FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton.
Tender volumes declined over the week, but tender rejections and spot rates found a little positive momentum over the past week.
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Tender volumes and rejection rates moved lower over the past week, while spot rates increased slightly during the week.
Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.
In today’s competitive logistics landscape, shippers who stand out are the ones who become “shippers of choice” for carriers. But what does it truly mean to be a preferred shipper, and why should it matter to your business?
The freight industry is evolving rapidly, making it crucial to stay updated with essential insights and information. That’s why we’re pleased to announce an upcoming webinar on Oct. 30 that will explore how shippers gain actionable insights from freight analytics.
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Tender volumes and rejection rates moved higher over the past week, but spot rates were unaffected on a national level.
Nationwide tender rejections are already above 5%.
Fast, accurate freight market data is critical in periods of volatility.
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Spot rates and tender rejection rates saw a slight increase to start Q4, but tender volumes fell as a result of the ILA strike.
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Tender volumes, tender rejection rates and spot rate all drop in the final full week of the third quarter.
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Tender volumes have started to flatten out while tender rejection rates have picked up a little steam this week.
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Tender volumes have continued to show strength, but the market remains oversupplied. Hurricane Francine had little impact on the market
Even a short work stoppage by the ILA would greatly disrupt freight networks. SONAR charts show evidence of shippers looking to avoid getting caught in a potential ILA strike which has impacts on maritime, rail intermodal and truckload data.
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Tender rejection rates suffered the largest weekly decline in the past 6 weeks while tender volumes are being impacted by the holiday weekend
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Tender volumes closed August higher, up 3.13% year over year. A slight rise in rejection rates before Labor Day was still below July peaks.
FreightWaves’ State of Freight webinar suggests U.S. consumers could help boost the freight marketplace during the holidays.
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Tender volumes increased over the past week, while tender rejection rates remained unchanged. The next week will be important for the direction of the freight market in the fourth quarter.
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Tender volumes started to gain a little positive momentum over the past week while tender rejection rates inched slightly lower…
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The freight market is fairly stable to start August as spot rates and tender rejection rates experienced little change week over week…
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Spot rates moved slightly higher in the final week of July, while rejection rates and volume levels continued to retreat from recent highs.
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Spot rates have retreated off their recent high, but remain elevated compared to the rest of the year while demand and rejection rates are following seasonal trends.
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The freight market is appearing to stabilize at higher levels after the Fourth of July, setting up for a better second half of 2024.
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The freight market was more reactive to the Fourth of July holiday than the year prior, but capacity has been quick to return to the road.
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Your weekly fuel report has arrived!
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Volumes, rejection rates and spot rates remain elevated, setting the stage for the summer months.
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SONAR and Cass Information Systems, Inc. are excited to announce a strategic new channel partnership designed to benefit the freight and logistics industry, and we invite you to learn more […]
This week in Borderlands: China-to-Mexico freight spurs growth in Laredo, Texas; BNSF sues Texas city over stalled logistics center; RJW Logistics acquires second warehouse near Dallas; and sportswear giant Puma opens distribution center near Phoenix.
Volumes, rejection rates and spot rates remain elevated following the Memorial Day holiday, setting the stage for the summer months.
FreightWaves and DAT squared off during an inaugural event, the “Great Debate — DAT vs. SONAR: Where is the Market Headed Next?”
The industry-leading SONAR data platform announces a number of new releases and enhancements live at the Future of Supply Chain.
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Spot rates did eventually see a boost at the start of the new year, albeit one that was unable to meet our prior forecasts.
Tender volumes began to outpace 2020 earlier this week and are now marching toward favorable comparisons with 2021.
Shippers are bucking history and giving carriers more time to pick up their freight in a relatively soft market. What could be causing this and will it stick?
Volumes are leveling out at the start of December, delaying the seasonal dip that ordinarily occurs at this time of the year.
Tender volumes were outpacing 2022 levels before the holiday and came within spitting distance of 2020 — freight demand’s second-best year on record.
This week, freight markets underwent a surprising rally that saw a wave of volumes sweep across the country.
As more and more companies partner with FreightWaves to revolutionize the way they look at their supply chains, new and unique applications arise that create growth opportunities. The SONAR team […]
Domestic manufacturers fail to inspire optimism, since they foresee major headwinds on output in the first half of 2024.
The upcoming months are littered with major holidays during which carriers can leverage seasonal constraints on capacity for higher spot rates.
Outside of the holiday rush periods, the fundamental lack of freight demand will continue to expose the lingering overcapacity in the market.
Given the surplus of available capacity, shippers are more confident in switching to “just-in-time” freight strategies as consumer resilience remains an open question.
By next week, it is likely that actual freight flow will have finally risen on a yearly basis for the first time since May 2022.
Consumer demand during the holiday season is expected to be relatively soft, which should temper expectations for a red-hot peak season in truckload markets.
Perhaps the most pressing question for both freight markets and the broader economy is how the consumer will fare in the coming months.
Rejection rates gathered some promising momentum in the run-up to Labor Day, though these gains are slowly being lost.
After a none-too-brief break, the Pricing Power Index is resuming its regular Friday schedule.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
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The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
FreightWaves’ Carrier Rate Report — presented in partnership with DDC FPO and Trimble — provides a review of the previous quarter and a forecast for the coming months. Featuring insights from a survey of […]
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FreightWaves, the world’s leading provider of freight market forecasting, data, news and analysis, has made the annual Inc. 5000 list of the fastest-growing private companies in America.
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Transportation providers are going to have to maintain an aggressive posture when competing for business during the upcoming bid season.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
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An unseasonable upward trend in truckload tender volumes is giving domestic transportation providers the potential inflection point they have waiting for.
Against significant odds, the Federal Reserve might realize its once-unlikely goal of a “soft landing” — that is, taming inflation without also triggering a recession.
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Freight volumes continue to trend sideways, which is a positive sign overall as the 15th of July traditionally marks a time for slowing demand in the freight market.
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The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Demand from retail shippers is historically quiet in the period from now until August, after which retailers restock their shelves for the back-to-school season.
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Demand from retail shippers is historically quiet in the period from now until August, after which retailers restock their shelves for the back-to-school season.
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The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
If the spread between contract and spot rates narrows, capacity will become increasingly inconsistent in the second half of the year.
Maritime’s peak season — which typically ramps up in August and lasts throughout October — is expected by retailers and supply chain professionals to be weaker than it has been in previous years.
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The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
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There has definitely been a sustainable shift in how freight is distributed domestically.
Tender rejections have yet to return to mid-May’s all-time low, but their softness could persist in a trough for the next two quarters.
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