trucking capacity

Why are supply chains so messed up?

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This is the question that I am asked on a daily basis. The issue is very complex, so I usually quip with a surprising response, “They’ve always had issues, but no one was really paying attention.” Turns out, unless the person works in freight, they are very unsatisfied with this answer. After all, freight and products just seemed to automatically show up before, but that is no longer the case. 

Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.

Anyone that has been around...

https://www.freightwaves.com/news/why-are-supply-chains-so-messed-up

Could warehouse automation increase truck capacity by 30%?

Fast-growing warehouse robotics firm Geek+ is adding another weapon to its portfolio of automation solutions designed to improve warehouse efficiencies, lower costs and increase throughput speed.

The Smart Mixed Case palletizing solution, co-developed with warehouse management tools provider WSR Solutions, combines Geek+’s autonomous mobile robots (AMRs) and WSR’s intelligent palletizing algorithm to more efficiently collect and pack multiple outbound orders on a single pallet. The result is a...

https://www.freightwaves.com/news/could-warehouse-automation-increase-truck-capacity-by-30

Why is carrier compliance increasing along with spot rates?

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

Southern truckload capacity vanishes before the 4th

Chart of the Week: Outbound Tender Reject Index – Atlanta, Dallas  SONAR: OTRI.ATL, OTRI.DAL

Just when shippers and freight brokers thought the U.S. freight market was easing, capacity tightened to record levels in two of the nation’s largest freight centers: Atlanta and Dallas. The outbound tender reject index (OTRI), which measures the rate at which carriers reject electronic requests for capacity from shippers, jumped to its highest values since the index was created back in early 2018. So...

https://www.freightwaves.com/news/southern-truckload-capacity-vanishes-before-the-4th

Rethinking RFPs: The power of conversation

Convoy launches shipper program

Completing the annual request-for-proposal (RFP) process is a time-consuming task, especially considering the sheer volatility of the market. Shippers devote a significant chunk of both their time and resources to annual RFPs, so it is crucial that these tasks be completed with the utmost care. For shippers hoping to spend minimal time engaging with the spot market, a forward-looking approach is also necessary. 

In an industry in which change is the only constant, planning for all probabilities...

https://www.freightwaves.com/news/rethinking-rfps-the-power-of-conversation

West vs. East coasts: The battle for trucking capacity escalates

Chart of the Week: Outbound Tender Volume Index, Outbound Tender Reject Index, Inbound Tender Volume Index – Ontario  SONAR: OTVI.ONT, OTRI.ONT, ITVI.ONT

Southern California’s outbound tender volumes have risen by nearly 20% since the middle of May while inbound volumes are relatively flat, pushing outbound rejection rates to their highest level in over a month. Volumes jumped in April, but this emerging pattern has a different look to it, having been sustained for several weeks now. What does...

https://www.freightwaves.com/news/west-vs-east-coasts-the-battle-for-trucking-capacity-escalates

FreightWaves SONAR releases Capacity Trend Indices

FreightWaves SONAR is releasing a new set of indices whose sole function is to help shippers, carriers and brokers prioritize their attention each day – Capacity Trend Market Scores (CTSCV, CTSCR, CTSSV, CTSSR) and Capacity Trend Market Direction (CTDV, CTDR). SONAR subscribers will easily be able to see those markets have the most significant tightening or easing conditions, leading to lower costs and improved profitability. 

Measuring capacity is a key to maximizing margins/transactions for a...

https://www.freightwaves.com/news/freightwaves-sonar-releases-capacity-trend-indices

Rate increases drive trucking compliance higher in May

Chart of the Week: Van Contract Rate Per Mile Initial Report, Outbound Tender Reject Index – USA  SONAR: OTRI.USA, VCRPM1.USA

National tender rejection rates declined about a percentage point on average in May as demand edged higher. The natural thought would be that capacity or the supply of equipment has increased, but the data suggests this was probably due to the increase in long-term or contract rates.

The Outbound Tender Volume Index (OTVI) increased 0.94% in May while tender rejection...

https://www.freightwaves.com/news/rate-increases-drive-trucking-compliance-higher-in-may

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