FreightWaves continues to push more features and data into its data analytics platform with 8 new features and 3 data sets.
The housing market has been sliding since early 2018, but there are optimistic signals for a turnaround in 2019. Freight markets can only benefit from a strong housing market.
FreightWaves’ kick-ass Transparency19 will take place May 6-8 in Atlanta. New opportunities for SONAR and Trucking Freight Futures are available; learn how to register and take part!
FreightWaves adds air temperature information as well as new fleet count data.
The inbound container flows had a big impact to freight volumes in the port cities of Savannah and Los Angeles this past year.
FreightWaves adds air temperature information as well as new fleet count data.
National spot market price movement has a surprisingly tight relationship with new truck orders.
Capacity is still being added to the market. Truck orders numbers for both new and used models support this.
Specialty retail and electronics retail stores are the least efficient loading and unloading docks for carriers according to FreightWaves latest index.
Manufacturing numbers are not looking as robust after a booming early 2018. The flatbed freight market may be in line for a big correction as well.
Want more? SONAR users get exclusive access to the detailed breakdown and insights.
Bendix is now making its advanced safety systems available for retrofit for models where it was not factory-installed. Plus, U.S. finds little support for postal rate changes, detention time increasing and air cargo boom may be over.
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After a period of attempting to improve detention times with carriers, they appear to be falling into the old habits of making load/unload times are lower priority according to FreightWaves’ Detention Minutes Index.
Los Angeles has had the heaviest freight volumes in the U.S. for the past several months, but carriers should be paying attention to where that freight is headed.
National freight volumes are flat year-over-year, but capacity is as loose as ever. What is driving the discrepancy?
Increasing spot rates lead carrier revenues in 2018, will revenues start to fall now that rates have started to come down again?
National spot rates have been flying high for the past year, but have only recently fallen under previous year values as illustrated on FreightWaves newest charting feature.
The newest release adds major weather data features, visualization and modeling tools, additional news features, and DOT highway cameras.
FreightWaves adds agricultural truckload prices and numerous warehousing and real estate data points to SONAR.
Atlanta to Philadelphia’s spot rate has hit its lowest point in 3 years. The absolute rates may be similar, but the freight markets could not be further apart.
January used to be known as the worst month for freight, but consumer trends are starting to change that.
There are a lot of companies out there and it’s a number that is likely to shrink, according to the panel. Also on the agenda: blockchain and making yourself stand out in a crowded field.
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
The key benchmark OTRI sounded the alarms about weaker markets, but other indicators were telling a different story.
FreightWaves adds agricultural truckload prices and numerous warehousing and real estate data points to SONAR.
The two Super Bowl teams and their fanbases are very different, just like their freight market identities.
FreightWaves adds violations, fuel spread, and more rail data to SONAR platform
Driver detention has been causing headaches and lost wages for years, but the ELD mandate has shone a spotlight on the issue like never before. For the first time, carriers have the data to back up what they have always known.
The DOE fuel price keeps sliding as wholesale or rack prices are increasing. This can have a negative impact to carrier margins in early 2019 after receiving the benefit of expanding fuel spreads in late 2018. SONAR’s newest index can help you monitor this.
Ben Murphy spent his life using data and technology to push trucking—the industry he loved—into the future.
Shipping trends of 2019 are requiring established freight carriers to evolve their operational models. UPS is developing more super-hubs to facilitate growth through handling more high margin shipments.
How can air cargo and dry van spot market rates be related? Could the movement of these two seemingly unrelated rates provide more evidence the market is slowing?
December was a month of growing uncertainty and severe declines in the U.S. financial markets. The only thing that seems to be growing is the level of ambiguity in everyone’s outlook.
It’s a long road from the wellhead down to the fuel going into a truck. Who makes money along the way?
FreightWaves adds air cargo volume and pricing data to SONAR platform
MSU Supply Chain Management and FreightWaves will partner on curriculum, joint events, and transportation-related research projects.
Dry van rates hit air-pocket last month and lose altitude; but other indicators of freight economy still looking up.
Economic and freight indicators are mixed, with some suggesting a downturn is coming, but others pointing to continued growth.
The falling Purchasing Managers Index tends to be correlated with the general freight market, the Cass Freight Shipment Index illustrates this. Is it time for carriers to pull back?
On today’s episode, Chad Prevost talks to Market Expert Nick Austin and Sonar Account Executive Brad Guinane about weather, volume, tender market share, and tender rejections.
Record intermodal shipments on the rail for the second year in a row has deep implication for the trucking market into 2019. Trucking will benefit, at least partially, from Norfolk Southern’s latest decision.
Manufacturing leads first-party logistics growth because of the sector’s long-established supply chains. Retail is the next-largest contributor to first-party logistics growth through the impact of e-commerce.
Carriers lower rates heading to the West Coast this year as inbound container volumes flood the ports.
Carrier operating ratios continue to fall in October with a less volatile freight market.
The history books will say many things about 2018, but whatever else is recorded, it will go down as one of the strongest years for spot and contract pricing increases in the history of trucking in the U.S. Will that trend continue?
FreightWaves adds a real time news widget with twitter feeds and up to the minute financial and transportation new reporting.
The freight market has softened significantly in the last few months, but it is not due to a drastic reduction in volume.
On today’s episode, Chad Prevost and Michael Crosby talk about how to use SONAR to make proactive business decisions.
On today’s episode, Chad Prevost, Zack Strickland, and JP Hampstead discuss SONAR features: Outbound Tender Reject Index and Producer Price Index.
Merge Transit is a spot market agency that helps owner-operators and small fleets reduce inefficiencies in their business, and looks to automate the process of dispatching.
With the market data available on SONAR, we have ability to see all the ebbs and flows of freight movement happen in real-time.
The big oil news of the week was OPEC deciding to cut production in an attempt to stop the price of oil from dropping further. Carriers should be happy with this in the long run but gained a short term boost to margins in the meantime.
FreightWaves adds commercial vehicle accident injuries and fatalities in SONAR as well as adds regions to the TRI.
FreightWaves has launched FreightWaves NOW, a daily video feature that funnels the organization’s deep expertise and forward-looking insights into an accessible video format.
The spot market has been cooling over the past several months, but the players seem more uncertain than ever.
Is the economy still healthy? Are people still making things, shipping things, and buying things? According to the railroad car data, the answer is a definitive “Yes.”
FreightWaves adds truck driver employment level estimates.
The benchmark price of domestic crude oil has dropped by 25% since early October. Historically, that would be a great thing for truckers, but with carriers operating more efficient trucks and oil production tied into the freight economy more than ever, it could be a warning sign for the broader freight market.
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.
FreightWaves adds benchmark KPIs for asset based carriers and new weather mapping feature.
The Cass Truckload Linehaul Index reached another record high in October while the company’s Intermodal Price Index points to rising intermodal costs.
Ontario California has toppled the Atlanta market, the reigning capital of freight volume in the country. Surging volume is to blame. How long will the elevated volume last?
The freight market remains slow in most parts of the country except for one. Will it spill into other regions?
FreightWaves adds improves mapping and watchlist features while adding rail data.
Lead times increasing are a sign that shippers are taking capacity shortages seriously. Carriers and brokers that depend on spot market freight are left wanting.
SONAR’s OTVI.LAX is clearly indicating that the strength in the inbound loaded container flow out of the Long Beach/LA port is continuing and gathering momentum.
The freight market is showing the first signs of turning in over a month. Is this the start of retail season?
FreightWaves adds agricultural commodity and warehouse data to SONAR.
As we approach the holiday retail season, carriers and brokers have shifted their attention to the country’s major ports to capture upward volatility in trucking volumes.
East coast bound containers from China are getting a pre-holiday discount as shippers increase volume to North America in front of tariff increases.
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.
FreightWaves adds energy market related data to SONAR.
SONAR’s Headhaul Index map and the HAUL.JOT Index are both showing that the return to growth in inbound loaded container flow first seen in the Long Beach/LA port is continuing and gathering momentum.
Demand for flatbeds always drop off this time of year, but is this a sign of a broader industrial slowdown?
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.
FreightWaves improves watchlist functionality with new heat mapping feature as well as improves searching with new categories and search bar improvement.
Outbound tender volumes have shot up 26% out of the Savannah market as the Southeast deals with hurricane Michael
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.
Two high school friends, one from Access America and one from JB Hunt, founded a successful brokerage in Knoxville full of supply chain management grads. And they love SONAR.
Freight Alley expands with the addition of Grupo Sesé, Carrefour turns to blockchain, Airbus will name its new CEO, and more in Today’s Pickup.
Washington D.C. metro topped the Canadian border and NYC as the least efficient places for a truck driver
Trucking volumes have dropped by 6% since the beggining of the month of October. Is this an indication that the market is slowing or is it a normal seasonal pattern?
In her final conference call as CEO, PepsiCo’s Indra Nooyi presented their third-quarter results, once more pointing to transportation costs that threatened to eat into profits.
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.
FreightWaves adds additional risk management and compliance information in the most recent SONAR release.
Tender volumes are taking many by surprise, but not those that understand what is happening with the use of ELD’s by small carriers, especially in the dry van segment.
Since the ELD hard mandate went into effect, the trucking market has added 4% more truck capacity
China imposed a 25% import duty on US soybean imports in July and a domestic shortage of beans is now resulting in Chinese traders paying a higher price for Brazilian beans than what domestic crushers are paying, leading to speculation that China could again increase shipments from the US.
FreightWaves adds additional functionality to SONAR with tri-delta functionality on the Headhaul Index as well as the newly revised Trucks in Market, making it easier than ever to identify market disruptions.
Hurricane Florence has practically shutdown any outbound trucking activity out of the North Carolina coastal market
The smartest minds on Wall Street use charting analytics to quickly identify and then track trends in multiple data sets. Why? Because it works. And now freight professionals are learning how to do the same.
FreightWaves CEO Craig Fuller, Chief Economist Ibrahiim Bayaan, and Senior Meteorologist Nick Austin discussed Hurricane Florence’s impact on freight, the general macroeconomic situation, and the upcoming IMO 2020 regulations on maritime fuel.
Charlotte and Atlanta see outsized inbound volumes as carriers move relief suppies into staging areas
Truckers are not singing the blues in Memphis (except on Beale Street): It’s currently the number one headhaul market in the U.S.
FreightWaves releases the Headhaul Index, a measurement of the discrepancy between inbound and outbound volumes.
K & L Freight has invested heavily in technology and data and grown 5x in the past two years. The next step is offering financial services to help their shipper customers hedge against spot market volatility.
