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Q3 Freight Market Forecast: Can Cost Stability Continue?

June 19, 2024

Freight transportation costs have remained stable for several quarters in a row, but this may not be the case for too much longer.

We’ve been in a shippers’ market since late 2022, but we’re seeing signs that a carrier’s market may be coming sooner rather than later. Whether or not freight volumes spike, capacity is leaving the market, setting up a potential supply and demand imbalance later in the year.

Our panel of supply chain experts present our latest Coyote Curve® truckload spot rate index and discuss the trends that will shape the freight market in the second half of 2024.

Topics covered include:

  • Latest Coyote Curve index (spot truckload & contract rate forecast).
  • North American freight market trends, including truckload, intermodal and LTL.
  • Projections for the start of the next freight market cycle.
  • An in-depth look at retail supply chain trends.
  • Produce season trends and summer weather to watch.

Presenters:

  • Jess Dankert, VP, Supply Chain, RILA
  • Ben Steffes, VP, Sales & Solutions, Coyote Logistics
  • Brad Gilligan, VP, Strategy, Coyote Logistics
  • Kyle Reynertson, Director, Research, Coyote Logistics