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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. Volume increases started mid-last week and have steadily climbed since then, exceeding 2019 levels. Regional Freight Volume Update ? .

Freight 52
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U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize. seaport activity are down double-digits from 2022 levels, but several percentage points from the volumes experienced in the pre- Covid 2019 period. Further reported was that volumes of U.S.

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Evidence Mounts of Non Peak Holiday Season in Transportation and Logistics

Supply Chain Matters

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. Last week we cited a report by The Wall Street Journal indicating that the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023.”

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How much lower will freight rates fall?

DAT Solutions

Freight rates have been in decline since the calendar flipped to 2019. The lane from Denver to Albuquerque is still one of your best bets for getting out of Colorado, but that lane lost 15¢ last week at $1.88/mile. Has money been a little tighter for your business lately? Chicago to Detroit was down 22¢ at $3.13/mile.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .

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How much lower will freight rates fall?

DAT Solutions

Freight rates have been in decline since the calendar flipped to 2019. The lane from Denver to Albuquerque is still one of your best bets for getting out of Colorado, but that lane lost 15¢ last week at $1.88/mile. Has money been a little tighter for your business lately? Chicago to Detroit was down 22¢ at $3.13/mile.

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Can Technology Save the American Freight System?

Elementum

We’ve talked about the truck driver shortage and its potential to disrupt domestic freight shipping—fewer people are choosing to become truck drivers, leading to a serious dip in trucking capacity over the course of just a few years. of all freight revenue will be done through mobile brokering by 2025.