Rates

By LM Staff · January 18, 2018
December national averages for dry and reefer (refrigerated) van rates, respectively, saw 2017 highs, said DAT, and the national average flatbed rate was even with its high for the year, too.
By Jeff Berman · January 16, 2018
For more than a while, we have seen slow and steady economic improvements that have manifested themselves in many ways through things like improving retail sales, United States-bound imports, modal volume, and some signs of sustained GDP growth. Now, take those factors and consider what is happening in trucking, with things like the recently implemented electronic logging device mandate, still-tight capacity coupled with increased demand, the ongoing difficulty regarding hiring and retaining truck drivers, and carriers now having the upper hand on the pricing side, and it creates a whole host of market pressures, some good and some not so good, depending on which side of the shipper-carrier fence you reside on.
By Patrick Burnson · January 12, 2018
Trade and transport analysts see rates rising across all modes in accordance with continued expansion of domestic and international markets. Economists, meanwhile, say shippers can expect revenue growth in transport verticals to remain in the 3%-plus range.
By LM Staff · January 10, 2018
DAT said that the primary drivers for rate gains stemmed from harsh winter weather, tight capacity, and the recently implemented ELD mandate.
By Jeff Berman · December 18, 2017
While these ranges seem typical for a normal year, what may be going down in 2018 can be viewed as anything but typical.
By LM Staff · December 12, 2017
October’s reading of 9.48 far outpaced September’s 3.5, with FTR explaining that a strong economy, combined with pressure from hurricane recovery and the ELD mandate, is creating a very tight market resulting in improved contract rates.
By Jeff Berman · October 26, 2017
Big Brown said that effective December 24, 2017, rates for UPS Ground, UPS Air and international services, and UPS Air Freight rates within and between the U.S., Canada, and Puerto Rico will head up by an average net of 4.9%.
By Jeff Berman · October 26, 2017
Third quarter earnings results issued today by Atlanta-based UPS were solid despite challenges posed during the quarter as a result of multiple hurricanes and other natural disasters. Revenue for the quarter was up 7% annually to $15.798 billion, with earnings per share up 1 cent to $1.45, meeting Wall Street expectations. Operating profit, at $2.035 billion, was up slightly over last year’s $2.034 billion.
By LM Staff · October 2, 2017
For July, the most recent month for which data is available, the SCI reading was -0.1, which was in range and slightly below June’s -0.7 reading. The firm said these levels reflect “the dominance” of contract pricing, coupled with capacity continuing to significantly tighten and subsequently increasing spot market activity, especially in the form of increasing spot market rates.
By Jeff Berman · August 31, 2017
Echo Global Logistics Chairman and CEO Doug Waggoner spoke with LM's Jeff Berman about a wide array of industry topics, including capacity, rates, NAFTA, and technology, among others.
By Peter Moore · August 3, 2017
This new generation of buyers and analysts will have more visibility into not only their own order status, but also to a rapidly evolving marketplace and the forces that are making an impact on costs and services globally.
By John Schulz · July 3, 2017
Effective Aug. 1, it’s going to be more expensive to ship air on ABF Freight System and other units of ArcBest Corp. The parent of the nation’s seventh-largest LTL carrier is joining most of the rest of the major players in the $36 billion LTL sector by introducing what it calls “space based pricing” – what most of the rest of the industry calls “dimensional” or “dim-weight” pricing.
By Jeff Berman · June 7, 2017
This offering represents a further extension of the company’s objective to further automate the lifecycle of shipments and provide automation visibility.
By Mike Levans · January 10, 2017
Following LM tradition, we start off the New Year with our annual “Rate Outlook” cover story and subsequent Webcast
By Patrick Burnson · January 9, 2017
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as global GDP continues to gradually strengthen, carriers in all modes will be challenged to manage capacity while maintaining service levels. Furthermore, sudden shifts in trade policies and agreements may also have an impact on rates.

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