Cass Freight Index: July Shipments Drop 4.8% Annually as Expenditures Rise 9.1%
Logistics

Cass Freight Index: July Shipments Drop 4.8% Annually as Expenditures Rise 9.1%

July Cass data shows freight volumes fell for a second straight month while expenditures kept climbing on rate gains; an...

Eoin McCarthy 👁 66 💬 0
FTR Trucking Conditions Index Slips to 17.4 in June but Stays Strong for Carriers
Logistics

FTR Trucking Conditions Index Slips to 17.4 in June but Stays Strong for Carriers

FTR's June TCI dipped from May's record 20.4 to 17.4 as lower diesel partly offset softer rate growth; contract rates ar...

Eoin McCarthy 👁 42 💬 0
FTR Trucking Conditions Index Eases to 17.4 in June, Still 'Favorable' for Carriers
Logistics

FTR Trucking Conditions Index Eases to 17.4 in June, Still 'Favorable' for Carriers

The June TCI fell to 17.4 from May's record 20.4, still far above the 10 threshold for a strong carrier market. FTR sees...

Eoin McCarthy 👁 39 💬 0
Trucking Rates Rise as Supply Tightens, but Demand-Led Recovery Remains Elusive
Logistics

Trucking Rates Rise as Supply Tightens, but Demand-Led Recovery Remains Elusive

Over-the-road pricing has gained for months, but the improvement stems mostly from reduced capacity due to tighter CDL r...

Eoin McCarthy 👁 31 💬 0
Temu and Shein Swamp Global Air Cargo with 88 Planeloads a Day
Logistics

Temu and Shein Swamp Global Air Cargo with 88 Planeloads a Day

The two Chinese e-commerce giants ship around 9,000 tonnes of goods daily by air, pushing transpacific freight rates to ...

Eoin McCarthy 👁 35 💬 0
Freight Rates Rise, but Full Recovery Remains Elusive Amid Supply-Side Shifts
Logistics

Freight Rates Rise, but Full Recovery Remains Elusive Amid Supply-Side Shifts

Industry stakeholders see strong rate gains, yet a true demand-driven rebound is absent. Regulatory tightening and capac...

Eoin McCarthy 👁 27 💬 0
Container Freight Rates Slip Again as August Hike Plans Face a Test
Logistics

Container Freight Rates Slip Again as August Hike Plans Face a Test

Container spot rates keep falling on Asia-Europe and transpacific lanes even as carriers prepare another round of Genera...

Eoin McCarthy 👁 31 💬 0
Covenant Logistics Tumbles After Earnings as Management Defends Long-Term Strategy
Logistics

Covenant Logistics Tumbles After Earnings as Management Defends Long-Term Strategy

Covenant Logistics stock fell 11% after second-quarter earnings missed expectations, while management argued its shift t...

Eoin McCarthy 👁 31 💬 0