Imports will continue to drive strong trucking volumes through September

Chart of the Week:  Ocean TEU Volume Index SONAR: App with special permissioned access

According to the FreightWaves Ocean TEU Volume Index, bookings of U.S. imports from China are up 89% year-over-year (y/y) through next week, which is a good indication that freight volumes will continue to flow through the rest of September. 

FreightWaves’ Greg Miller reported ocean shipping rates broke records, with 40-foot container rates eclipsing $3,700 in the spot market from China to the U.S. West Coast...

https://s29755.pcdn.co/news/imports-will-continue-to-drive-strong-trucking-volumes-through-september

The Daily Dash: Freight markets burning up; nuclear verdict reversed

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, freight markets remain on fire and indications are it may continue that way for quite a while. Plus, portions of I-10 reopen following Hurricane Laura and hearing impaired truckers seek relief from certain commercial driver’s license requirements.

Will the good times last?

A new white paper from FreightWaves’ Freight Intel Group, Blume Global and U.S. Bank highlights what could be a multiyear uptick...

https://s29755.pcdn.co/news/the-daily-dash-freight-markets-burning-up-nuclear-verdict-reversed

The second freight frenzy of 2020 is upon us

This week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Freight volumes show no signs of slowing this week, and tender rejections are moving in lockstep....

https://s29755.pcdn.co/news/the-second-freight-frenzy-of-2020-is-upon-us

The Daily Dash: Freight volumes rising; and Florida man takes a wild semi ride

Freight volumes rise

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, freight volumes are on the rise, FreightWaves and EKA Solutions reach a collaboration deal and Florida man takes a wild ride on a semi.

Are freight volumes still rising?

Even as more states roll back their reopenings as COVID-19 continues to wreak havoc across the country, there is some evidence that the strong freight volumes seen in July are here to stay for a while.

Zach Strickland explains:...

https://s29755.pcdn.co/news/the-daily-dash-freight-volumes-rising-and-florida-man-takes-a-wild-semi-ride

Freight volumes could go higher in August

Chart of the Week:  Outbound Tender Volume Index, Customs Import Shipments, Purchasing Managers Index – USA SONAR: OTVI.USA, CSTM.USA, ISM.PMI

The Outbound Tender Volume Index (OTVI) continued to expand last week, indicating shippers are requesting more capacity than ever. The index shows volume 30% higher than the previous year. With numerous carriers reporting much stronger-than-expected earnings, there is a noted level of cautious optimism about the rest of the third quarter. There are signs...

https://s29755.pcdn.co/news/freight-volumes-could-go-higher-in-august

Watch out trucking, industrial sector has a pulse

Chart of the Week: Total Rail Carloads, Chemical Rail Carloads, Motor Vehicle Rail Carloads – USA  SONAR: RTOTC.USA, RTOCH.USA, RTOMV.USA

The latest rail carload data is showing that the industrial side of the economy, which is the backbone for a large amount of freight movement in the U.S., has finally started to recover after hovering on the floor for over three months. Increasing carload volumes for raw materials like chemicals and motor vehicles are good leading indicators of future...

https://s29755.pcdn.co/news/watch-out-trucking-industrial-sector-has-a-pulse

Carriers in cruise control while wider economy sputters

This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 65 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Carriers are dealing with a lot of good problems this week, like not being able to handle the throughput...

https://s29755.pcdn.co/news/carriers-in-cruise-control-while-wider-economy-sputters

Carriers are in a very strong pricing position; how long will it last?

This week’s DHL Supply Chain Pricing Power Index: 65 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 55 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

The carriers are now in the strongest pricing power position in the 10-month history of the index....

https://www.freightwaves.com/news/carriers-are-in-a-very-strong-pricing-position-how-long-will-it-last

Emerge’s volumes inch closer to levels originally projected

Digital freight marketplace Emerge is seeing volumes inch closer to levels originally projected for 2020. Despite the economic ups and downs that truckload freight has experienced throughout the COVID-19 pandemic, the freight-tech start-up is on track to match this year’s expected budget of $100 million, according to Emerge Co-Founder, Andrew Leto.

Leto and FreightWaves Director of Freight Intelligence Zach Strickland discussed how Emerge’s marketplace enables shippers to find trucks more...

https://s29755.pcdn.co/news/emerges-volumes-inch-closer-to-levels-originally-projected