The FreightWaves Q2 Carrier Rate Report is here: essential insights for carriers and shippers

Staying ahead in this challenging, ever-changing freight market requires accurate, up-to-the-minute information and insights. That's why the FreightWaves Q2 Carrier Rate Report (sponsored by Trimble) is an essential resource for anyone looking to understand the forces shaping the trucking industry. 

Download the complete FreightWaves Q2 Carrier Rate Report now.

This comprehensive analysis dives deep into the critical issues impacting capacity, demand, and, of course, rates:

• • Trade war impact: New US tariffs, particularly the (now expired) 145% levy on Chinese imports, and retaliatory tariffs from China, significantly impacted freight volumes and spot rates, derailing the market’s 2024 recovery.
  • Declining spot rates: Despite early hopes, spot rates declined to an average of $2.35 per mile due to a rapid dissipation of front-loaded imports and broader negative sentiment.
  • Uncertain capacity: While capacity seems to be rebalancing, this is happening amid depressed rates and demand, with little immediate indication of improvement.
  • Intermodal gains market share: Intermodal is significantly threatening truckload volumes, particularly dry van demand and rail due to cost and time advantages, and its use by shippers to store inventory more cheaply in a tariff-driven frontloading environment.
  • Consumer concerns: While March saw a surge in US retail sales, driven by pre-tariff purchasing, underlying consumer health shows warning signs with declining consumer credit and rising subprime auto loan delinquencies, posing a risk to future freight demand.

The first quarter of 2025 brought significant shifts and it’s critical that carriers have the information they need to thrive. Packed with vital statistics and expert analysis, the Q2 Carrier Rate Report is designed to help you anticipate trends and strategize effectively. Don't miss out on these essential insights.