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Weekly Freight Update

Logistics news, road closures, pro freight tips, stats to impress your boss. Let us know what you’d like to see here!

Photo: CMA CGM

The CMA CGM Jacques Saade is a 23,000 TEU container ship built in 2020; 1 of 9 in the class bearing its name. These LNG powered megaships can more efficiently do a 43,000 km+ trip between China and Europe more efficiently. Learn more.

News Bits

Strike! (very likely) – Teamsters call for July 24th work stoppage after cash-starved Yellow misses benefits payments. Frieghtwaves

Strike! (is over) – ILWU and MEU reach deal, BC ports reopen for business 63,000 containers behind. Trucknews

Strike! (seems to be a theme) – UPS and Teamsters finger-pointing fit for WWE, not a 24 million package per day operation. LinkedIn News

Blog & News

Courtesy DAT 7-18-2023

Courtesy of DAT Trendlines

The downward trend in freight rates is slowing, stabilizing. Have we seen bottom? 

Our Thoughts

The 2023 Freight Recession 

Yikes. The media is throwing down serious hyperbole in describing the truckload freight recession, and it is real, particularly on the US side.

Freightwaves: Bloodbath: Trucking Fleets Dipped by nearly 9,000 in 3 months

The silver lining here is that shippers can still take advantage of some of the lowest trucking rates since 2018. Contact Bullwhip and find out how to make this easy.

Learn More

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We hope you’ve enjoyed reading. We are a growing business that takes pride in actually listening to our friends, readers and customers.  

Please feel free to reach out to us about what matters to you. 

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All the Best, 

Phil Redekopp, Owner

On behalf of the Bullwhip Team