Posts tagged with ‘spot rate’

  • Weekly TIP List

    Transportation TIP List: Week of July 7th, 2019

    - by Transplace

    We’re over halfway through 2019 and there has already been a number of memorable moments and highlights. And with Q3 underway, our TIP List is here with the latest industry trends to help keep you in the know for the rest of the year. Featured articles range from HOS rule changes to recent shipping challenges at the border crossing in Laredo, Texas – read on for more news on what’s impacting transportation.

  • Industry News
    Transportation Industry Update: Q1 2018 Quarterly Industry Report

    Transportation Industry Update: Q1 2018 Quarterly Industry Report

    - by Transplace

    Three months into 2018, the transportation industry has already observed a number of rapid developments and heightened challenges faced by shippers and carriers alike. From a marketplace standpoint, it’s no secret that there is currently an abundance of demand and not an abundance of supply. Truckload and LTL contract rates are trending upward, and though the upward trend of spot market rates has leveled, they remain up as much as 30% year-over-year on a per mile basis, having a deleterious impact on shippers’ budgets. As we head into produce season in Q2, we expect the supply/demand imbalance to remain.

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