Recent Posts
Jan 16

If you’ve been thinking about getting your own trucking authority, there's no time like the present. There’s the “seize the day” angle, of course, but there's another good reason to start now. We’re about to hit the slow season for freight, so you have more time for paperwork.

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Jan 10

The steady rise we've been seeing with reefer rates came to a halt last week after matching June peaks in the previous week. Of the top 72 reefer lanes, prices fell on 52 of them. Rates are still 4% higher than a month ago, so not all the momentum was lost.

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Jan 10

The first week of January was all a matter of perspective. Rates opened 2017 higher than they did 2016 – and higher than the December average – but prices were down in pretty much every major van market when compared to the past couple of weeks.

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Jan 04

One of the most common ways that trucking companies get extra cash flow is through freight factoring. Instead of waiting however many days it’ll take for a broker to pay for the load you hauled, you sell the invoice to the factoring company, for immediate cash.

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Jan 04

Reefer trends were off the charts, to close out 2016. That’s because the shipment of southern crops happened to overlap with additional demand for fall crops that moved out of storage. Put it all together, and you get an unusually strong rebound in reefer rates, with a national average rate that matched the June peak.

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1 Jan 04

Christmas came and went, but rates continued to climb in the last week of the year. Retail distribution centers continued to drive freight, and shippers were scrambling to move loads before they closed the books on 2016.

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Dec 28

Reefer volumes dipped slightly before the holiday, but the urgency in the run-up to Christmas pushed the national average reefer rate up to the highest it's been in six weeks.

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Dec 28

There were a lot of short-haul shipments last week heading into Christmas. Van load posts tapered off at the end of the week, but when a load did need to move, it came with a higher price tag. That led to higher rates on 67 of the top 100 van lanes.

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Dec 21

The Midwest is heating up again for van freight. More loads moved out of Chicago, and Columbus had fewer loads than the previous week, but rates were up in both markets. Unfortunately, rates fell lower pretty much everywhere else. Another rebound could still be on the way, though, because many shippers will pay extra to move their freight before they close their books at the end of the year.

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2 Dec 15

Freight rates used to fall in December, since retailers needed to have all their freight in place before Black Friday. E-commerce has changed all that. Van rates have gone up in December the past three years, and this year has continued that trend so far.

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