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Spot truckload rates rising at US East Coast ports, falling on West Coast

William B. Cassidy, Senior Editor | Feb 7, 2023, 4:17 PM EST

Analysts have told the Journal of Commerce they expect spot market pricing to bottom out and remain flat for some time before rising again, most likely at a slow pace.

Latest News

  • Spot truckload rates rising at US East Coast ports, falling on West Coast
    Spot truckload rates rising at US East Coast ports, falling on West Coast
  • US retailers offer little optimism in gloomy H1 import forecast
    US retailers offer little optimism in gloomy H1 import forecast
  • Uncertain market clouds outlook for South China terminal operator
    Uncertain market clouds outlook for South China terminal operator
  • Overhaul acquisition consolidates freight risk management market
    Overhaul acquisition consolidates freight risk management market
  • FMC administrative judge rules in truckers’ favor in chassis dispute
    FMC administrative judge rules in truckers’ favor in chassis dispute
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Essential Reads

2M breakup throws carriers’ operating playbook out the window

Peter Tirschwell | Feb 2, 2023

The breakup of the 2M Alliance opens the door to a few possibilities, including the industry reverting to a competitive scramble for market share, driving down profits and forcing yet another round of M&A activity, writes Peter Tirschwell.

Spread between East, West coast ocean spot rates returns to pre-pandemic levels

Bill Mongelluzzo, Senior Editor | Jan 30, 2023

The premium rate that importers had been paying to ship Asian imports through the US East Coast has dropped considerably over the past few months, allowing the spread between East and West coast spot rates to narrow to pre-pandemic levels.

FMC drops bid to use OSRA-22 for emergency data sharing

Michael Angell, Associate Editor | Jan 30, 2023

A Federal Maritime Commission member’s attempt to force marine terminals and ocean carriers to share more data under OSRA-22 has ended with the normalization of the ocean freight market.

NY-NJ marine terminals offering up more data to improve truck flow

Michael Angell, Associate Editor | Jan 27, 2023

Last year’s container surge prompted a harder look at information sharing for container availability and port operations, which New York-New Jersey marine terminals are responding to with new data.

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Top 5 Most Read Stories

  • End of 2M Alliance will set dominoes in motion across ocean shipping: analyst
    End of 2M Alliance will set dominoes in motion across ocean shipping: analyst
  • FMC administrative judge rules in truckers’ favor in chassis dispute
    FMC administrative judge rules in truckers’ favor in chassis dispute
  • ILWU ‘sending message’ to West Coast terminals as contract talks drag on
    ILWU ‘sending message’ to West Coast terminals as contract talks drag on
  • C.H. Robinson reaffirms commitment to global forwarding business
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    US retailers’ global sourcing strategy will take time to develop: analysts
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