RXO Posts $6M Q1 EBITDA, Forecasts Up to $37M in Q2 as Rates Recover
The 3PL's gross margin fell 180 basis points as spot rates climbed against lower contract numbers, but the company expects sequential truckload profit-per-load…
#Spot Rates
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Uber Freight Posts First Year-Over-Year Revenue Gain in Six Quarters
Digital broker's Q1 2026 revenue climbed to $1.34 billion, up $47 million from a year earlier, though operating losses continued at $30 million.
Contract Rates Up 8% Since Fall as Capacity Stays Tight Through Mid-Year
Long-term contract rates climbed roughly 8% from last fall, with spot and contract pricing both rising as tender rejection rates stay elevated and shippers…
Cummins Lifts 2026 Outlook as Truck Orders and Spot Rates Climb in Q1
Engine maker's raised forecast signals carrier demand is firming — what improving order activity means for fleet expansion and rate momentum.
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…
Shipper Spending Jumped 21.8% Year-Over-Year in Q1 as Diesel Hit $5
Capacity exits — not freight volume — drove the largest quarterly spending surge since the pandemic boom, while shipments stayed flat.
Manufacturing Input Costs Hit Four-Year High at 84.6
ISM prices-paid gauge climbed for the fourth straight month — the highest reading since May 2022 — as manufacturers face sustained cost pressure that flows…
Traffix Sees Double-Digit Rate Hikes Holding Through 2026
Ontario brokerage reports spot and contract rates surging in March and April as capacity exits and freight volumes climb — a new cycle that could reshape…
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.
Oil Jumps 3% — Brent at $107.61, WTI at $103.32
Benchmark crude prices posted sharp single-day gains April 29, pushing Brent above $107 and WTI above $103 — the highest settlement in three weeks.
Phantom Capacity Shrinks Cross-Border Lanes Despite Flat Demand
Security vetting and corridor concentration cut usable truck supply in US-Mexico lanes — even as headline metrics signal loose freight.
Brent Crude Jumps 2.3% to $101.38 as Iran Talks Stall
July Brent crude rose to $101.38 per barrel Monday — a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.