Are spot rates peaking before the peak?

Chart of the Week:  Freightos Baltic Daily Index – China to North America West Coast, Intermodal Spot Rates, Truckstop Dry Van Rate per Mile – USA SONAR: FBXD.CNAW, TSTOPVRPM.USA, INTRM.USA

Spot rates for shipping ocean containers, dry van truckload and intermodal containers are all hitting multiyear highs in almost pure synchronicity — an indication that shipping demand is strong across global supply chains.

The spot market may not be the largest volume of transactions in transportation, but it...

https://s29755.pcdn.co/news/are-spot-rates-peaking-before-the-peak

SONAR’s global ocean data foretells upcoming U.S. freight movements (with video)

It was only a few weeks ago that FreightWaves founder and CEO Craig Fuller introduced several new SONAR features as part of the SONAR 7.0 release. One new feature was the “Ocean Shipments Report, which shows U.S. import and export shipment volumes for ocean containers seven days into the future,” Fuller stated on July 21. 

FreightWaves SONARFreightWaves CEO Craig Fuller introduced enhancements to SONAR, including Lane Scorecard, Ocean Shipments Report and Reefer Rates (beta), during the 3PL Summit.

On September...

https://www.freightwaves.com/news/sonars-global-ocean-data-foretells-upcoming-us-freight-movements-with-video