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October 2023 Freight Market Update

Trinity Logistics

shows the steady decline in import volume that began in August of 2022, and those volumes have remained lower when you compare them year-over-year (YoY) for most of 2023. A better comparison is how 2023 is stacking up versus pre-Covid years. A better comparison is how 2023 is stacking up versus pre-Covid years.

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September 2023 Freight Market Update

Trinity Logistics

Combined with declines seen on the industrial production and manufacturing side, the hope for a rebound in freight volumes will not take place in 2023. the need for capacity waned and began the downward trend (as shown by the white line) regarding carriers in the market. Stay Up To dAte Looking for a more frequent update?

Freight 108
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July 2023 Freight Market Update

Trinity Logistics

Stagnant Freight volumes Continue to Push Carrier Compliance 2023 continues to see freight volumes showing little fluctuation. Flatbeds continue to see rejection rates almost three times what vans and reefers are experiencing, but the trend has been slightly downward over the past two months.

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July 2023 Freight Market Update

Trinity Logistics

Stagnant Freight volumes Continue to Push Carrier Compliance 2023 continues to see freight volumes showing little fluctuation. Flatbeds continue to see rejection rates almost three times what vans and reefers are experiencing, but the trend has been slightly downward over the past two months.

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February 2023 Freight Market Update

Trinity Logistics

Spot rates continue to trend lower than contract rates, although that gap continues to shrink. Subscribe to our newsletter and receive Weekly News Updates every Friday by selecting “Weekly News Update” when you select your preferences. Right now, we are just below that five percent mark.

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January 2023 Freight Market Update

Trinity Logistics

2023 Crystal Ball. This upward trend will be short-lived and expect rates below $2.00 Contract rates will also trend downward, finding a floor most likely in the middle part of the year. Few sectors will see bright spots in 2023. On the opposite end, most notably, the housing market will have a rough 2023.

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August 2023 Freight Market Update

Trinity Logistics

If the freight volumes and capacity begin to balance, and rejection rates by length of haul follow the same trends, you could see mid-range rejection rates in the 15 percent range while shorter hauls only see rejection rates in the six percent range. Certainly that will have an influence on future rates.

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