Whats up with rates?

Fleur

Over the last couple of weeks, I've seen a dramatic drop in truckload rates... Im bleeding chips out here... anyone know what's going on?

15 comments

Comments

Daniels

06.07.2024

It’s a rollercoaster, alright

Mari

01.25.2024

Been hearing chatter about rates taking a dive. Seems like the market’s tighter than a lug nut right now

Grayson

12.17.2023

Rates are as unpredictable as a summer storm

Denzel

04.03.2023

Rates are dropping because of aliens. They’re abducting trucks and stealing freight. They’re also manipulating the market and driving down the rates. It’s a conspiracy out there. You better wear a tin foil hat and watch the skies 👽👾🛸

Josef

03.22.2023

The economy is slowing down and people are buying less stuff. Imports are also slowing down and there’s less freight to haul.

Barney

03.07.2023

The pandemic caused a huge surge in consumer spending and e-commerce, which boosted freight volumes and rates.

Aidan

02.28.2023

Rates are dropping because demand is slowing down and capacity is increasing.

Magnus

02.26.2023

The truckload market goes through inflationary and deflationary phases every few years, depending on supply and demand conditions. We’re currently in a deflationary phase, which means rates are falling from their record highs last year.