SONAR Sightings: Harrisburg, Pennsylvania, gains market share; flatbed rejections nose-dive
Outbound volume in Harrisburg, Pennsylvania, is booming, raising its market share to 3%. Flatbed market experiences a significant decrease in rejections.
Outbound volume in Harrisburg, Pennsylvania, is booming, raising its market share to 3%. Flatbed market experiences a significant decrease in rejections.
The U.S. housing market is tight heading into 2021, with higher housing starts and limited inventories helping to support lumber and wood carloads.
Andrew and Kevin are joined by FreightWaves Lead Economist Anthony Smith to discuss whether the housing market can continue its recovery and lead us out of economic slowdown. Then we […]
Anthony and Zach explain the primary cost drivers of operating a trucking company and the market influences that drive the pricing volatility on both contracted and transactional freight movements. Also, an update on the coronavirus situation and what we are seeing in the economy today that may affect your life tomorrow.
Many indicators are pointing to a better 2020 than 2019 for the freight industry, but several challenges remain, including impacts from the coronavirus.
Anthony and Zach break down the less-than-truckload sector and talk about its connection with truckload along with giving a quick update on the latest economic and freight market trends.
Market Expert Anthony Smith provides insight into the all-important housing market as 2020 gets underway.
The housing and construction sectors are showing signs of life, giving truckers a rare hint of optimism for the coming months.
Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
The economic roundup summarizes recent developments in the macroeconomy as they relate to freight demand, and highlights key trends worth watching in the upcoming month.
The bond-yield and new housing purchases down, but on we roll.
FreightWaves Market Expert Anthony Smith writes about the issues impacting the U.S. housing market. As important as these issues are, they have a ripple effect on other areas of the U.S. economy, including trucking.
The monthly economic roundup summarizes key results in the economy over the past month and highlights trends worth watching
Last week the widely reported headline was “Housing Starts Climb Almost 6 Percent in April” yet many in the transportation marketplace openly questioned how that was possible. Whether it is […]
The Economic Roundup is designed to synthesize the events of the past month as they relate to freight markets, and provide a guide on trends to keep an eye on in the upcoming month.
Bosch is working with Powercell to develop a hydrogen fuel stack for vehicles. Plus, housing index has positives for home buyers, JFK starts new phase of air cargo expansion, and trucking company in Denver crash had history of violations.
There are plenty of conflicting data points on the direction of the economy, which might suggest that everything may be just fine in the near term.
A summary of the key developments in the U.S. economy over the past month and highlighted trends to watch in March.
There were only ever two good reasons for Amazon to build a headquarters in greater New York City.
The monthly economic roundup is a summary of recent event in the economy and a guide for key trends worth monitoring over the next month.
The November Market Update, presented in partnership with Convoy, featured FreightWaves CEO Craig Fuller and Chief Economist Ibrahiim Bayaan, who discussed macroeconomic data and trends in freight markets.
A monthly survey of all the important economic developments from the past month, and a look at some of the key trends to watch throughout the month of November.
FreightWaves Chief Economist Ibrahiim Bayaan and FreightWaves Chief Analytics Officer Dean Croke explained what the data is saying about the freight market in this week’s monthly market update.
A roundup of economic data releases and events over the past month, and view of trends worth watching in October. Freight demand conditions remained generally solid during the month, though international trade and housing remain trouble areas. Supply within trucking looks to be expanding, and hires in the industry continued to climb
A package of weak data on both housing starts and home purchases indicates that housing and construction remains one of the few areas of weakness in the economy in the 3rd quarter. This has put some downward pressure on freight demand, as the movement of building materials, furniture, and appliances is influenced by the strength of the housing market.
As real estate prices are over the roof, the number of people willing to enter the housing market is at a record high. The mismatch needs to be addressed – possibly by better zonal regulations and technology injection in construction methods.
With the recent chatter of a “housing crisis,” and the market reaching a “peak cycle,” we decided to take a closer look at what is going on.
Freight demand remained strong through the end of the 2nd quarter, but growth is likely to normalize through the 3rd quarter as some of the temporary boosts to economic activity fade.
Freight conditions generally held solid during the month despite some softening in the manufacturing sector. With economic fundamentals largely in place, the focus has shifted to trade policy, where trade war escalations threaten domestic activity.
A monthly survey of all the important economic developments from the past month, and a look at some of the key trends to watch throughout the month of June.
A monthly synopsis of events and results in the macroeconomy from the past month and a discussion of implications for freight markets going forward. Results released in March were generally more favorable than the previous month and suggests that freight demand should remain strong going forward.
Lumber prices are above $500 due to a convergence of high demand and tight supply. Eventually housing starts could be affected by rising material costs.
Home sales have fallen over the past couple of months, as poor weather and tax law changes have likely postponed some activity. Fundamentals remain strong for housing however, and sales should continue to improve going forward.
The Commerce Department’s housing starts and building permits data released this week shows a mixed bag when it comes to the housing market.
Citing the need to cover additional costs during peak holiday shipping periods, UPS has announced a new peak surcharge that will be added to packages shipped during certain weeks this holiday season.
With the summer months quickly approaching and bringing with them, many hope, more home building and construction jobs, flatbed haulers are hoping to continue the momentum they have built early in 2017.