Keep Your Eyes on the Road: Shippers and the Freight Market Outlook for 2024

What does the outlook for the 2024 freight market look like from shippers’ perspectives? Shippers were put through the wringer during the pandemic, suffering from a combination of high rates and low service levels, but they took back pricing power in 2022. Last year was more of the same: a loose transportation market where shippers set the agenda and locked in meaningful year-over-year savings without much trouble.

FreightWaves SONAR is the industry’s most comprehensive freight forecasting and analytics platform, providing high-frequency supply chain market intelligence and visibility into the freight marketplace — across all modes and at local, state, national and global levels. SONAR’s price, demand and capacity data allow customers to benchmark, analyze, monitor and forecast the global physical economy. As the leading provider of global supply chain intelligence, our mission is to bring transparency to all parts of the supply chain for better decision-making and performance. Learn more at SONAR.freightwaves.com.

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