Truckload Volatility Returns; SH 130 Courts Cross-Border Freight; ONE Reports Q3 Loss | Morning Minute
On today’s FreightWaves Morning Minute, we discuss how severe winter weather and rising tender rejections are creating unprecedented volatility in the truckload spot market. With the National Truckload Index climbing to $2.71 per mile, the current capacity crunch signals a fundamentally different environment for carriers compared to previous years. As congestion on Interstate 35 worsens, operators of the SH 130 toll road are intensifying efforts to attract cross-border freight away from Austin traffic. Tractor-trailer volume on the bypass has surged 68% since 2019 as the route positions…
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