Outbound volumes and rejections were horizontal this week. Target’s poor earnings are not enough for us to believe the retail sector is in danger of a slowdown, but it is slightly alarming.
California’s AB5 has caused significant disruption prior to the planned enforcement period. Has there been a measurable impact to the supply of carriers in the state?
Trucking market cools but remains healthy
In the second DHL Supply Chain Pricing Power Index of 2020, the shippers gain power for the first time in 7 weeks. Look for the shippers to continue gaining power for the next few weeks.
Trucking fundamentals still strong as peak season ends
Peak season is wrapping up after bringing the carriers something to cheer for after dismal 2019.
A better than expected holiday season, the tightest capacity of the year and shippers rushing to get inventory off their shelves putting upward pressure on rates.
The truckload sector has had a breakout December thanks to a booming holiday peak. Is this a signal of a long-term shift to the over-supplied freight market?
In this week’s wrap-up, FreightWaves spoke to Larry Mullne of Allied Alloys in Houston to get insights into pre-holiday operations.
Peak season has arrived
Momentum for carriers holding as volumes, rejections and rates are moving in their favor.
Tepid volumes with an upside breakout in tender rejections
Freight volumes sluggish despite Thanksgiving distortions
Peak season woes continue
Peak season in question
Volumes slow but steady heading into peak season
Trucking volumes still positive but slipping
Trucking volumes remain strong
Trucking market keeps rising against easy comparisons
Volumes up 4% year-over-year this week
Freight volumes and rejections continue their newfound winning ways
National outbound tender volumes and rejection rates support brewing optimism surrounding trucking market
National outbound tender volumes were up 3.6 percent year-over-year this week.
Miami saw the biggest increase in activity this week, followed by Cleveland and Newark.
July PPI data showed another decline in trucking rates as yearly growth will likely turn negative soon.
The FreightWaves basket of top freight markets all posted positive numbers this week.
The last month has been like Mr. Toad’s Wild Ride for the freight market. Starting with the Trump tweet about increasing tariffs on Chinese goods another 15% in early May […]
Last year, carriers avoided hotspots for vehicle inspections during CVSA’s Roadcheck week. Now the market has turned, so has their attitude about these areas.
Capacity normally tightens into the holiday weekend, but this Memorial Day is nothing like the previous years.
Freight volumes continue to increase steadily with no real implications to rates yet. Mother’s Day flower season hits Miami.
The inbound container flows had a big impact to freight volumes in the port cities of Savannah and Los Angeles this past year.
National freight volumes pulled back a bit this week after a strong start to March. Not all areas of the country are having the same experience.
Volumes have jumped to seasonal levels, but capacity has not been significantly impacted yet. Will March volumes change freight market conditions?
National freight volumes are flat year-over-year, but capacity is as loose as ever. What is driving the discrepancy?
Market volumes have increased significantly over the past several days, bringing national levels to those similar to early March of 2018 when the market was thought to be more active. The data tells us one aggregate value cannot tell the whole story.
The overall market remains relatively stable as volume dip below 2018 levels in two major markets. Spring is around the corner. Will freight volumes return with it?
So far this February has been what we would expect. Does the normally slow month have any surprises up its sleeves?
Volumes and capacity remain flat through the first week of February. Has the freight market weathered the slowest part of the year?
Freight volumes recover as January closes. The artic air freezes the Midwest as the Chicago market heats up.
Last week had the largest single day percentage drop in volume since March of 2018. Capacity remained stable as we ride out the winter doldrums.
Capacity is abundant even though volume is relatively strong. Carriers are having little trouble covering the available freight making it a shippers’ paradise in mid-January.
The New Year has started off with a surprising amount of volume in the freight market. So far, capacity has been available to handle it. The tariff deadline extension may be providing a second wind.
The freight market has softened significantly in the last few months, but it is not due to a drastic reduction in volume.
Volume continues to slide but there was little change in the market over the past seven days.
Capacity is readily available in most regions of the country. Los Angeles has finally cooled off as the tariff deadline gets extended.
Freight activity surged prior to Thanksgiving with help from Los Angeles volume. Drivers returned to the road this week, and carriers have figured out where to position their trucks to alleviate some tightness.
With the Thanksgiving holiday approaching, drivers are spending less time on the road and more time at home. This is shrinking the availability of capacity in the market.
The freight market remains slow in most parts of the country except for one. Will it spill into other regions?
The freight market is showing the first signs of turning in over a month. Is this the start of retail season?
The freight market continues to stabilize, but there should be a little fuel left in the tank for one more seasonal push before the holidays.
October of 2018 has been very different from the same month a year ago thus far. We have had 2 major hurricanes make landfall and the economy is still strong. So why does it seem so different?
SONAR’s signature index has a birthday; Ocean Network Express to lose $600M; oilfield service companies guide for tight margins in Q3; President Trump bails on coal industry incentives; pros and cons of blockchain in container shipping; spending 60,000 hours reverse-engineering a Tesla Model 3.
Truckload volume continues to decline to annual lows after the first week of October. Freight volume is redistributing out west as Michael hits the Southeast U.S.
The Dow Jones Industrial Average plummeted today, posting its biggest loss since May 29; meanwhile the S&P 500 is on a losing streak that hasn’t been matched in upwards of 2 years.
FreightWaves triples the lanes available for the tender rejection indices along with diesel price and volume data. Highly regarded Institute for Supply Management indices have also been added to deepen the macro-economic section.
October is traditionally a slower month than the 4 preceding it in terms of volume. This year it has happened as soon as the calendar turned. This seasonal swing does not mean it will be a quiet fourth quarter for everyone.
There is plenty of evidence for increased capacity in the freight market. Volumes are higher than they were in March when the spot market was considered more volatile.
The full brunt of Florence has yet to be felt in the freight market, but there was plenty of regional impact as carriers and shippers scrambled over the past week to mitigate damages.
For the trucking market, the third quarter has been stronger than the second, but no one would know it
It looks like the freight market is waking up from the long running summer doldrums, or is it just a byproduct of the pre-holiday shipper procrastination.
Carriers and brokers have been talking about how slow August has been. Good news: According to our technical indicators, the market is about the turn back in their favor
HCI Equity Partners says in amended filing it may enter transaction to help Roadrunner’s balance sheet.
Volume falls this week in the freight markets but rejections are flattening indicating there are still some spots where capacity is an issue.
Tender rejection rates for reefer trucks outbound from Houston have oscillated wildly all year. Even compared to other regional markets, shippers and carriers are having a difficult time matching capacity to volume.
This week’s freight market continues the same patter toward stability, but volume remains steady as we move towards a more volatile time of year.
Wall Street is in a panic over fears that the truckload sector has peaked. Wall Street is wrong. We break down the reasons using data from SONAR.
This week in freight showed more of the same with continued stabilization, but history tells us this may not last for much longer.
Sophisticated freight brokerages can widen their margins when rates soften faster than shippers realize, but now’s a risky time to quote spot loads, because historical data suggests the market is about to tighten again.
Tender rejections continue to fall towards the May 2nd low, indicating that capacity is loosening in the market. If it reaches the critical level of 19.12%, it could mean that the rest of the summer will be disappointing for carriers that reported a bullish summer outlook.
Freight markets continued to cool last week, but have stalled for the moment. Isolated markets showed increased activity around the international borders. What we should be looking at moving forward as we move into August?
July has started off slower than carriers would like, showing normal freight patterns. Softer demand is also impacting utilization in the market.
The freight markets continue to cool, but looking at the bigger picture provides perspective on what to expect moving forward.
The freight markets took a slight break in the last few days, but this is nothing new and is not a sign of a turning market…yet.
Freight markets still hot to close Q2; COSCO/OOCL merger approved by US, China; Tesla hits Model 3 production goal; CSX revives plan for intermodal hub in North Carolina; EU threatens retaliation over auto tariffs.
Why, when capacity is so tight, is Chicago of all places overheated?
The recent clarification of personal conveyance rules have left some questions in the market about the expected impact. We go back to the data to make our own assessement.
The L.A. market wakes up after a sleepy early spring. With container prices increasing on the spot market, China could be the main factor.
Capacity is tightening in portions of the Missouri valley as warmer temperatures have agriculture shipment volumes and the need for reefers increasing. This could be a sign of the overall market heating up again.
