This Week in Freight
May 19, 2022
There’s no question linehaul rates coming out of the Inland Empire (Los Angeles and Ontario) are down from their meteoric levels late last year. However, comparing the last four weeks brokerage buy side rates to the same four weeks in 2019, reminds us just how much better owner operators who depend on brokerage loads in this market are doing.
The Inland Empire is a market that brokers would do well to look at. The count of asset carriers serving shippers directly in the market is down in recent weeks, meaning brokers account for most of the capacity. The extremely strong margins (see MPact Margin Trends) are worth the time and attention required to build partnerships with asset carriers who serve this market. Weekly shipment volumes are higher by orders of magnitude over the same time in 2019, despite having come down from the levels that occurred in Q4 2021.
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.