SONAR sightings for April 6: Ohio to New Jersey, shipper update, more
Spot rates drop 13% from Columbus to Burlington, and while volumes in markets drop, costs to ship rise.
Spot rates drop 13% from Columbus to Burlington, and while volumes in markets drop, costs to ship rise.
Intermodal spot rates increase more than 7% from Chicago to Elizabeth, and outbound tender rejections are down 13% nationwide
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LA rejections have fallen below 5%, and dwell time rises at port of New York/New Jersey
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Capacity loosens for van and intermodal from LA to Dallas, and outbound tender rejections in Atlanta have declined roughly 7.5% in the last month
Harrisburg, Pennsylvania, to Indianapolis spot rates are down 48 cents this month, and Greenville, South Carolina, outbound tender volumes are up 8%.
Spot rates from Nashville to Toledo have fallen significantly, and Allentown has an overwhelming amount of outbound loads in relation to inbound loads
Rejection rates have plummeted out of Elizabeth after a tumultuous winter, and in the Seattle to Chicago lane, an intermodal volume decline and surge in intermodal spot rates highlight a lack of available intermodal capacity.
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Spot rates remain sticky above $2.65 per mile from Atlanta to Dallas, and capacity from Cleveland to Atlanta is likely to tighten in the coming days as the Headhaul Index surges 22% week-over-week.
Savannah to Allentown spot rates are likely to rise as the Headhaul Index has increased 10% w/w, Outbound tender lead times hit shocking heights in Elizabeth, New Jersey.
Spot rates are up 4% since the start of March in the Savannah to Atlanta lane, tightening capacity in Kansas City signals spot rates will start to increase
Spot rates have fallen 42 cents a mile this month in the Kansas City, Missouri, to Columbus, Ohio, lane; rejection rates in Nashville, Tennessee, are at their second-highest levels for the month.
Spot rates from Harrisburg to Indianapolis have stalled after a month-long drop, climbing rejection rates from Columbia to Jacksonville give a forewarning for spot rates.
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Philadelphia’s OTVI has risen 3.5% since start of march, J.B. Hunt to expand intermodal fleet by 40%
Nashville to Elizabeth rejections are likely to increase further, In the Chicago to Atlanta lane, domestic intermodal volume hit its highest level in the past year, more
Dallas to Lakeland rejections fall but rates remain sticky; outbound tender rejections in Toledo increase; and more.
Spot and rejection rates fall rapidly in the well-supplied Charlotte to Atlanta lane, Intermodal volume rises in the Seattle to Chicago lane, prompting carriers to increase spot rates to protect capacity for contracted shippers, MORE
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Spot rates from Chicago to Minneapolis are down more than 30 cents; spot shippers may want to consider using rail for less time-sensitive loads; more.
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Spot rates have fallen nearly $1 a mile since Jan. 1 from Ontario, California, to Columbus, Ohio, and capacity is tightening in Denver.
Savannah’s Headhaul index is up 14%, Ontario’s outbound tender rejection rate is at it slowest in over six months, more
Capacity loosens in Nashville, volume at the port in Savannah rises, more
112 empty domestic containers moved from out of Dallas to LA in the last week, Phoenix is among the lowest rejection rates in the country at 8.87%, more
FreightWaves SONAR API/Tai TMS customers have a new method to get FreightWaves TRAC and SONAR Capacity Lane Score data.
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outbound rejection rate in Des Moines is among highest in U.S. at 43%, TRAC spot rate for Omaha to Denver has climbed to $5.66/mile, more
Louisville’s outbound tender rejections has fallen to 17.5%, Columbia outbound tender volumes are up 5% w/w, more
Chicago OTRI increased to 19.7% in the past month, import container volumes are up 6% y/y for U.S., more
Among Thursday’s notes: Chicago’s outbound rejection rates trending higher, spot rates from LA to Detroit lowest in six months, and more.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Among Wednesday’s notes: Rejection rates higher out of Columbus, dry van spot rates from LA to Atlanta fall 10%, and more.
Among Tuesday’s notes: Chicago solid for dry van carriers, Lakeland market remains volatile, and more.
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Among Monday’s notes: Capacity loosening in Harrisburg, reefer rejection rates fall below 30%, and more.
Among Friday’s notes: Dallas becomes largest headhaul market, Los Angeles is a mixed bag, and more.
Among Thursday’s notes: Capacity is loosening in Oklahoma City, outbound rejection rate trending higher in Indy, and more.
Among Wednesday’s notes: Capacity’s loosening in Jacksonville, outbound rejection rate falling in Columbus, and more.
Among Tuesday’s notes: Harrisburg becoming attractive for carriers, rates expected to improve from Houston to Atlanta, and more.
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Among Monday’s notes: Rate volatility impacting Atlanta and Houston markets, national rejection rates continue to slide below 19%, and more.
Among Friday’s notes: Ocean lane to watch, spot rates increase from Dallas to LA, and more.
Among Thursday’s notes: Spot rates rise from China to U.S. West Coast, Indy outbound rejection rates drop, and more.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Among Wednesday’s notes: Atlanta outbound rejection rates keep falling, spot rates surge from Indy to Ontario, and more.
Among Tuesday’s notes: Double-digit decrease in volumes from China, Stockton’s outbound rejection rate plummets, and more.
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Among Monday’s notes: Headhaul Index in Toledo up 22%, carriers flocking to the West Coast, and more.
Project44’s Adam Compain explains during a fireside chat at the Global Supply Chain Week virtual conference how the company’s ocean shipping data will help FreightWaves SONAR customers make better, proactive decisions.
This partnership provides SONAR customers with the world’s highest quality data and insights on ocean market conditions.
Among Friday’s notes: Atlanta’s freight market loosening, Chicago a solid destination for carriers, and more.
Among Thursday’s notes: Capacity likely to tighten in Dallas, Boston’s outbound rejection rate on the rise, and more.
Among Wednesday’s notes: SoCal capacity continues to ease, Memphis hits six-month low in outbound rejection rate, and more.
Ongoing supply chain constraints and the need to get a handle on e-commerce fulfillment is driving interest in logistics companies among retailers.
Among Tuesday’s notes: Capacity tightening in Charlotte, rejection rates spike in Joliet, shipper and carrier updates, and more.
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Among Monday’s notes: TRAC rates climb from Dallas to Nashville, Harrisburg pricing power shifts to carriers, and more.
Among Friday’s notes: Charlotte’s volatility is an opportunity for brokers, capacity likely to tighten in Denver, and more.
Among Thursday’s notes: Volatility on Atlanta-to-Laredo lane, Headhaul Index in Greenville up 19%, carrier and shipper updates, and more.
Among Wednesday’s notes: Lunar New Year impact, tender rejections surging in Nashua, shipper and carrier updates, and more.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
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Among Tuesday’s notes: Spot rates peak from Augusta to Allentown, winter storm will impact Dallas to St. Louis, and more
Among Monday’s notes: Winter storm impacting spot rates, Headhaul Index up 30% in Cincinnati, and more.
Among Friday’s notes: LA becoming a shippers’ market, Seattle market is loosening, and more.
Among Thursday’s notes: Tender rejection rates climbing out of Atlanta, spot market availability declining in Ontario, and more.
Among Wednesday’s notes: Memphis market tighter than most, St. Louis volumes hit two-month high, and more.
Among Tuesday’s notes: Rate disparity between the coasts, Detroit market continues to tighten, and more.
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Among Monday’s notes: Ontario market is loosening, Headhaul Index in Indy up 20%, and more.
Among Friday’s notes: Tender rejections plummet from Dallas to Ontario, Richmond market to tighten, and more.
Among Thursday’s notes: Demonstrating the power of spot-rate knowledge, Headhaul Index rises in Columbia, and more.
Among Wednesday’s notes: The tweener lane from Chicago to Harrisburg, supply chain challenges, and more.
Among Tuesday’s notes: Elizabeth outbound now a priority, Headhaul Index rises in Cleveland, and more.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Your weekly fuel report has arrived!
This week’s CPG news items reflect a continuation of recent food/beverage trends. More crossover between soft drink and alcoholic drinks: Monster Beverage is the latest soft drink company to get […]
Among Friday’s notes: Intermodal spot rates declining from LA to Chicago, SLC rejection rates drop to 26%, and more.
Among Thursday’s notes: Rejection rates decline from Atlanta to Dallas, spot rates drop from Charlotte to Jacksonville, and more.
Among Wednesday’s notes: Intermodal issues for spot shippers, lanes to watch, shipper update, and more.
Among Tuesday’s notes: Tight market in Omaha, Atlanta favorable for carriers, and more.
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Among Monday’s notes: Reefer capacity is a volatile mess, carriers seeing a mixed bag to Elizabeth, and more.
Among Thursday’s notes: TRAC rates from Detroit to Atlanta level out, intermodal spot rates from LA to Chicago decline 27.4%, and more.
Among Wednesday’s notes: Spot rates increase from Rock Island to Dallas, Chicago to LA solid for carriers, and more.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Among Tuesday’s notes: Outbound tender volumes up in Louisville, Chicago market expected to tighten, and more.
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Among Thursday’s notes: Tender rejection volatility in KC, capacity tightening in Atlanta, more.
Among Wednesday’s notes: TRAC van spot rate from Atlanta to Cleveland reaches monthly high, van rejection rates soar across Rust Belt, and more.
Among Tuesday’s notes: TRAC rates facing upward pressure on Atlanta-to-Lakeland lane, tender rejections reach record levels from Detroit to Chicago, and more.
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Among Thursday’s notes: Tight capacity in Lakeland, rejection rates jump in Jacksonville, and more.
Among Wednesday’s notes: Plan for service disruptions out of Denver, Headhaul Index in Columbus falls slightly, and more.
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Among Tuesday’s notes: Volume imbalance growing in Dallas, reefer rejection rates out of Pendleton above 60%, and more.
Among Monday’s notes: Pittsburgh outbound tender volumes up 10%, rejection rates climb in Memphis, and more.