Class 8 Orders Jump 201% in April as Freight Rates Firm
New truck orders surged in April as carriers bet on tightening capacity and recovering freight demand: signaling confidence in the replacement cycle.
#Freight Rates
21 posts tagged with this topic.
Spot Rates Jump 4¢ Dry Van, 10¢ Reefer as All Three Segments Climb
Dry van spot rates rose 4¢ last week to $2.00/mile, reefer climbed 10¢, and flatbed added 8¢: all three segments now running 25–38% above year-ago levels.
Carriers Report Double-Digit Rate Gains, What Brokers Are Paying in Q2
Knight-Swift, XPO, and Schneider execs say mid- to high-single-digit rate renewals are the floor. Some are pushing for double-digit increases as April tonnage…
Capacity Plummets 10.9 Points in April, Tightest Freight Market in a Decade
Transportation capacity hit 28.4 on the Logistics Managers' Index, the second-fastest decline on record, while spot prices jumped 5.6 points to 95, the widest…
Spot Rates Hit $2.66 Flatbed, $2.35 Reefer, 12-Year High
Flatbed climbs for the 17th straight week while dry van and reefer hold steady, all three equipment types running 23–37% above year-ago levels.
C.H. Robinson Beats EPS Forecast Despite Broker Margin Squeeze
The 3PL posted $1.35 non-GAAP EPS in Q1 2026, beating consensus by 12 cents, while cutting another 333 jobs from its North American brokerage division.
Heartland Express Narrows Loss to $4.8M as Operating Ratio Improves
North Liberty truckload carrier posts fourth straight quarter of sequential OR improvement, but CEO says rate recovery may not fully materialize until late…
March Tonnage Posts Strongest Year-Over-Year Gain Since October 2022
ATA reports 2.1% first-quarter tonnage increase, the best three-month stretch in nine years, signaling contract freight demand is finally climbing.
Covenant Reports Driver Market Tightening for First Time in 40 Months
Chattanooga carrier sees Q1 net income fall to $4.4M but says capacity is shrinking, driver pay talks are back, and rate momentum is building into Q2.