E2 Open Road Freight Market Index

Benchmark your freight costs and service and find improvement opportunities using industry KPIs derived from over $18 billion in freight under management.

 The monthly e2open Road Freight Market Index uses real-time, anonymized metrics to generate key performance indicators (KPIs) that reveal the true state of logistics in the North American market. The report is a one-of-a-kind benchmark of transportation-specific KPIs derived from the over $18 billion in annualized freight under management (FUM) transacting within e2open’s North American over-the-road network. Download the latest monthly report here and subscribe for monthly updates.

September 2022 Highlights

This month’s report illustrates the downward pressure demand continues to have on global logistics, despite various supply chain disruptions. The market is softening with improvements in both load-to-truck ratios and rates.

• The decline in outbound per-mile spot rates dropped more than the US average in August.
• Dry van rates continued to decline in August while reefer rates held steady.
• Primary Tender Acceptance rose – supporting a steady trend of increasing reefer and dry van capacity due to less demand.

Despite disruptions and weakened demand, shippers who primarily use routing guides with carrier-defined capacity have performed better than their peers on the following metrics: on-time performance compared to requested delivery date; less overspend to the Rate Index; fewer spot market moves; better routing guide compliance; less routing guide overspend.

Download the report to get all the facts and figures and expert recommendations for making better transportation decisions amid ever-changing market conditions.

Please CLICK HERE to download the white paper.