With a rebound in the freight market expected to have commenced long before the end of 2025, the inevitable question among analysts and observers is: what happened? That was the focus of the November State of Freight webinar Tuesday, with FreightWaves’ strategic analyst John Paul Hampstead joining SONAR’s head of freight market intelligence Zach Strickland to take up the issue. FreightWaves and SONAR CEO Craig Fuller sat out the November webinar, with Hampstead taking his place. One of the culprits was i ...

Chart of the Week:  National Truckload Index, Outbound Tender Rejection Index – USA SONAR: NTI.USA, OTRI.USA The National Truckload Index (NTI) — a measure of dry van spot rates — rose 2% last week, climbing from $2.31 to $2.36 per mile. While this increase isn’t alarming on its own, the lack of seasonal support and the muted response in truckload tender rejections — a measure of contract carrier compliance — (OTRI) make it a more significant development for assessing the health of the trucking sector. T ...