FREIGHT MARKET SNAPSHOT – JULY 2025( KEARNEY)
Truckload( TL):
• Average rates: Van US $ 2.42 / mi, Reefer US $ 2.76 / mi, Flatbed US $ 3.11 / mi
• The market remains oversupplied, despite seasonal firmness
• Meanwhile, load-to-truck ratios are up 34.9 % year on year
Less-than-truckload( LTL):
• General rate increases( GRIs) remain below 5 % overall
• Some West Coast lanes have seen double-digit rises
Ocean freight:
• Shanghai – New York: up 53 % month on month to US $ 9,765 per FEU
• Shanghai – Los Angeles: up 54 % to US $ 7,799 per FEU
• Kearney recommends: quarterly mini-bids and a multi-carrier strategy
Air freight:
• Asia – Europe rates drop from US $ 4.9 / kg to US $ 4.2 / kg year on year
Parcel:
• FedEx Ground: up 6.1 % year on year
• UPS: up 6.6 % year on year
• Advice: choose carriers based on speed, reliability and specialisation
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