Outbound Tender Rejection Index Archives - Page 5 of 6

SONAR Sightings for Aug. 23: Reefer volumes fall in Northern California

23 August 2022

The highlights from Tuesday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watchStockton, California

Reefer volumes out of Northern California are down this month. Stockton is a major distribution center during the produce harvest season, so these signs of decline point to certain...

https://www.freightwaves.com/news/sonar-sightings-for-aug-23-reefer-volumes-fall-in-northern-california

SONAR Sightings for Aug. 19: Philadelphia’s haul score ascends to highest point on record

19 August 2022

The highlights from Friday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watchLouisville, Kentucky

Carriers in Louisville can raise their glasses of bourbon in cheers (when they’re not working, of course) because outbound volume is on the rise. Since Tuesday, outbound tender volumes...

https://www.freightwaves.com/news/sonar-sightings-for-aug-19-philadelphias-haul-score-ascends-to-highest-point-on-record

How broker agents can endure a soft freight market

16 August 2022

In a soft freight market, one big challenge brokers face is securing new contracts at favorable rates.

Today’s market conditions, in which capacity is loose and rates are low, mean shippers have the advantage when it comes to pricing power.

“Right now everyone’s just very, very hungry because there is additional capacity in the marketplace, but those that have those relationships with customers are the ones that still have the freight at the end of the day,” said Brian AuBuchon, vice president...

https://www.freightwaves.com/news/how-broker-agents-can-endure-a-soft-freight-market

SONAR Sightings for Aug. 9: Jacksonville, Florida, shows signs of recovering to its headhaul nature

10 August 2022

Market watchJacksonville, Florida

Jacksonville tender volumes are rising and crashing like the waves of its beaches so far in August. Since the start of the month, outbound tender volumes are up 10% but have started a...

https://www.freightwaves.com/news/sonar-sightings-for-aug-9-jacksonville-florida-shows-signs-of-recovering-to-its-headhaul-nature

Tornadoes across South may further strain flatbed capacity

24 March 2022

After severe storms and tornadoes ripped through Texas on Monday, other parts of the South were next in line. Building back in heavily damaged areas will increase demand for construction materials and flatbed capacity to truck those goods.

#Tornado damage on Rose St in Arabi. pic.twitter.com/OwyEpNtOA0

— St. Bernard Parish (@StBGov) March 23, 2022

People continue to pick through debris after tornadoes struck the New Orleans area Wednesday, killing at least one person and leaving thousands...

https://www.freightwaves.com/news/tornadoes-across-south-may-further-strain-flatbed-capacity

Loaded and Rolling: Driver as a service and the dangers of dwell

20 January 2022

Driver as a service: J.B. Hunt becomes Waymo’s first self-driving freight customer

Waymo announced a long term-strategic alliance with J.B. Hunt, which will become Waymo Via’s first customer for fully autonomous, driverless freight routes. Waymo, a subsidiary of Google parent company Alphabet Inc., began trial runs with J.B. Hunt in June 2021 for its autonomous driving technology, involving daily routes along the I-45 corridor between Houston and Fort Worth, Texas. At the...

https://www.freightwaves.com/news/loaded-and-rolling-driver-as-a-service-and-the-dangers-of-dwell

Check Call: Lassie, when did you learn how to drive?

12 January 2022

Hot Take

National Take Your Dog to Work Day is a favorite for many office workers. Lassie gets to come with you and have a pup-tastic day at the office. Those in pet-friendly offices get to experience this joy on a daily basis, but what about truck drivers? Turns out about 40% of truck drivers bring their pets along on the road. Driving for hours on end without a partner in the cab is extraordinarily lonely.

The human/animal bond has been proven to be beneficial to those...

https://www.freightwaves.com/news/check-call-lassie-when-did-you-learn-how-to-drive

FreightWaves SONAR data available now through Bloomberg

8 November 2021

FreightWaves, the industry-leading provider of data, analytics and news for global supply chains and logistics, announced that two of the company’s proprietary tender indices are now available to Bloomberg Data License clients via the Bloomberg Enterprise Access Point.

The FreightWaves SONAR tender indices track contracted freight volume and capacity availability across the surface freight market. These tender indices provide upstream indicators of contract freight volume, capacity and rate...

https://www.freightwaves.com/news/freightwaves-sonar-data-available-bloomberg-outbound-tender-volume-index-rejection-index

All eyes on East Coast ports as volumes spike, Ever Given fallout looms

1 April 2021

The Ever Given is no longer lodged in the Suez Canal, but the pileup it caused has everyone wondering what repercussions may materialize in the coming weeks. While most of the cargo containers transiting the Suez Canal move from Asia to Europe, significant volumes also travel from Southeast Asia and India to the East Coast of the U.S.

Over the next few weeks, interested parties will be looking to East Coast ports to see whether those repercussions mean a loss of domestic freight volumes. But...

https://www.freightwaves.com/news/all-eyes-on-east-coast-ports-as-volumes-spike-ever-given-fallout-looms

Trucking contract rates up 12% year-over-year

7 February 2021

Chart of the Week: Van Contract Base Rate per Mile, Van Outbound Tender Rejection Index, Truckstop.com 7-day rate per mile Van– USA SONAR : VCRPMF.USA, VOTRI.USA, TSTOPVRPM.USA

Shippers spent 12% more per mile for dry van truckloads on average through most of the fourth quarter of 2020 than they did in 2019. That is according to FreightWaves’ newest dataset that measures trends in long-term rates (not spot rates) between shippers and van carriers, Van Contract Base Rate Rate per Mile (VCRPMF).

Tr...

https://s29755.pcdn.co/news/trucking-contract-rates-up-12-year-over-year

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