New report presents quarterly market insights to freight industry

At Uber Freight, we’ve been tracking the freight industry’s developments since we launched in 2017. Our latest unique data and broader macro trends come together in our new Quarterly Market Insights Report. Our team of experts is releasing this report to help the industry better understand how the market has evolved over the previous quarter and to provide insight into the future of freight procurement.

From the influence of stimulus checks and radical changes in nationwide spending habits to supply-chain backups and a spot market whiplash, Uber Freight has kept a pulse on the macro events driving volatility and demand shifts this past quarter. February’s polar vortex in the South and the following weeks of recovery shaped much of the market’s trajectory in Q1 2021. Our new Quarterly Market Insights Report presents trends like these and more in a narrative designed to give those in the freight and logistics industry helpful insights to make better, more informed business decisions.

Drawing from Uber Freight’s own network and the broader industry, this report zeroes in on specific supply-chain pressures, explores how procurement channel mixes have evolved through Q1 2021, and highlights what Uber Freight is doing to innovate for a more resilient freight market. Like previous reports, this quarter’s insights provide month-over-month snapshots of spot load opportunities, spot rates, facility dwell times and ratings, and Uber Freight API adoption since the beginning of the COVID-19 pandemic.

To dive into our insights from Q1 2021, download the full report here.

Contributors:

Gabriel Coiro, Pricing Shipper Analyst II

Gabriel provides analytics for the pricing team at Uber Freight.

Taylor Coop, Senior Business Analyst

Taylor focuses on the internal and external analytics of emerging products within the sales operations team.

Jack Mast, Senior Manager, Enterprise Sales

Jack leads Uber Freight’s enterprise sales team with 13 years of logistics industry experience. He focuses on new business acquisition and strategic growth within existing accounts. 

Tim Melhuish, Sales Operations Manager

Tim and the sales operations team lead the development and institution of real-time analytics to help Uber Freight shippers uncover supply-chain efficiencies and showcase the value of Uber Freight’s real-time pricing solutions. 

Mike Sciortino, Senior Manager, Pricing

Mike brings 14 years of logistics experience to Uber Freight, where he manages pricing for a variety of shippers in various segments and industries.

Joe Shone, Head of Enterprise Product Sales

Joe focuses on enterprise partnership growth and strategy. He works across Uber Freight’s sales team to understand enterprise customer procurement needs, integrate real-time pricing solutions, and iterate those solutions based on feedback.

Jack Winstead, Economic Research Lead

Jack leads economic research and market analysis at Uber Freight.