Arrive Logistics’ Post

The May Market Update is here! Market conditions in April continued to follow typical seasonal trends. Demand remains steady as capacity continues to exit the market at a moderate rate. Read the full report to get up to speed on the latest freight market trends: https://lnkd.in/gVgvvj5i #ArriveInsights #MarketUpdate

Freight News: Logistics Information That Affects Your Bottom Line. Shipments, expenditures continue downward trend in January. The Thursday report showed shipments were down 7.6% year over year (y/y) during the month and were 3.5% lower than in December. Adjusting for seasonality, shipments were flat with the prior month. The index stood at the lowest level since July 2020, the early days of the pandemic. “Freight transportation is, of course, an outdoor sport, and it’s tough to say with precision if this January was worse than most, but if so, the underlying trend in freight improved in January,” the report read. While trucking demand remains soft overall, rising import and intermodal trends are key leading indicators of a recovery in trucking this year. If interested in getting the whole story, follow this link: https://bit.ly/3I2WuQV #FreightNews #Logistics #SupplyChain

The April edition of the Arrive Freight Market Update is available now! Soft market conditions continued in March due to slow capacity exits, flat demand and no significant disruptions. But with produce season ramping up and the 100 Days of Summer fast approaching, we’re expecting some regional volatility, with rates potentially increasing. Read the full report and get up to speed on everything you need to know regarding the future state of freight market. https://lnkd.in/ghzujJR2 #ArriveInsights #MarketUpdate

Explore our latest market insights to gain a deeper understanding of how global factors are shaping the freight market. Discover key trends, including recent decreases in van and reefer spot rates, ongoing declines in contract rates, and subtle shifts in shipment volumes. Click the link below to stay informed about the evolving industry dynamics: https://lnkd.in/gTwAMTmg #ArmstrongTransport #ATG #Freight #FreightIndustry #DryVan #SpotRates #Logistics #Transportation #LogisticsInsights #MarketInsights #FreightBrokerage

Key Points worth noting! - Van and reefer spot rates have decreased slightly over the last month - Contract rates continue to decline, moving closer to spot rates, but the degree to which rates are dropping has decreased - Volumes decrease slightly month-over-month #logistics #transportation #freightrecession #trucking #market #reefer #dryvan Load Pro Transport

Week of January 26, 2024 #SpotMarketInsights: 5 Key Takeaways you Should Know. 👇   1.) For week 4 in the spot market, 3 of the 4 key market indicators decreased. The overall Market Demand Index (MDI) fell by 6.3 points to 65.5 as load availability decreased 2.2% and truck availability rose 7.1%. 2.) Compared to last year the MDI is up 10 points, or 18.1%. 3.) Last week, market rates fell 1.6% to $2.36. Compared to last year, rates are down 2.9%. 4.) Although total rates were down in the latest week, they are holding more firmly than is typical for January. 5.) National fuel prices eased $0.03 cents to $3.86 from $3.88 per gallon in the previous week. ⛽️ For a more detailed analysis, comment "Spot market" below and we'll send you the most up-to-date insights on spot market rates and load availability for: -Dry van -Refrigerated -Flatbed And be sure to follow our page for the latest freight market trends! Truckstop's Chief Relationship Officer Brent Hutto and FTR | Transportation Intelligence provide weekly spot market insights. 🤝 #Freight #Logistics

"Recent trends continue to support our forecast. However, the freight market recovery is further along for reefer equipment than for van, increasing near-term reefer rate volatility exposure as seasonal demand picks up around the holidays." said Arrive's VP of Market Intelligence David Spencer The September 2023 edition of the Arrive Market Update is filled with insights on recent market trends to help our transportation partners better manage their freight. #ArriveInsights #Logistics #FreightBrokerage 

Air cargo surge could be at expense of peak season growth A disconnect is arising between actual demand for cross-border air cargo service through the first half of 2024 and forecasts for the full year, raising questions about whether the current surge will strengthen during the traditional busy season starting in mid-September or lose energy. Although the e-commerce fervor powering the air cargo market shows no signs of cooling down, that doesn’t mean other market drivers won’t. Many shippers are pulling forward fall orders to minimize the chance of late-arriving inventory associated with longer ocean transit times and port congestion due to detours around the dangerous Red Sea, and the threat of a dockworker strike at U.S. East Coast ports this fall. Global consumer demand is relatively lukewarm, so it’s possible that pre-buying is cannibalizing future growth rather than a sign of elevated trade activity. Also, absolute demand is not as strong as the numbers suggest. Growth this year is off a low base in the first half of 2023, when cargo volumes were down 10% from the same 2022 period because wholesalers and retailers were cautious about ordering as they drew down inventory. The market’s recovery in last year’s fourth quarter means growth gains will be harder to achieve in the final quarter, potentially resulting in slower year-over-year growth rates from today’s elevated levels. Nonetheless, tight capacity and steady price increases on main trade corridors are pressuring businesses to lock in transport deals for the upcoming peak shipping season. https://lnkd.in/d6-PwEVv

In late 2022, predictions of a prolonged slump in freight rates post-pandemic suggested a self-regulating market with record lows. However, as 2023 unfolded, the ocean freight sector began to shift. 📊 With inventory restocking, cautious strategies from carriers, and reduced capacities, there are signals of an upward trend in freight rates. To adapt, shippers are advised to bolster efficiency measures, focusing on optimized routing, proactive issue management, and accurate billing using tools like Vizion's container tracking. 🚢 Read our latest blog https://bit.ly/3rcezXS for Vizion’s insights as to why shippers should always be prepared for industry fluctuations. 🌊

“The capacity correction is underway and showing signs of acceleration, indicating supply should move closer to equilibrium with presumably stable demand as the year progresses,” David Spencer, Vice President of Market Intelligence. This month’s Market Update is here. Read more to see what our Market Intelligence team has to say as we head into March. #ArriveInsights #HereatArrive #FreightMarket https://lnkd.in/gFTUVtyi