Trending

    California moves to ban chrome plating in next wave of environmental protection actions

    January 27, 2023

    Drivers tell stories of weird freight they have hauled

    January 27, 2023

    NASA’s sustainability takes flight; University of Arkansas supply chain students soar – WTT

    January 27, 2023
    Facebook Twitter Instagram YouTube TikTok
    Facebook Twitter Instagram YouTube TikTok
    Back The Truck UpBack The Truck Up
    Subscribe
    • Home
    • Blog
    • Videos
    • Shows
    • Pods
    • Home
    • Blog

      California moves to ban chrome plating in next wave of environmental protection actions

      January 27, 2023

      Drivers tell stories of weird freight they have hauled

      January 27, 2023

      NASA’s sustainability takes flight; University of Arkansas supply chain students soar – WTT

      January 27, 2023

      Trucker wins million dollar grand prize in Kentucky Lotto scratch-off

      January 27, 2023

      Las Vegas’ “Dropicana” road construction to cause weekend-long closure of I-15

      January 26, 2023
    • Videos

      NASA’s sustainability takes flight; University of Arkansas supply chain students soar – WTT

      January 27, 2023

      Used truck bubbles, alliance breakups and the impact of layoffs – WTT

      January 25, 2023

      Cargo theft trends, freight scams and consumer weakness – WTT

      January 23, 2023

      Trucking markets, robot trucks and K-9 heroes – WTT

      January 20, 2023

      How to crush at social marketing in freight – WTT

      January 12, 2023
    • Shows
      1. WHAT THE TRUCK?!?
      2. America On 18 Wheels
      3. Get Loaded
      4. Back The Truck Up
      5. View All

      NASA’s sustainability takes flight; University of Arkansas supply chain students soar – WTT

      January 27, 2023

      Used truck bubbles, alliance breakups and the impact of layoffs – WTT

      January 25, 2023

      Cargo theft trends, freight scams and consumer weakness – WTT

      January 23, 2023

      Trucking markets, robot trucks and K-9 heroes – WTT

      January 20, 2023

      The Future Of Supply Chain Part 3: Driving On Demand – A18W

      May 26, 2022

      FOSC22 Part 2: The Philanthropic Side Of The Road – A18W

      May 19, 2022

      The Future Of Supply Chain Part 1: Friends Old And New – America on 18 Wheels

      May 12, 2022

      Convoy and Starlight Transportation: Together For the Long Haul

      April 14, 2022

      Get Loaded in Indianapolis w/The Dude

      August 12, 2022

      Cinci has loads and rates!

      August 5, 2022

      Charleston, SC has freight and does NOT suck

      July 29, 2022

      Get Loaded in Seattle?

      July 22, 2022

      Simple Livin, out on the road

      January 25, 2023

      All hail the Word of GO(r)D!

      January 18, 2023

      When great minds think alike and fight human trafficking – CVSA/Truckers Against Trafficking

      January 11, 2023

      What’s going on in D.C. with Bryce Mongeon, director of legislative affairs at OOIDA

      January 4, 2023

      NASA’s sustainability takes flight; University of Arkansas supply chain students soar – WTT

      January 27, 2023

      Used truck bubbles, alliance breakups and the impact of layoffs – WTT

      January 25, 2023

      Simple Livin, out on the road

      January 25, 2023

      Cargo theft trends, freight scams and consumer weakness – WTT

      January 23, 2023
    • Pods
    • Home
    • Blog
    • Videos
    • Shows
    • Pods
    Back The Truck UpBack The Truck Up
    • Home
    • Blog
    • Videos
    • Shows
    • Pods
    Home » Blog » Rates fall as contract load volumes bounce
    Trucking

    Rates fall as contract load volumes bounce

    Michael VincentBy Michael VincentApril 27, 2022No Comments1 Min Read
    Facebook Twitter Pinterest Reddit Telegram LinkedIn Tumblr VKontakte WhatsApp Email
    Share
    Facebook Twitter Reddit Pinterest Email

    Is this a “Dead Cat” bounce? 

    Does it matter? 

    Rejections of contracted loads continue a rapid descent, putting more downward pressure on truckload rates.

    I pointed out previously that the impending collision of spot and contract rates was narrowly avoided. However…

    SONAR charts provide trending analysis giving insights into market direction.

    The SONAR chart on the right shows spot rates in blue and contract rates in green. The steep descent of spot rates appears to be overcoming the recent downturn in contract rates and indeed will cross the border. 

    This is not a good sign. 

    This will give shippers a mechanism to use spot rates as a further discount for shipping costs. 

    The chart on the left is showing the recent “bounce” of contract truckload volumes and the continued decline in tender rejections. 

    The rapid fall and the drop in volume have caused a softening in contract rates. 

    There are many other factors at play here like inflation fears, mortgage rate increases, China shutdowns, war…

    Read more articles from Michael “The Dude” Vincent

    Peace and Love

    Share. Facebook Twitter Pinterest LinkedIn Reddit Email
    Previous ArticleWait time at food distributors outpaces seaports
    Next Article Is it doom and gloom for trucking? – WTT
    Michael Vincent
    • Facebook
    • Twitter
    • LinkedIn

    34 years in this industry. I've learned a few things. There is always a way to screw up a shipment, always. Vacations are just remote work. Never pass up a bathroom. Conferences are marathons, not sprints. Your word and integrity are your greatest assets. Oh, and not everyone likes the Circle Jerks. Peace and Love.

    Related Posts

    California moves to ban chrome plating in next wave of environmental protection actions

    January 27, 2023

    Drivers tell stories of weird freight they have hauled

    January 27, 2023

    NASA’s sustainability takes flight; University of Arkansas supply chain students soar – WTT

    January 27, 2023

    Trucker wins million dollar grand prize in Kentucky Lotto scratch-off

    January 27, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    © 2023 Back The Truck Up.
    • Home
    • Blog
    • Videos
    • Shows
    • Topics

    Type above and press Enter to search. Press Esc to cancel.