Logistics is positioning itself to capitalize on improving freight market conditions by pursuing higher-return growth opportunities rather than volume expansion. This strategic pivot reflects
Reefer Tender Rejections Hold Strong as Intermodal Captures 33% Savings
Refrigerated freight continues to experience elevated tender rejection rates at 20-20.5%, bucking the broader softening trend in van and flatbed markets. This persistence stems from both seasonal summ
US Trucking Rates Hit 4-Year High; Shippers Urged to Lock In Capacity
RXO's latest market analysis reveals a critical tightening in US trucking capacity, with spot rates climbing to their highest levels in over four years during the second quarter. The 32.4% surge in pr
Diesel hits war high at $5.65/gal, disrupting trucking costs
The benchmark ultra low sulfur diesel (ULSD) price has reached its highest level since military actions against Iran commenced in early March, hitting $5.652/gallon according to the Department of Ener
US Intermodal Traffic Surges as Shippers Flee Trucking Rates
US shippers are increasingly turning to intermodal transportation as an alternative to trucking amid capacity constraints and elevated truckload rates. While this represents a tactical response to mar
Trucking Industry Enters Structural Upcycle as Regulations Boost Profitability
The trucking industry is entering a structural multi-year upcycle characterized by sustainable rate improvements and regulatory tailwinds that industry experts believe will fundamentally reshape carri
Industrial Boom Drives Freight Recovery, But Driver Shortage Looms
The U.S. industrial sector is experiencing its strongest expansion in years, with the ISM Manufacturing index reaching 55.6 and marking seven consecutive months of growth. This expansion extends well
Modal Shift to Rail: Shippers Flee Soaring Trucking Costs
Shippers are increasingly shifting freight from trucking to intermodal rail transportation as truckload costs rise dramatically across key domestic corridors. Intermodal domestic container volumes hav
Trucking Rate Surge Signals Multi-Year Recovery Cycle Ahead
The trucking industry is entering a structural rate recovery cycle driven by four years of compressed margins and supply-side constraints. J.B. Hunt's over-the-road segment reported a Q2 loss despite
ArcBest Q2 Shows LTL Freight Recovery on Higher Shipment Weights
ArcBest's second-quarter results demonstrate meaningful recovery in the less-than-truckload (LTL) freight market, driven by heavier average shipment weights and improved pricing leverage. The company'
Truckload rates set to climb through 2027, warns rate indicator
Industry forecasting indicators are signaling sustained upward pressure on truckload rates across both spot and contract markets through 2027, signaling a structural shift in US transportation economi
Spot Freight Market Shifts Toward Shippers as Capacity Eases
The spot freight market is experiencing a fundamental rebalancing in favor of shippers, driven by easing carrier capacity and softer freight demand. This represents a significant departure from the ti
Freight Recession Ends: Trucking Market Rebounds as Rates Rise
Bloomberg Intelligence analyst Lee Klaskow asserts that the freight recession, which has pressured the trucking industry for months, appears to be ending. This recovery signals a structural shift in t
STG Logistics Exits Chapter 11 With $150M, Capitalizes on Intermodal Surge
STG Logistics has successfully emerged from Chapter 11 protection after completing a pre-packaged restructuring that slashed over $1 billion in funded debt, a 90% reduction, while securing $150 millio
ITS Logistics Reports Record Freight Costs Amid 2026 Expansion
ITS Logistics has identified a critical market inflection point characterized by record freight costs converging with capacity constraints and emerging fraud vulnerabilities. This multi-factor challen
U.S. Rail Speeds Hit Multi-Year Lows as Intermodal Volume Surges
The major U.S. Class I railroads, BNSF, CSX, Norfolk Southern, and Union Pacific, are facing significant capacity constraints as shippers redirect freight to rail to escape high fuel prices and elevat
Rail Traffic Surges 7.1% as Intermodal Containers Jump 12%
U.S. rail freight volumes showed strong momentum through mid-June 2026, with combined carload and intermodal traffic reaching 521,998 units for the week ending June 20, a 7.1% year-over-year increase.
Trucking Industry Consolidation: How Major & New Players Are Reshaping Capacity
The trucking industry is experiencing significant structural changes as established carriers and new market entrants position themselves to capitalize on shifting capacity dynamics and freight demand
US Trucking Industry Rebounds: What Recovery Means for Supply Chains
After a prolonged downturn affecting the trucking industry, recent data signals stabilization and capacity recovery across US freight markets. This reversal reflects improving demand patterns and oper