freight markets

Cold weather, hot rates — #WithSONAR

with sonar header

A majority of the U.S. continues to be locked in a deep freeze, and the low temperatures and snowy conditions are putting a squeeze on the freight markets. 

On this episode of #WithSONAR, Luke Falasca and Kyle Taylor look at how rates and capacity are being impacted with major markets like Houston and Dallas being knocked off-kilter. They host Kyle Lintner, principal and managing director of K-Ratio, to share his thoughts on the problems plaguing carriers right now. 

Taylor said it has not been a...

https://s29755.pcdn.co/news/cold-weather-hot-rates-withsonar

Congestion on the high seas — Midday Market Update

MMU 11/24

What maritime markets look like right now

Ocean freight stays hot but will it be impacted by Chinese New Year?

Headlines

The Port of Los Angeles is willing to pay terminals for turning trucks quickly in order to get freight moved through the market. Currently imports far outweigh exports in the Port of LA and Micheal Vincent says this imbalance is a major efficiency killer for port operations. 

U.S. Xpress has released its 2021 economic outlook and the company is forecasting fundamentals from 2020...

https://www.freightwaves.com/news/congestion-on-the-high-seas-midday-market-update

Drivers face soaking rains, high winds in Northwest (with forecast video)

Two tractor-trailers, side-by-side, heading down a highway on a rainy day.

Steady rainfall is not a new thing in the Pacific Northwest. But the next round, which begins Tuesday, could cause flooding.

Setup

A slow-moving cold front is approaching the region from the Pacific Ocean. There’s enough moisture and instability to produce persistent rainfall for a few days. Rain may be heavy at times and thunderstorms could pop up in some places along the Interstate 5 corridor from Seattle to Portland, Oregon.

There’s potential for 3 to 6 inches of total rainfall over the...

https://www.freightwaves.com/news/drivers-face-soaking-rains-high-winds-in-northwest-with-forecast-video

FreightWaves 3PL Summit: Why you should be worried about freight markets (with video)

forum

Prepare yourself. There’s likely more coronavirus fallout to come in the freight markets.

That was the takeaway from Jason Miller, associate professor at the Michigan State University Eli Broad College of Business, who spoke with FreightWaves founder Craig Fuller during the FreightWaves 3PL Summit.

Fuller is very bullish. Miller, in contrast, sees a lot to be concerned about.

“From a carrier standpoint, it really comes down to what type of freight you’re hauling,” said Miller. “On the retail side...

https://www.freightwaves.com/news/freightwaves-3pl-summit-why-you-should-be-worried-about-freight-markets-with-video

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