Industry Overview
December Key Figures (YoY)
| Truck Data Points | YoY% Change |
| DAT Spot Rates (incl. FSC) | 0.0 — |
| Fuel Prices | -12.0 q |
| ACT Class 8 Preliminary Orders | 38.5 p |
| ATA NSA Truck Tonnage | -3.2 q |
| Cass Freight Index | -0.4 q |
| Cass Freight Shipments | -6.5 q |
| Cass Freight Expenditures | -3.4 q |
Main Takeaways
Economy
U.S. manufacturing activity contracted in December but at a slower rate than November as new orders and production grew. Continue reading...
Truckload Rates
Capacity disruptions from the holidays led to both spot and contract rates trending higher in December. Continue reading...
Truckload Demand
Freight demand weakened further in December as peak retail shipping season came to an end. Continue reading...
Truckload Supply
Tender rejections hit double digits for the first time in over two years as ongoing capacity exits and holiday disruptions led to increased volatility. Continue reading...
Truckload Capacity Outlook
The carrier population declined significantly in December despite net revocations and new authorities showing signs of stabilizing. Continue reading...
Fuel
Average diesel prices declined for a second consecutive month to reach their lowest level since September 2021. Continue reading...
Dry Van
Dry van rates rose sharply in December driven by a spike in the load-to-truck ratio. Continue reading...
Reefer
Inclement weather and seasonal demand pushed reefer rates higher in December. Continue reading...
Flatbed
Flatbed demand continued to bounce back, keeping spot rates elevated above the previous year’s levels. Continue reading...
Intermodal
Despite continued growth in rail volumes, average rates continue to indicate carriers have ample capacity. Continue reading...