FreightWaves flags rate surge
- FreightWaves finds North American freight has "turned the corner" as carriers exit, regulatory pressure tightens capacity, and volumes climb across modes. - Their 'Great Rate Reset' notes top carriers securing double-digit contract hikes and some shippers accepting 40% increases even on unwanted lanes. - That squeeze is forcing shippers to rethink budgets, procurement cadence, and service segmentation as spot and contract rates climb. (x.com)