Weekly Freight Update | Convoy

Nationally, there were minimal changes in shipping volume and tender rejection rates. In the South, produce season has started to pick up, and we’re seeing elevated reefer tender rejection rates in both Jacksonville, Florida and Savannah, Georgia. Reefer tender rejection rates are up all along the eastern United States, including Columbia, South Carolina; Chattanooga, Tennessee; […]

With the Vidalia onion harvest officially underway, over 200 million pounds of the bulb vegetable will start moving from now through August. This is a major indicator that produce season has arrived in southern Georgia, and it’s continuing to move northward. Specialized equipment, such as flatbed trailers, will begin to relocate from neighboring markets while […]

Capacity continues to be abundant across the nation. National tender rejection rates hit a 12-month low on Tuesday, April 9 — reaching 4.85%. However, on Wednesday, April 10, tender rejection rates jumped 13.2% — the largest single-day increase of the year so far — to 5.5%. It’s possible that tender rejection rates have hit a […]

While a series of winter storms have impacted freight from coast to coast, with highway closures surrounding some major freight markets, the soft marketplace continues to show a surplus of capacity nationwide. According to FreightWaves, national tender rejections have remained stagnant, while tender volumes have decreased 3.5%. Monday, January 17 saw the largest single day […]

As we head into the Christmas holiday, national freight volume remains low. The market has been trending down since November, and hasn’t seen the characteristic holiday freight increase that was expected.    Capacity is plentiful in most regions, with tender rejections very low. In the week before Christmas in 2017, the freight market began rejecting […]

December has left the freight community patiently waiting like a kid on Christmas morning. Volumes have been incredibly stable, even trending slightly downward compared to November. FreightWaves is reporting tender rejection rates are down to 12.71% nationally and close to year-to-date lows. The December freight market has been stable, showing little volatility or capacity constraints. […]