The highlights from Tuesday’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.
In a recent change of the traditional way of doing things through SONAR Sightings with lanes to watch, there will be a slight alteration in the presentation of the data. It will begin with a market to watch then...
The highlights from Friday’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.
NTI as a point of reference
The National Truckload Index is a daily look at how spot rates in specific lanes hold up in comparison to the national average, giving carriers and brokers an idea of which lanes to...
This fireside chat recap is from FreightWaves’ Small Fleet and Owner-Operator Summit on Wednesday.
FIRESIDE CHAT TOPIC: SONAR demo for Small Fleets
DETAILS: By reading rejection rates, SONAR data can be advantageous for smaller carriers that may be looking to move out of a particular market and position themselves into another.
SPEAKERS: Eric Larsen and Zach Blanchard
BIOS: Larsen is based in Phoenix and joined FreightWaves in January 2021 after spending four years with Truckstop.com. Prior to...
Chart of the Week: Van Outbound Tender Reject Index, Truckstop.com top 100 all-in van rate per mile – USA SONAR: VOTRI.USA, TSTOPVRPM.USA
Tender rejection rate changes typically lead spot rates by several days as the underlying contract market destabilizes in front of the spot market. Currently they are moving in different directions. Why is this happening?
The freight market is going through a lot of changes. The pandemic year capacity crunch has motivated shippers to change their behaviors and...
https://www.freightwaves.com/news/why-is-carrier-compliance-increasing-along-with-spot-rates
Chart of the Week: Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index, Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, VOTRI.USA, TSTOPVRPM.USA
Truckload carriers have continued to struggle to provide consistent coverage through the first quarter of 2021, and in return costs have increased. This relationship seems counterintuitive at a base level — why would you spend more to get less? — but it is a common result of demand exceeding supply in just about...
https://s29755.pcdn.co/news/transportation-costs-keep-rising-as-service-deteriorates
Truck brokers will see a huge upswing in costs if federal regulators make a broker transparency change requested by owner-operators, according to logistics company ArcBest [NASDAQ: ARCB].
Barney Long, deputy general counsel for the Fort Smith, Arkansas-based company, told the Federal Motor Carrier Safety Administration (FMCSA) that the revisions being sought by the Owner-Operator Independent Drivers Association (OOIDA) will increase equipment, software programming and personnel costs to at least...
#kt-adv-heading_be6b48-4d, #kt-adv-heading_be6b48-4d .wp-block-kadence-advancedheading {font-size:22px;line-height:53px;font-weight:400;font-family:Amiko;}
To view more FreightWaves infographics, click here.
https://s29755.pcdn.co/news/daily-infographic-importance-of-tracking-tender-rejection-rate