π£ Winners & Losers of 2024
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
Plus, spot rates are up, inbound volumes at the top 10 ports have risen for seven straight months, a freight broker meme, and more.
Happy Hump Day. Speaking of humps, the spot market has been quite bumpy these past few weeks. Due to Blitz Week, spot rate prices jumped 11 cents per mile. On top of that, inbound volumes at the top 10 ports have risen for seven straight months.
In our main story, we dissect the TransBorder Freight Annual Report for 2023.
π€ Question of the Day: By what percentage did truck freight value grow between the US, Canada, and Mexico in 2023 compared to 2022? Find the answer in our main story.
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