Chart of the Week: Reefer Outbound Tender Reject Index – Florida, USDA Produce Spot Rate – Lakeland to Chicago, Lakeland to Boston SONAR: ROTRI.FL, AGRATE.LALCHI. AGRATE.LALBOS
Refrigerated tender rejection rates for loads originating in Florida topped 5% this past week for the first time since July 2022.
The spiking rejection rates coincided with jumping spot rates for produce truckload moves, something that occurs regularly this time of year for the region. The big takeaway is that spot...
The highlights from Monday’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 watch for Sept. 12Memphis, Tennessee
Today we will specifically be looking into the trends within the reefer markets across the nation.
Next week is supposed to be a hot one for Memphis with rising temperatures,...
Chart of the Week: Revenue per Driver per Week – Dry Van and Reefer Carriers SONAR: DRVREV.VCFOO, DRVREV.RCFOO
According to the Truckload Carriers Association, reefer carriers are experiencing more expansion in revenue than dry van. Reefer carriers have seen revenue per driver per week increase from $3,944 in June to $4,422 in September, while dry van carriers are seeing a 10% expansion in revenue efficiency over the same period. While this may not be a terribly shocking figure during the...
https://s29755.pcdn.co/news/reefer-outpacing-van-growth-in-second-half-of-2020
Chart of the Week: Reefer Outbound Tender Rejection Rate, Van Outbound Tender Rejection Rate – USA SONAR: ROTRI.USA, VOTRI.USA
The freight market is still reeling from the economic mess created by the COVID-19 pandemic, but reefer tender rejection rates have been on the rise since bottoming in late April around 3.8%—now sitting around 5.56%. Dry van rejection rates have yet to make a meaningful movement since bottoming around 2.6% in mid to late April. Could the increase in reefer tender...
https://s29755.pcdn.co/news/reefer-capacity-begins-to-tighten-could-van-follow