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FreightWaves reports the DHL Supply Chain Pricing Power Index at 80 favoring carriers, with tender rejections briefly hitting an all-time high near 27% before easing. Spot rates are up 17% year over year as peak retail season volumes rise.
Carrier pricing power and high tender rejections signal costly trucking capacity during peak season, which can raise delivered feed costs for buyers relying on truck transport.
freightwaves.comFreightWaves StaffNov 13, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
