FTR: Truckload Spot Rates to Rise 6.5-7% in 2025
FTR Transportation Intelligence expects truckload spot rates to rise 6.5-7% in 2025, Vice President of Trucking Avery Vise said in a presentation.
Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
Barge Freight Rates Surge as Mississippi River Levels Drop
The cost to transport America’s harvest from the Midwest to the rest of the world is soaring as shrinking water levels on the Mississippi River drive up barge freight rates.
Spot Market Struggles With Prolonged Bottom
The spot market has become stuck in a stagnant bottom with market patterns preventing it from building back momentum.
Spot Rate Bottom Unclear Amid Capacity, Demand Mix
Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.
Shippers Remain in Control of Rates, but 2023 Could Bring Balance
Shippers are in the driver’s seat as spot and contract rates continue to soften, but industry analysts said rates likely will stabilize throughout 2023.
Spot Market Decline Accelerates as Demand Softens
Trucking’s spot market is experiencing an accelerating decline as pre-pandemic conditions re-emerge.
Spot Rates Have Peaked, Some Shipping Lines Say
One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S. as it sees an end to the rally that has put prices at record highs.
Spot Market Surges Amid Capacity Constraints, Bad Weather
Trucking spot loads and rates have started to settle back to normal after surging for weeks as a result of ongoing capacity issues coupled with frigid weather.
Trucking Industry Economy Outpaces US Economy as Capacity Tightens
Trucking is providing one of the few bright spots to the flagging U.S. economy as tight capacity and a driver shortage push contract and spot rates higher across vans, flatbeds and refrigerated trucks.