This edition of #WithSONAR is a discussion that hosts Luke Falasca and Kyle Taylor held with Kyle Lintner, principal and managing director of K-Ratio, at the FreightWaves 3PL Summit.
FIRESIDE CHAT TOPIC: How a 3PL deals with a big difference between contract and spot rates
DETAILS: In a roaring, hot spot market like this, the gap between contract rates and spot rates can become enormous. The natural reaction is to reject the loads that are under contract, leading to the current high Outbound...
Luke Falasca and Kyle Taylor take a look at the current state of freight using FreightWaves’ SONAR data platform, and they dive into the effects of the past few weeks of bad weather.
Falasca and Taylor use outbound tender rejections increasing to help explain the corresponding rise in spot rates. Falasca said contract rates are a bit of a safer bet currently with the continued volatility of those spot rates.
SONAR has just dropped a groundbreaking data release with a new supply chain...
https://s29755.pcdn.co/news/digging-out-after-the-storm-withsonar
How SONAR data can take you through the highs and lows
The freight markets are volatile and understanding how they change can sometimes be difficult.
Market trends through the last six months were heavily influenced by the COVID-19 pandemic and changes in consumer behavior that have carried over into the start of 2021.
However, we are slowly starting to see a return to seasonable patterns in the markets and contract bidding season is getting the freight markets on a roller-coaster-like pattern.
L...
https://www.freightwaves.com/news/riding-the-roller-coaster-of-freight-withsonar
How market trends are toeing the line of expectations
The new year has been full of prognostications about freight market direction from all our FreightWaves podcasts hosts, and Luke Falasca and Kyle Taylor are here to analyze the validity of their predictions.
They both say “We told you so” about the predictions they made two weeks ago. Falasca says the observed decline in tender rejections loosened up some capacity and dropped spot rates, just like he said it would.
Taylor says carriers are in...
https://www.freightwaves.com/news/tender-rejections-and-rate-responses-withsonar
Carriers making money off brokers this week
As 2021 starts, freight markets remain tight and capacity is still strained post-holiday season.
Luke Falasca and Kyle Taylor start off the first episode of 2021 with a look at the high volumes of freight shippers still have to move; they poke fun at the memes that surrounded holiday package delays and the delays that are still continuing.
They say that there are slow indications of volumes trending down, but when compared to where volumes were this...
https://www.freightwaves.com/news/are-brokers-overpaying-withsonar
A look at the hosts’ favorite episodes from the year
COVID-19 changes freight forecasting: The pandemic changed how we do a lot of things, and freight forecasting was not untouched. The guys highlight how this learning experience will translate into the new year.
Asset maximization for carriers: Kunal Dovedy joins the show to talk cross-border logistics and asset optimization for carriers.
Data drives competition: Dive into how SONAR data helped Kingsgate navigate the volatility of the 2020...
How will freight volumes move through the end of the year?
Luke Falasca and Kyle Taylor analyze how the U.S. import surge will affect truckload volumes.
Freight volumes are seeing a slight slowdown as we move into the holiday, but U.S. imports and continued backlogs at the ports may lead to a post-Christmas surge.
The guys talk about how the U.S. import volume is continuing to surge, once again thanks to e-commerce, and a seven-day forecast shows an expected spike in ocean imports.
Falasca says...
https://www.freightwaves.com/news/will-freight-volumes-take-flight-withsonar
How COVID-19 has challenged and changed the realm of freight forecasting
Luke Falasca and Kyle Taylor are back this week with a look at the state of the market using FreightWaves SONAR data.
They hit the idea of market volatility following the Thanksgiving holiday and Black Friday/Cyber Monday shopping days.
Falasca says trends in outbound tenders and tender rejections followed exactly as he expected after the holiday, fitting into the typical seasonal cycle.
Taylor says even though rejection...
https://www.freightwaves.com/news/freight-forecasting-during-a-pandemic-withsonar-with-video
From workflow automation to operations expansion, learn where your business can improve
Ahead of the Thanksgiving holiday, Kyle Taylor and Luke Falasca take a look at improvements you can make to your business to optimize your workflow.
They first discuss the high expectations for the holiday season and the continuation of massive deals before Black Friday.
They also break down Thanksgiving food: Is it overrated?
Today’s guest is Kunal Dovedy, head of...
https://www.freightwaves.com/news/optimizing-your-work-assets-withsonar-with-video