March Market Update

Posted by Christian Jones on March 29, 2021 - 8:25 AM
While demand remains strong, capacity remains an issue in the truckload market. Get details about what’s happening and how ArcBest can help you navigate changes.
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February Market Update

Posted by Brian Beasley on February 23, 2021 - 3:13 PM

Winter storms led to a 6% decline in truckload volume 

The first part of the year is usually defined by muted demand and softening rates within the truckload market. By early February, we are several months removed from the peak season freight frenzy. But just as it appeared that the markets would settle back into a typical seasonal pattern, a historic winter storm hammered the country.

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How ELDs Affect Shippers

Posted by Josh Lovan on February 8, 2021 - 9:48 AM

The ELD mandate: where are we now?  

According to an American Transportation Research Industry (ATRI) report, 2020 was the first year since 2012 that the ELD mandate has not been included in the Top Industry Issue Rankings. While that may be the case, related issues that affect shippers, like detention/delay and hours-of-service (HOS), remain top concerns. Learn more about the impact the ELD mandate has had on the industry, from implementat

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January Market Update

Posted by Brian Beasley on January 27, 2021 - 9:17 AM

What’s happening in the truckload market so far in 2021? 

Last month we discussed how slowing retail sales would not translate into reduced demand for transportation. With inventories at historically low levels, even if consumer spending continues to decline, there will be a period of restocking that will keep demand elevated well into the second quarter of this year. This restocking period will also be a boon for U.S Manufacturers.

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December 2020 Market Update

Posted by Brian Beasley on December 15, 2020 - 11:09 AM

What’s impacting supply and demand in the truckload market? 

In the last two updates, we focused on how changing consumer behavior has altered the truckload market. Escalating retail sales, driven by a shift to online retail, has provided a catalyst for the robust demand we have experienced over the last several months. Increased demand against the backdrop of fixed truckload capacity has led to skyrocketing spot market rates. To get a clear sense of what’s happening, we need to closely monitor key indicators related to both demand and capacity.  

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Market Update: October 2020

Posted by Brian Beasley on October 14, 2020 - 10:20 AM

The truckload market continues to be defined by shipper demand exceeding capacity

During September, national tender volumes spiked at over 16,000 (Chart 1), which appears to be a function of altered consumer behavior. As Americans continue their efforts to social distance, a transition to online shopping can be seen within the non-store retail subsector (NAICS 4541). As we enter the holiday season, expect volumes to remain elevated as inventories are replenished and retailers prepare for peak season.   

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September 2020 Market Update

Posted by Brian Beasley on September 14, 2020 - 12:28 PM

High shipment volumes and tight truckload capacity bring challenges for shippers

Supply chains across the United States are experiencing the pain associated with skyrocketing shipment volumes and limited truckload capacity. Outbound tender volumes remain in uncharted territory at over 16,000 (Chart 1) — an increase of over 50% year-over-year (YOY). Increased demand and limited truckload capacity have resulted in a dramatic increase in truckload rates.

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Using Blockchain Technology in the Logistics Industry

Posted by Becca Soard on June 5, 2018 - 8:03 AM

Can the logistics industry benefit from blockchain technology?

What if human error could be eliminated from data management? You’d never have to question revenue numbers or spend time resolving payment disputes, and you’d always know business decisions were based on accurate information. When it came to managing your supply chain, you’d know every step was precisely monitored.    

While these situations may sound too good to be true, blockchain technology could make them a reality in the not-so-distant future.

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