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Recon Market Update - May 26, 2022

Posted by Hank Newman on May 25, 2022 3:38:06 PM

 

That emoji about sums up the lack of a market update for some time now! I suppose I've been holding out for some good news to post or positive charts to point to, but it's essentially been more of the same.

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Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

Recon Market Update - March 23, 2022

Posted by Hank Newman on Mar 23, 2022 12:07:10 PM
 

WARNING!!! MATH AHEAD! Don't be afraid, though - math is objective and isn't subject to political leanings or cancel culture (well . . . maybe it is — IDK).

There has been a lot of talk around gas and diesel prices, with both soaring into record levels lately. BTW — this was well underway prior to Ukraine, but that certainly escalated it. You can see the actual data below in the chart of diesel going back decades.

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Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

Recon Market Update - February 25, 2022

Posted by Hank Newman on Feb 25, 2022 12:50:02 PM
I couldn't resist the meme, and it's the message this week! 
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Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

What’s involved in an RFP for an LTL shipper?

Posted by Todd Fain on Feb 24, 2022 1:35:32 PM
"RFPs in the less-than-truckload industry have changed significantly in recent years. The days of just providing shipment weights, volumes, and lanes are gone. For shippers to get an accurate upfront quote, they need to provide much more detailed information." (freightwaves.com)
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Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

Recon Market Update - February 17, 2022

Posted by Hank Newman on Feb 17, 2022 8:23:50 AM
"Keep Rolling with the Punches," Diesel Crosses $4, and "Who Owns My LTL Carrier Now?"
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Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight News, Freight Update

Recon Market Update - February 4, 2022

Posted by Hank Newman on Feb 4, 2022 8:36:23 AM
Dwell Time - get used to hearing it because the focus here is going to intensify rather quickly!  More on that in a bit.
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Tags: LTL, Freight Rates, LTL Carrier Cost, Logistics, LTL Service, Freight Technology, TMS, Freight Claims, Freight News, Freight Update

Recon Market Update - Jan 13, 2022

Posted by Hank Newman on Jan 13, 2022 3:33:17 PM

 
Once again, all we hear all day long from many is, "this is unacceptable!!!" We've been preaching for how long now — almost two years? — to expect the "unacceptable." Yet, most still can't figure out that LTL carrier performance is atrocious, and it's not getting better.
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon Market Update - December 10, 2021

Posted by Hank Newman on Dec 10, 2021 2:30:58 PM
 
2022 is almost upon us and we all know that  22 is a GREAT number  so we're expecting great things coming!  This isn't an official announcement, but some of you will have noticed Recon's new image being slowly rolled out (logo below and look for a new TMS splash soon).
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Weekly Update - November 9, 2021

Posted by Hank Newman on Nov 9, 2021 3:58:07 PM
 
"TL Rates Flat in 2022!!!"  
 
Well that sounds nice, but after a whopping 33% increase in TL rates in 2021 vs. 2020, I’m not sure that helps much.  If you want the positive news, then I believe actual TL rates will drop about 4% in 2022, but watch out for SNEAKY DIESEL!
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

Recon Market Update - October 13, 2021

Posted by Hank Newman on Oct 13, 2021 1:03:16 PM
Tis the season for... Gift Cards.  
 
A lot of folks have asked about why we have such a "Supply-Chain Disruption," but for those of us close to this industry, we know that has existed for at least a year now and the media is late to the party.
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Tags: Freight Class, Accessorials, LTL, Freight Rates, LTL Carrier Cost, Rules Tariff, Logistics, LTL Service, Limited Access, Freight Technology, TMS, Freight Insurance, Freight Claims, Freight News, Freight Update

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