rates

Carriers in auction mode; spot rates nearly $3/mile on national level

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

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

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

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

Accepted freight tender volumes are accelerating on a year-over-year basis. While tender rejections decelerated...

https://s29755.pcdn.co/news/carriers-in-auction-mode-spot-rates-nearly-3-mile-on-national-level

Spot rates above $3/mile in 46 of 100 lanes

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

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

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

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

Lingering distortions from the Labor Day holiday make weekly comparisons difficult. Accepted tenders up 15%...

https://s29755.pcdn.co/news/spot-rates-above-3mi-in-46-of-100-lanes

Carriers get it while the gettin’s good — $3/mile LA to DAL

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

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

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

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

Outbound Tender Volume Index (OTVI) up and to the right — sound familiar? OTVI surged to another record high this...

https://s29755.pcdn.co/news/carriers-get-it-while-the-gettins-good-3mile-la-to-dal

Spot rates on pace to break 2018 records, how long will they stay there?

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

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

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (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 did not lose ground this week, but rather further solidified their dominant pricing...

https://s29755.pcdn.co/news/spot-rates-on-pace-to-break-2018-records-how-long-will-they-stay-there

When will the contract market catch up with spot rates?

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

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

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (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.

There is no change in the Pricing Power Index this week despite a continuation of the trends we’ve seen...

https://s29755.pcdn.co/news/when-will-the-contract-market-catch-up-with-spot-rates

Current environment points to higher rates forthcoming

This week’s DHL Supply Chain Pricing Power Index: 40 (Shippers)

Last week’s DHL Supply Chain Pricing Power Index: 35 (Shippers)

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.

Freight volumes cooled off slightly this week but remain well above both 2018 and 2019 levels. Capacity...

https://s29755.pcdn.co/news/current-environment-points-to-higher-rates-forthcoming

Volumes and rejections slowly increasing, but don’t ring the alarm yet

This week’s DHL Supply Chain Pricing Power Index: 10 (Shippers)

Last week’s DHL Supply Chain Pricing Power Index: 10 (Shippers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 50 (Balanced)

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.

Outbound tender volumes have risen nearly 10% off the bottom on April 6th, but the momentum has stalled...

https://s29755.pcdn.co/news/volumes-and-rejections-slowly-increasing-but-dont-ring-the-alarm-yet

Why Are Shippers Deferring Contract Cargoes?

  • Ocean carriers are taking advantage of some of the best rates in three months.
  • They are deferring contract cargo in favor of spot freight as shippers try to book space ahead.
  • Spot ocean freight on the main Asia-U.S. West Coast trade lane is running $1,557 per forty-foot equivalent unit (FEU).
  • From a mid-January high of $1,600 per FEU, the index is at one of its best levels since October.

According to an article published in Freight waves, an increasing number of canceled sailings between Asia...

http://mfame.guru/why-are-shippers-deferring-contract-cargoes/

Hapag-Lloyd announces fresh rates

Hapag-Lloyd announces the following Ocean Tariff rates for all cargoes in 20’ and 40’ General Purpose (incl. High Cube Containers) on the westbound trade from East Asia to North Europe.

Valid for sailings commencing on tariffing date December 22, 2019 onwards and until further notice, Hapag-Lloyd’s Ocean Tariff rates from East Asia (excluding Japan) will be as follows:

Freight All Kinds (FAK) subject to Marine Fuel Recovery (MFR) and IMO2020 Transition Charge (ITC)*.

* Kindly note that in respect...

https://container-news.com/hapag-lloyd-rates-2/

Proposed Great Lakes pilots’ rates show slight decrease

The Coast Guard is proposing Great Lakes pilots’ rates for the 2020 shipping season that are up in four of the six service areas and down in two resulting in slightly lower costs for shippers for the first time in several years.

Per pilot hourly pay will range from $327 to $757, compared to $306 to $733 this year due primarily to a 2% inflation adjustment, lower operating expenses for pilot associations, the addition of one pilot in District Two, and more money for the working capital fund....

https://www.workboat.com/news/coastal-inland-waterways/proposed-great-lakes-pilots-rates-show-slight-decrease/

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