Freight volume has been weak this month Tender volume, which counts how often shippers request that carriers pick up loads, has shown weakness this month.
Freight demand isn’t increasing fast enough. If shippers aren’t pushing out more loads, there’s no pressure on rates to rise.
Supply and demand play a significant role; prices increase when carrier availability is low and freight volume is high. When capacity exceeds demand, spot rates become more competitive.
The volume of freight passing through Belfast Harbour reached new record levels in 2024, the trust port has announced.
"For instance, factory output softness – which has a disproportionate impact on truck freight volumes – is currently weighing heavily on our industry." Fourth-quarter shipment volume was low ...
The group’s revenue for gateway services, food solutions and cargo volumes saw increases, on the back of travel recovery.