This Week in Freight
January 26, 2023
The year is starting off with a boom in Texarkana (pardon the pun - IYKYK). Rates paid to asset-based dry van providers for shipments moving more than 250 miles have rocketed up into record territory (another pun) as we enter 2023. The chart gives some indication that linehaul rates move rather predictably during first few weeks of the year. Absent commodity detail in the data stream, we’re left to wonder if the cargo mix has shifted into commodities with hazardous properties. Whatever the “it” is, linehaul rates (no fuel) reached an all-time high mark.
What is McLeod MPact?
MPact is a rate analysis tool for McLeod customers. Over 1,000 carriers, brokers, and 3PLs anonymously contribute to this data on a daily basis.