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February 2024 Freight Market Update

Trinity Logistics

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. If we don’t have a decline in the number of operating authorities, or available trucks, then how could we lose capacity? COULD WE LOSE CARRIER CAPACITY….WITHOUT

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November 2023 Freight Market Update

Trinity Logistics

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. As you probably recall, one of the larger LTL carriers, Yellow Corporation, filed for bankruptcy in August and ceased operations. less than contract rates. Figure 1.2

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Ocean Freight 2023 Update with Trent Morris

Logistics Bureau

Gain insights into the latest trends in ocean freight from an international logistics perspective and discover how the industry is evolving in terms of global shipping operations. 12 Smart Ways to Reduce Your Freight Costs

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SONAR Indices & Insights: Monitor freight carrier operating ratio using SONAR’s Operating Ratio (OPRAT) index

FreightWaves SONAR

Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants, especially freight carriers, rely on FreightWaves SONAR’s Operating Ratio (OPRAT) index to monitor and understand carrier operating ratios.

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September 2023 Freight Market Update

Trinity Logistics

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. Freight Volumes Stagnant As the U.S. Capacity Declining To further illustrate the impact of freight volumes on capacity, Figure 1.2

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Rethinking the Freight RFP Process

The Logistics of Logistics

Rethinking the Freight RFP Process. Once a year, shippers and carriers begin the arduous freight RFP process, when shippers send out request for pricing (or proposal) for contract rates to their list of trucking companies. It is why many companies are rethinking the freight RFP process.

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High Freight Prices Are Burdening Shipper Logistics Operations

Turvo

Why is freight pricing reaching historical records? According to the Shanghai index (SCFI) , freight is around $2,900 for twenty-foot containers (TEUs), almost three times the $1,000 registered in the first week of January 2020 and 3.6 In essence, all these factors add up to increased pressure on short-term freight rates.