Small Fleet recap: Trucker Tools utilizing SONAR for rate visibility

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

FIRESIDE CHAT TOPIC: SONAR announcement with Trucker Tools’ Prasad Gollapalli.

DETAILS: Using SONAR’s TRAC data, Trucker Tools is making it easier for smaller owner-operators to make better decisions in order to grow their businesses without the hassle of negotiating with brokers.

BIO: Gollapalli is the founder, strategic adviser and CCO of Trucker Tools. He has nearly 20 years of experience in...

https://www.freightwaves.com/news/small-fleet-recap-trucker-tools-utilizing-sonar-for-rate-visibility

The insider’s guide to booking spot market loads

Truck driver who just booked a load on the spot market

If Shakespeare were a trucker, he would ask, “What’s in a load?” While I’m not as eloquent, I hope to answer this question from the standpoint of what a carrier should look for when booking spot market freight. Load bidding can be as much an operational art as a science. Below are a few key factors to consider when slumming it on the load boards looking to book some spot market freight.

(Disclaimer: Things I won’t cover include how to leverage dropped trailers to get extra revenue; how to wait...

https://www.freightwaves.com/news/the-insiders-guide-to-booking-spot-market-loads

FOSC chat: Truckstop.com’s Hutto talks data and transparency

Truckstop.com booth at FreightWaves' Future of Supply Chain

This fireside chat recap is from Day 1 of FreightWaves’ The Future of Supply Chain live event being held in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: Data, brokers and freight transparency.

DETAILS: FreightWaves founder and CEO Craig Fuller welcomed Brent Hutto of Truckstop.com on the stage to discuss how the freight brokerage model has changed over the years, why participants are clamoring for data, and how companies like FreightWaves and...

https://www.freightwaves.com/news/fosc-chat-truckstopcoms-hutto-talks-data-and-transparency

Truckload linehaul spot rate drop accelerates under pressure from surging diesel prices

Stormy weather for the trucking industry. Photo: Jim Allen (FreightWaves)

FreightWaves’ Future of Supply Chain summit is being held this week in Northwest Arkansas, the epicenter of North American supply chains. If you aren’t able to attend, you are welcome to tune into our free live stream that will carry all of the content from the main stage. The event kicks off on Monday at 9 a.m. ET.

At the event, we will be introducing several new data products, including a new national index that is assessed and published every day (NTID.USA). This is based on the FreightWaves...

https://www.freightwaves.com/news/truckload-linehaul-spot-rate-drop-accelerates-under-pressure-from-surging-diesel-prices

Xeneta: Long term container freight rates from US to Far East falls – now back in line with spot market

Peter Sand

After months of long term rates being significantly more expensive than short term rates on the backhaul US to Far East trade, a fall in long term rates at the start of Q2 has brought the two back in line.
Link to analysis: Xeneta Weekly Container Rate Update – week 16

In mid-March, long term rates were USD 350 per FEU higher than the spot market for containers going from the US East Coast towards the Far East. Since then, long term rates have fallen by USD 250 per FEU, while spot rates...

https://allaboutshipping.co.uk/2022/04/20/xeneta-long-term-container-freight-rates-from-us-to-far-east-falls-now-back-in-line-with-spot-market/

Check Call: Oh hey, 2022, how you doin’?

Hot Take

Image: reddit

We all know that feeling of hope and “new year, new me” that January brings. While we might not be rushing into the gym right away, we can certainly look at some things to get excited about in the new year. We have to be optimistic now so we can throw shade at 2022 in December just like we did to 2021 earlier in the week. Fair is fair. 

Some of the things I’m looking forward to are a result of major changes and acquisitions from this year so 2021 can’t be all bad. Without...

https://www.freightwaves.com/news/check-call-oh-hey-2022-how-you-doin

DSC chat: Where will spot rates go in 2022?

Edge Logistics President Will Kerr, right, with FreightWaves analyst Tom Mulvey.

This fireside chat recap is from the FreightWaves Domestic Supply Chain Summit.

FIRESIDE CHAT TOPIC: Where will spot rates go in 2022?

DETAILS: As rates continue to soar, Edge Logistics’ Will Kerr talks to FreightWaves’ Tony Mulvey about where the freight market is headed in 2022.

SPEAKERS: Kerr is president of Edge Logistics, and Mulvey is a senior research analyst at FreightWaves.

BIO: Kerr has been president of Chicago-based freight brokerage Edge Logistics since 2014. In November, he was named...

https://www.freightwaves.com/news/dsc-chat-where-will-spot-rates-go-in-2022

Mitigating financial risk by automating spot transactions

This has been an unparalleled year for the logistics industry. Thanks to a combination of surging consumerism and continuing pandemic-related stressors — including equipment delays and the ongoing driver shortage — carriers have struggled to scale up and meet the demands of the market. With capacity severely strained throughout 2021, shippers were faced with fierce competition, delivery delays and historically elevated rates. 

Shippers have found that many of their old business practices do not...

https://www.freightwaves.com/news/mitigating-financial-risk-by-automating-spot-transactions