How to analyze unpredictable freight-hauling trends

Feb 21, 2023 at 09:06 AM CST
The only thing predictable with the freight market today seems to be its unpredictability. Before COVID-19, there was some ability to foresee highs and lows in freight volume based on seasonality and historical trends, adjust available capacity, and anticipate rates to be paid. That’s no longer the case. Seemingly overnight, volumes go from all-time highs to record lows and rate structures respond accordingly. Yesterday’s readily available carrying capacity quickly becomes a lack of empty trailers today.

Feb 21, 2023 at 09:06 AM CST

The only thing predictable with the freight market today seems to be its unpredictability. Before COVID-19, there was some ability to foresee highs and lows in freight volume based on seasonality and historical trends, adjust available capacity, and anticipate rates to be paid. That’s no longer the case. Seemingly overnight, volumes go from all-time highs to record lows and rate structures respond accordingly. Yesterday’s readily available carrying capacity quickly becomes a lack of empty trailers today.