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Trump, Taxes, and Trucking

By Noël Perry If you are like us at FTR you watched the debate on the repeal of ‘ObamaCare’ with great interest. The debate is of critical interest to all of us because it is the first in a long line of debates that explicitly addresses the ‘entitlements’ we

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Weather Alert! (How Storms Impact Truck Rates and Capacity)

Not again! In the third week of March the Northeastern portion of the U.S. was once again paralyzed by an unusual late-winter snow storm, dumping a foot or more of snow on a swath running from West Virginia to Maine. Given the magnitude of this event and its negative

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Trans4Cast – What does ‘Bid Season’ tell us about the Spot Market?

Each month FTR conducts a quick poll question during our State of Freight webinars. Earlier this month, we asked about the upcoming bid season for contract freight. Bid season has become less of a season and more of a continuous process, but we still expect to see the bulk of

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Trans4Cast – I’ll Say It: The Truck Market Has Turned!

Tomorrow starts the Truckstop.com Connected 2016 user conference. You will find a whole slew of industry experts at your disposal – including myself and Noël Perry from FTR and the Truckstop.com team. We hope to see many of you there. But, first let’s talk about a truck market

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Insights Into the 3PL Market

While at the 2016 CSCMP Annual Conference in September, I got my hands on the recently released 2017 Third-Party Logistics Study. This is the 21st release of this annual study that looks at the 3PL market from both a Shipper and a 3PL viewpoint. I want to highlight a couple of interesting

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Trans4Cast – Spot Rates: Getting better?

Spot rates (we looked at broker posted rates, excluding fuel surcharge) were very stable during the first 4 months of 2016. However, we saw some deterioration from week 18 until week 25. That 2 month stretch saw a reduction in spot rates of nearly 10 cents versus what happened last year and also versus the…

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Trans4Cast: A Double Dose of Positive News! Employment Gains & Stabilizing Spot Markets

We are starting once again to see some green shoots in the economy and in trucking. This is in contrast to the anecdotal reporting – which is still indicating bad conditions for the freight markets. Can this be reconciled? Yes, but not cleanly. How people feel about something doesn’t always

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Trans4Cast: Diesel is moving up – What’s happening with truck rates?

Starting in early 2015 pricing turned negative on a year-over-year basis. This was not unexpected following the dramatic surge in pricing that took hold in early 2014. However, the continued downward movement that has lasted all the way into May of 2016 has been quite remarkable and quite drastic. A significant chunk of

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Trans4Cast: The large truckload carriers are still showing strong results

After each quarter we review the numbers that the large publicly-traded truckload carriers report in their mandatory quarterly SEC reports. We have an archive of their data going back into the 1990’s that allows us to get a glimpse as to how a certain aspect of the market is performing

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AKE’S TAKE: The Truck Market Says a Recession is Coming Soon

Right into the Danger Zone Highway to the Danger Zone Right into the Danger Zone                            – Kenny Loggins Economic recessions are incredibly hard to predict. The next one, even more so, because the Great Recession was so impactful that some economic indicators and industry cycles have yet to return to a

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