Knight-Swift CEO targets double-digit rate hikes for 2027 contracts
Adam Miller says truckload carriers have room to push pricing after absorbing years of cost increases during the freight downturn.
#Freight Rates
26 posts tagged with this topic.
Fuel Prices Top Carriers' Worry List for First Time Since 2014
Diesel cost overtakes economy, driver shortage, and insurance in ATRI's 2026 industry survey as fleets weigh whether rate recovery can outpace operating…
Intermodal Volume Up 10.4% as Rail Takes Long-Haul Freight from Trucks
U.S. rail traffic jumped 7.2% in week 40, led by intermodal gains and broad carload growth across 17 of 20 industrial categories. High diesel prices and tight…
Contract Rates Hit $2.72/Mile, Up 18% Year Over Year
Shippers reset agreements at elevated levels as spot rates climb 50% and the contract-spot gap narrows, giving carriers leverage in annual bids.
Manufacturing PMI Holds at 54.5, But Input Costs Jump 6.8 Points
Ninth straight month of expansion masks rising raw-material prices and diesel-driven transport costs that will hit carrier rates and shipper budgets.
SONAR's new Custom Insights tool is built for shippers, not carriers
FreightWaves launched SCI: Custom Insights for its Shipper Consortium. The platform combines shipper tender data with SONAR market benchmarks. Owner-operators…
Knight-Swift Q2 Beat Doesn't Signal Broker Fraud Risk for Small Fleets
Large carrier's 23% earnings beat and 30% tender rejection rate reflect tight capacity and rising contract rates, not broker payment problems. Small fleets…
ArcBest Cuts 300 Jobs, Closes Terminals to Save $40M as Costs Climb
Fort Smith carrier books $80M in charges to restructure operations and scrap its Vaux trailer-loading system while industry-wide operating costs rise 3.4%.
Freight Rates Hit Record High in May Despite Soft Demand
FTR's Trucking Conditions Index surged to an all-time high in May, driven by tight capacity and fuel cost recovery, not volume growth.
Ag Retailers Flag Rate, Service Risks in UP-Norfolk Southern Merger
Agricultural Retailers Association says proposed transcontinental rail merger will concentrate pricing power, drive up fertilizer and equipment transport costs…
Transportation Prices Hit Record Growth Rate in May, Index at 96
Logistics Managers' Index logged a 96 reading for transportation prices in May, the fastest growth rate in the 10-year dataset, as capacity contracted and…
Spot Rates Outpace Contract as Capacity Exits Tighten Truckload Supply
June 2026 industry data shows widening gap pulling capacity into spot market, driving tender rejections higher and signaling sustained upward pricing pressure…