The Reflexive Rally Was Not Surprising

Dry Van Spot Rates Highest Since 2022 As Spring Tightens Capacity Submitted by FreightWaves, The freight market momentum is building at a rapid clip. National dry van spot rates — tracked via the SONAR National Truckload Index, the 7-day moving average of booked rates including fuel — have broken out to a new cycle high of $2.89 per mile. This represents the strongest level since 2022 and confirms the market’s shift toward carriers is gaining real traction. Even more telling: rates jumped $0.12 per mile in the past week alone. That’s a sharp...

Democrats Will Try Not To Act Like Children During Trump's State Of The Union Address President Donald Trump will deliver his State of the Union address on Tuesday evening, and according to reports, many seats will be empty. Earlier this month, House Minority Leader Hakeem Jeffries gave his caucus its marching orders in a closed-door meeting: sit in the chamber with "silent defiance" or don’t attend.  "The two options that are in front of us in our House is to either attend with silent defiance or to not attend, and send a...

Judge Rules Trump Admin Can End Temporary Protected Status For Haitians Authored by Jack Phillips via The Epoch Times, A federal judge on Aug. 5 allowed the Trump administration to end temporary protected status (TPS) for an estimated 350,000 Haitian nationals following a Supreme Court ruling. U.S. District Judge Ana Reyes ruled that a previous court order that “had stayed the effective date of Department of Homeland Security Secretary Kristi Noem’s Termination of the Designation of Haiti for Temporary Protected Status pending judicial review … is no longer in effect.” But Reyes also...