Volumes are sustained and tender rejections increase - On the Spot 06/19/20
Zack Strickland and JP Hampstead discuss the spot market for this week. They talk about volumes are sustaining and tender rejections are increasing. They also take a look at the market leading up to July 4th weekend.
Freight markets remain unstable - On the Spot 05/22/20
Zach Strickland and Kevin Hill discuss what’s been happening in the trucking sector over the last week. They talk about the tightening capacity in Los Angeles and Southern California, consumer spending, and auto sales.
Getting a reading on the freight industry - On the Spot 04/03/20
Zach Strickland and JP Hampstead talk about the current state of freight. Outbound tender rejections have dropped to 14%, about where they were on March 18, 2020. Some markets like Harrisburg, PA and Atlanta, GA are performing better due to the demand for specific goods. Why is this happening?
How shutdowns will affect freight - On the Spot 03/13/20
Zach Strickland and JP Hampstead discuss the possibility of e-commerce growth, spending in the service sector, and more. While the effects are yet to be determined, drivers are still out on the road delivering goods throughout the country.
Robust volumes in major markets; food buying is up - On the Spot 03/06/20
Zach Strickland and JP Hampstead talk about how consumers are spending more on groceries than normal, which is translating to higher volumes for this time of year. Fears of the coronavirus could be causing "panic buying."
On the Spot: Trucking rates are still flat 02/21/20
Director of Freight Market Intelligence Zach Strickland is back to chat with Director of Passport Research JP Hampstead about the state of rates this week. They also talk about the continued impact of the coronavirus and post-Valentine's Day freight rates.
On the Spot: Freight markets are cold; tepid growth overall 02/14/20
Director of Research Kevin Hill chats with Director of Passport Research JP Hampstead about the state of rates in this first part of 2020. They also talk about research, how the Coronavirus continues to impact volumes, and the struggles of the Los Angeles market.