President Donald Trump’s tariffs on China and those threatened against Mexico and Canada may slow freight markets and shift supply chains to Vietnam, Taiwan and India, according to a panel of SONAR market experts.
SONAR’s Zach Strickland, director of freight market intelligence; Tony Mulvey, senior analyst, economics and transportation; and Mike Baudendistel, head of intermodal solutions, hosted a webinar on Tuesday titled “Navigating the Trump Administration’s Tariff Policies: A Roundtable...
In anticipation of a tighter truck freight market in 2025, some shippers have started making contract adjustments as pricing power begins to shift to carriers.
“We’re actually seeing price appreciation in contract rates as the spread between spot and contract is increasing,” said Ryan Grote, supply chain solution analyst at FreightWaves.
“Roughly 70% of freight moves under contract, and the fact that we’re already seeing those prices start to appreciate I think is another signal that the bottom...
https://www.freightwaves.com/news/bracing-for-tighter-truck-capacity-shippers-rebid-contracts
FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton.
Supply Chain Organizational Reporting Engagement (SCORE) has been designed to provide an apples-to-apples comparison of both service and rates. Members can contribute data to get custom insights into their shipping operations. At the same time, the supply chain industry gains reliable, comprehensive data backed by experts.
Nick Persin, director of...
https://www.freightwaves.com/news/sonar-gives-premier-look-inside-shipper-data-consortium
What does it take to be a shipper of choice?
Or maybe the question should be: What does it take to be a Shipper of Choice?
The lowercase first version describes generally a customer that carriers consider it a pleasure to do business with.
The capitalized second use refers to a shipper that has earned a distinction from an outside observer, like FreightWaves, or possibly from a carrier publicly or internally bestowing the honor on a shipper that has earned it by reaching certain metrics.
On a SONAR...
https://www.freightwaves.com/news/sonar-webinar-chasing-the-coveted-title-of-shipper-of-choice
FreightWaves SONAR and logistics software company Keelvar have teamed up to create a powerful integration tool for reviewing high-frequency supply chain data.
During Wednesday’s October Webinar, Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, about delivering SONAR’s truckload datasets to the Keelvar platform.
“We are bringing in our low, medium and high contract rate pricing,” Persin said during the...
The FreightWaves webinar for January, broadcast Thursday with Head of Freight Market Intelligence Zach Strickland and FreightWaves CEO and founder Craig Fuller, came after a fourth quarter that everybody in the freight space would describe as, at the very least, “challenging.”
But with signs of at least a turn in volumes, here are five key takeaways from the hourlong discussion. You can access the full webinar here.
Better trucking volumes don’t prove market is getting better for those in it
Fulle...