Q1 2024 Shipper Rate Report

Q1 2024 Shipper Rate Report

The Shipper Rate Report, a collaborative effort between FreightWaves, BlueGrace Logistics, and U.S. Bank, offering a comprehensive analysis of freight shipping rates. This recurring publication serves as an invaluable resource for shippers, carriers, and logistics professionals, providing data-driven insights into the dynamic landscape of the transportation industry. Drawing on a wealth of reliable sources, including FreightWaves’ extensive SONAR datasets, BlueGrace Logistics’ operational perspectives, and US Bank’s financial insights, the report delivers a holistic view of current shipping rate trends.

This collaboration ensures that the Quarterly Shipper Rate Report not only captures the complexities of the market but also offers a unique blend of expertise from key players in logistics and finance. Whether you’re navigating operational challenges or seeking a broader economic perspective, this report is a go-to reference, delivering a comprehensive understanding of the factors shaping the freight industry.

“2024 is shaping up to follow traditional seasonal patterns, with demand growing throughout the year. The gap between spot and contract rates is closing, TL and LTL are approaching equilibrium (a sign of a market correction), import volumes are strong and carrier revocations (capacity leaving the marketplace) are increasing. These signs point to an inflection point in the market at some point in 2024.”

– Bryce Williford, Vice President of Sales, BlueGrace Logistics

Download your free copy of the FreightWaves Q1 2024 Shipper Rate Report

FreightWaves Q1 2024 Shipper Rate Report

Download your free copy of the FreightWaves Q1 2024 Shipper Rate Report

FreightWaves Q1 2024 Shipper Rate Report