The Stockout Show

Loose Southern California truck market set to get looser

Carriers in port cities brace for ‘air pocket’

The Los Angeles outbound tender rejection rate is only 2% compared to the national tender rejection rate of 5.4%. (Chart: SONAR)

Import volume remained strong in April, as FreightWaves described, with imports up 1.2% from March and 9.1% year over year. Going forward, a major drop-off in imports seems imminent with the questions being severity and duration – and ultimately whether that will lead to stockouts and a need for more expedited surface...

https://www.freightwaves.com/news/loose-southern-california-truck-market-set-to-get-looser

Freight industry braces for drop in demand

Tender volume takes a dive

Tender volume, a measure of how often shippers request carriers to move loads, has trended down in recent days. (Chart: SONAR)

Up until the past few days, for all the turmoil in trade policy and the financial markets, SONAR had not been showing much change in freight demand, as measured in tender volume. That changed the past few days as the volume of tenders, or electronic requests made by shippers to move loads, declined significantly to no longer track levels of two...

https://www.freightwaves.com/news/freight-industry-braces-for-drop-in-demand