đź“ Subscribe to the JBF Monthly Bulletin for Industry Updates DAT DRY VAN Contract Van Rates and Spot Van Rate Trends Source: DAT Dry van spot (excluding broker mark-up) and contract rates continue to hover around $2.70 / mile while reefer spot… Read More
OCEAN CONTAINER RATES (Asia to US) Spot Rates – FEU Container Rates: Asia to US East & West Coast Source: Freightos Ocean spot rates continue to set records. Asia to west coast trade lane spot rates averaged $5575, while the… Read More
May 3, 2021 Update â–ĽCLICK ON THE INTERACTIVE CHART TO VIEW DATAâ–Ľ DAT DRY VAN The latest numbers from DAT continue to paint a challenging picture for shippers. Spot rates (excluding broker markups) averaged $2.60 / mile for dry van,… Read More
March 21, 2021 Update If a pandemic isn’t enough, let’s throw in a polar vortex that disrupts transportation across 2/3 of the country! Contract Van Rates and Spot Van Rates CLICK ON THE INTERACTIVE CHART Shippers were hopeful that the… Read More
January 20, 2021 Update The US National average diesel price, as of January 18, sits at 2.69 / gallon, rising .31 cents since early November. After a period of both low prices and low volatility, diesel has risen 10 consecutive… Read More
Just seven months ago, we were looking at historically low spot rates. Before the pandemic, there was already pressure on the spot market due to excess carrier capacity;
In this 2-Part series, JBF Consulting explores the impact of excessive loading times on shippers and carriers and the benefits of addressing this issue.
In Part 2 here, we examine the issue from a shipper’s perspective highlighting why the issue persists and what shippers can do to address excessive detention in their DC and yard operations.
BluJay Freight Market Index April 2020 Guest commentary by Mike Mulqueen, JBF Consulting Analysis The time period for this report will likely be remembered as the last “normal” quarter for a while. The impact of COVID-19 was not felt until… Read More
