Top Stories
3PL and Brokerage
UPDATE: C.H. Robinson acquisition of RXO may give a jolt to industry consolidation
In a move that may have been foreshadowed by strong upward stock movement Thursday and Friday, C.H. Robinson, the country’s biggest 3PL, is getting a lot bigger by acquiring RXO. The transaction was announced Monday morning. RXO’s (NYSE: RXO) stock price had risen sharply Thursday and Friday, with it rising Friday by $2.02, a gain […]
SONAR High Frequency Data
Latest News
Inside SONAR
CAFE Standards Reset: Can Looser Fuel Economy Rules Restart Auto Freight?
Looser fuel economy rules help Detroit’s truck-heavy lineups, but SONAR data shows accepted truckload volume is flat to down while tender rejections nearly tripled.
Inside SONAR
Specialty Wine and Car Parts:
More from SONAR
Ocean rates highest in a year amid US-China trade truce
Trans-Pacific trade armistice temporarily easing uncertainty for carriers and importers as rates hit yearly highs.
Specialty Wine and Car Parts:
Economics of the New Canadian Tit-for-Tat Tiff Tariffs On September 8, the disagreement escalated past tariffs entirely. The U.S. announced it would outright ban imports of Canadian dairy, alcohol, and large-displacement motorcycles, effective September 29. Not another rate hike, a straight prohibition. It’s the newest turn in a dispute that’s been building for months: on […]
The Fed Just Raised Rates Again: Here’s What It Means for Freight
On September 16, the Federal Open Market Committee (FOMC) raised the federal funds target range by 25 basis points to 3.75%–4.00%, its first hike after a run of cuts, citing inflation that Fed Chair Kevin Warsh called “too high and has been for too long.” Effective September 17, the Fed also moved its full set […]