Tablet_Portrait.png
Thunder Funding
Menu
Get Started
Get Started „ Takes just 5 minutes

Spot Rates and Freight Demand on the Rise

The trucking industry has seen a positive turnaround due to increased spot market rates and freight demand. As we mentioned in a previous blog, our load board partners noted that June saw some bounce back after the significant declines the industry faced in April and May due to COVID-19. And, while we typically expect rates and demand to drop off for July and August, spot freight has continued to its upward trend.

Read More

Topics: Freight Volumes, Spot Rates

Freight Volumes Tentatively Increase To Pre-COVID Levels

Freight volumes are steadily surging, which have made many in the industry breathe a sigh of relief. However, rates are still suppressed, which is potentially due to the fact that the movement of goods is for warehouse and inventory redistribution rather than consumer-facing activity. Freight volumes during COVID has been a hot topic of discussion for many carriers.

Read More

Topics: Coronavirus, Freight Volumes