SONAR Market Update

The highlight reel from Wednesday’s SONAR reports. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here.

Lanes to watch

By Zach Strickland, director, Freight Market Intelligence

ATLANTA to JACKSONVILLE (Florida)

Overview: Brokers should lower bids to reflect increased carrier compliance.

Highlights

• The tender rejection rate in the lane declined 205 basis points (bps) in the past week to 19.5%, the lowest level since February.   
• W...

https://www.freightwaves.com/news/sonar-sightings-for-oct-20-dallas-to-la-chicago-market-spot-rates

The highlight reel from Tuesday’s SONAR reports. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here.

Lanes to watch

By Zach Strickland, director, Freight Market Intelligence

PHOENIX to LOS ANGELES

Overview: Carriers accept low rates on the PHX–LAX lane as spot rates increase in Southern California. 

Highlights

• Phoenix’s dry van Headhaul Index has increased, but remains extremely low at -95.81, indicating a surplus of capacity...

https://www.freightwaves.com/news/sonar-sightings-for-oct-19-phoenix-to-la-dry-van-index-carrier-update

The highlight reel from Monday’s SONAR reports. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here.

Lanes to watch

By Zach Strickland, director, Freight Market Intelligence

KANSAS CITY (Missouri) to INDIANAPOLIS

Overview: Reefer rejection rates remain elevated at 47.01% on the MCI–IND lane as freight volumes decline.

Highlights

• Reefer freight volumes declined to 16.54 index points in the Kansas City market, but reefer rejection...

https://www.freightwaves.com/news/sonar-sightings-for-oct-18-kc-to-indy-shipper-update-reefer-rejection-rates

Here is a roundup from Friday’s SONAR reports. This file will be updated throughout the day. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here.

Lanes to watch

By Zach Strickland, director, Freight Market Intelligence

NASHVILLE to ELIZABETH (New Jersey)

Overview: Rejections are likely to increase further as outbound volumes surge w/w.

Highlights

• Nashville outbound tender volumes are up 15% w/w, signaling that demand for...

https://www.freightwaves.com/news/sonar-sightings-for-oct-15-used-truck-prices-savannah-update-lanes-to-watch