Market Update: February 13, 2018

Posted by Nate Schwandt on 2/13/18 12:25 PM
Find me on:

Tight capacity industrywide continues to reflect the combination of accelerating economic activity and the lack of driver availability.  Spot pricing remains high and substantial contract rate increases have been reported to support higher driver wages.  Additionally, the enforcement of electronic logs in early 2Q18 could restrict capacity further.

Spot Market Trends

Market Update_Trendlines 2_13-1

Historic Market Conditions

The overall freight recession, which began in March 2015, appears to be over and, more importantly, freight seems to be gaining momentum in most segments.

Historic Market Conditions

 

Topics: market update

Subscribe to Weekly Market Updates

Recent Posts