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.
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 widest…
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.
Import Volumes Sit 36% Below 2021 Peak as Domestic Rates Climb
Ocean container requests are running near multi-year lows for April, leaving the current freight market flip driven by domestic factors: not the import surge…