Explore The Market

June Market Update

At Arrive Logistics, we are focused on raising the standard of what it means to be a modern freight brokerage. Market data is vital to making real-time business decisions. In this month’s edition of our market update, we have included what we call “The Metrics That Matter”. High-level takeaways include:

  • Contract volumes climbed nearly 24% in May
  • Tender rejections have more than doubled after reaching an all-time low in the month of May
  • We anticipate a decline in overall capacity in the coming months due to low new truck orders and carriers leaving the marketplace
  • Industrial production levels fell again for the second straight month to levels we have not seen since 2010
  • Import shipments from China to the West Coast surged throughout the month of May 
  • Consumers continue to spend more online than they did a year ago
  • 42 million have now filed for unemployment since the beginning of the pandemic
  • Recovery will occur at different speeds, depending on the industry 

To read the full report please click here.

A Message From Matt

At Arrive Logistics, we are focused on raising the standard of what it means to be a modern freight brokerage. Market data is vital to making real-time business decisions, especially in times like these. In this month’s edition of our market update, we have changed things up a bit – focusing on what we call “the metrics that matter”. Please feel free to submit any feedback using the button below – we want to hear from you on how we can improve this resource.

Thank you,

Matt Pyatt, Co-Founder & CEO

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