#truckload-market
(17 articles)July Freight Market Shift: Contracted Rates Over Load Boards
The freight market in July is experiencing a seasonal slowdown, but underlying trends suggest a more significant structural shift is underway. Rather than the typical summer doldrums, carriers and shi
Truck Driver Pay Hits All-Time High as Freight Rates Surge
The Truck Driver Pay Index, jointly calculated by AscendTMS and Superior Trucking Payroll Services, has reached an all-time high of 170.04 in June 2024, representing a stunning 13.5% increase over jus
Triumph RFP Manager Automates Freight Pricing in Volatile Market
Triumph, a Dallas-based transportation finance and technology company, has launched RFP Manager, a software tool designed to automate freight contract pricing workflows. The product addresses a struct
37th State of Logistics Report: Truckload Sector Insights
The 37th State of Logistics report provides the trucking industry with a comprehensive annual assessment of market conditions, capacity dynamics, and cost pressures facing truckload carriers and shipp
Carrier Leverage Shifts: What 2026 Means for Freight Rates
The truckload industry is experiencing a structural shift as carrier leverage returns to the market in 2026, reversing years of shipper-favorable conditions. This transition reflects tightening capaci
37th State of Logistics Report: Truckload Market Insights
The 37th annual State of Logistics report provides a comprehensive analysis of the truckload transportation sector, capturing critical market dynamics that shape supply chain operations across North A
LTL Rates Hit 5-Year High, But Base Rates Tell Different Story
LTL rates have reached their highest level in five years at $46.13 per hundredweight, but this headline figure masks a more nuanced market dynamic. The surge is almost entirely driven by diesel fuel s
ABF Freight Raises Rates 5.9% Mid-Year Amid Heavier Freight
ArcBest Corporation, through its ABF Freight subsidiary, announced a 5.9% rate increase scheduled to take effect later in Q2—an atypical timing that signals shifting freight dynamics in the North Amer
Truckload Miles Shrink 21%: Why Capacity Tightens Despite Shorter Hauls
The U.S. truckload market is experiencing a structural shift toward significantly shorter hauls, with average length of haul declining 21% from approximately 607 miles in June 2024 to just above 500 m
20+ Trucking Firms File Bankruptcy Amid Freight Recession
The U.S. trucking industry entered May 2026 facing a critical inflection point as more than 20 carriers sought bankruptcy protection, marking an escalation of financial distress that has plagued small
SCOTUS Ruling Could Push Truckload Rates to $5.00/Mile
A potential Supreme Court of the United States (SCOTUS) ruling is expected to have significant downstream effects on the trucking industry, with FreightWaves speculating that truckload rates could sur
Truckload Spot Rates Hit 4-Year High as Capacity Tightens
RXO's Q1 earnings reveal a structural tightening in the truckload spot market, with rates reaching a four-year high and growing 16.5% year-over-year despite subdued freight demand. This counterintuiti
Radiant Logistics Beats Q3 Earnings Amid Tariff Headwinds
Radiant Logistics delivered fiscal Q3 earnings that topped analyst expectations, with adjusted net income of 11 cents per share beating consensus by 4 cents. The Renton, Washington-based third-party l
RXO Chief Signals Optimistic Outlook on Freight Market Recovery
RXO's leadership team has signaled renewed optimism regarding the trajectory of the freight market and supply-side conditions, suggesting that transportation capacity constraints may be easing. This p
LTL Rates Surge as Truckload Market Tightens Across US
The U.S. less-than-truckload (LTL) market is experiencing its sharpest rate increases since Yellow's exit in mid-2023, with pricing up approximately 12.5% year-over-year and 29% above May 2021 levels.
Schneider National Sees Sustained Freight Market Upturn
Schneider National's leadership, including executives like Rourke, has expressed optimism about the freight market entering a sustainable upswing. This positive sentiment reflects broader stabilizatio
Trucking Capacity Tightens as Rate Momentum Builds in 2026
Covenant Logistics Group's Q1 earnings revealed a turning point in the freight market: after 40 months of driver oversupply, the company is now observing genuine capacity constraints, particularly amo