Houston Freight Tightened Fast: No. 2 in 2 Weeks
Houston freight tightened fast — from one of the loosest markets to No. 2 for tightening in under two weeks. This freight market update breaks down tender rejections above 14%, spot rates at 342, diesel at $6.54, intermodal strength and what tropical storm risk could mean for supply chains. Key takeaways: volume is up week […] The post Houston Freight Tightened Fast: No. 2 in 2 Weeks appeared…
Houston freight market tightened rapidly, reaching second tightest in country within two weeks according to FreightWaves SONAR data. Truckload market flipped from softest to second tightest, with spot rates up 37% week over week and tender rejections at 10.47%. Diesel prices near 52-week highs at $6.54 per gallon, fuel spreads creating cost story for carriers.
Written by urgent.news from FreightWaves's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
