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This Week in Logistics News (October 29 – November 4)

Logistics Viewpoints

Canoo to build battery manufacturing facility in Oklahoma. The improvement is expected to be temporary, given that an aging workforce and freight demand are both projected to grow. Sentiment from some of the nation’s largest fleets has turned considerably more tepid around freight demand and the outlook for 2023.

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Van freight stabilizes in early October

DAT Solutions

But freight has mostly "normalized” on the spot market. The throttle is a significant increase in capacity, especially among small and mid-sized carriers. In other periods when carriers had pricing power, capacity expanded fairly quickly to bring the marketplace back into balance. What is keeping rates and volume in check?

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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. . Most states across the US have opened for business in some capacity. Th ese conditions have caused a more favorable freight environment. Regional Freight Volume Update ? . Zipline operates with a unique?

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Emergency Freight: What Harvey Tells Us About Irma

DAT Solutions

Less than ten days after Hurricane Harvey, trucks are already moving freight out of Houston, with almost the same volume as before the storm. Houston is also a major freight hub for rail and sea traffic, as well as trucking, including trade with Mexico by land and with South America and other regions by sea. It could take months.

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Midwest Logistics.

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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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Spring freight rates: Stable or stuck?

DAT Solutions

Refrigerated produce freight has been notably absent from the picture, so that likely has some reefers competing for van freight. National Average Freight Rates - April to-date. Van volumes are actually up compared to where they were at this time last year, but that has been met with increased capacity. loads per truck.