Freight Insights for October 2021
Industry conditions will remain tight across all major transportation modes heading into an early holiday season. Trailer orders are ramping up, with orders pushing out until mid-2022 due to raw material shortages.
Domestic Truckload & LTL
Freight Insights for September 2021
Fuel prices are expected to rise through the end of October 2021. Shipping trends shift as long-haul averages decline, manufacturing disbursement places pressure on local distribution, and consumption of goods rise as we approach the holiday season. Carriers control the market on all three types of equipment keeping spot rates elevated.
Freight Insights for August 2021
Consumer spending is on pace to increase by 9% in 2021, which would be the highest increase since 1946 on the heels of WWII. Conditions will remain tight across all major transportation modes heading into an early holiday season.
JOC Intermodal Savings Index: 2Q21
The Journal of Commerce (JOC) provides an in-depth quarterly report into the US intermodal market to facilitate conversations between shippers and logistics companies about transportation modal decisions. The JOC Intermodal Savings Index — the Spot Index and the Contract Index — measures how much an average shipper should anticipate saving on the rail versus over-the-road…
Freight Insights for Week of July 19
While overall capacity will remain the biggest challenge for shippers, sustainability in the current environment will become the focus for shippers/customers. General inventory levels will not be meaningfully refilled and balanced until 2022.
Freight Insights for Week of June 7
The following insights are taken from a weekly discussion between Sunset’s nine US/MX branches. Trends and discussions range from seasonal manufacturing and agriculture trends that affect available capacity to general insight into outside factors affecting freight volumes.
Freight Insights for Week of May 10
Due to the shut down of the I-40 bridge from AR/TN, river traffic is being fully halted on the Mississippi. The timing of shutdown is unknown and diverting river moves is much more difficult than road traffic. This delay is expected to have an impact in the coming weeks.
Concerned about summertime capacity?
St. Louis Managing Director Justin Danks takes us through a few of the outside factors affecting TL capacity as summer quickly approaches: Video Summary In 2020, we saw LTL carriers forced into bankruptcy. Now, labor shortages and e-commerce pressure have these already-struggling networks creating embargoes to rebalance and catch up. International transportation is also in…