What does the next freight cycle look like?
The rest of the year could be characterized by relatively low rates and volatility Like it or not, freight market volatility is here to stay. The post-recession environment that filled our expectations with the concept of “normal” is in the distant past. Even before the COVID-19 pandemic era, the U.S. transportation sector was experiencing an […]
The for-hire trucking trends for 2021
Few areas of the economy carry more confusion or misconception than the for-hire trucking industry. The for-hire industry comprises independent contractors, owner-operators, small brokerages, subregional carriers and more. Locality and minimal resources are the defining characteristics of this transportation sector. However, carriers across the board need to recognize the trucking trends coming out of the […]
SONAR Indices & Insights: Measure Truckload Capacity Tightness & Rates Per Mile with Lane Signal
Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. This week the Lane Signal app, which provides a summarized view of SONAR’s data translated into an indexed signal and rate per mile, is highlighted. Read further to learn what the Lane Signal app is and how combining Lane […]
Forecasting for freight capacity, so you can plan for today’s volume
The state of freight capacity depends on hundreds of factors. Increased consumer demands, changing government regulations, fears over public health crises, asset and driver availability, manufacturing output, and many other factors influence capacity. While there is no sure-fire way to see what capacity will be like in the future, the next-best action is to apply […]
How Do Truckers Find Freight Loads?
Like all business owners, truckers need to sell their services and find customers. Unlike other businesses though, truckers need customers with freight in the right place, at the right time. Building a network of shippers with freight at the right place at the right time is difficult. Many truckers just do not have the time […]
