trucking capacity

Watch out trucking, industrial sector has a pulse

Chart of the Week: Total Rail Carloads, Chemical Rail Carloads, Motor Vehicle Rail Carloads – USA  SONAR: RTOTC.USA, RTOCH.USA, RTOMV.USA

The latest rail carload data is showing that the industrial side of the economy, which is the backbone for a large amount of freight movement in the U.S., has finally started to recover after hovering on the floor for over three months. Increasing carload volumes for raw materials like chemicals and motor vehicles are good leading indicators of future...

https://s29755.pcdn.co/news/watch-out-trucking-industrial-sector-has-a-pulse

Supply chain shuffle keeps capacity tight

Chart of the Week:  Logistics Managers’ Index – Inventory Levels, Transportation Capacity SONAR: LMI.INVL, LMI.TPCP

According to the June Logistics Managers’ Index (LMI), inventories are expanding rapidly while transportation capacity is in free fall. This pattern has not occurred with this level of significance since late 2017 when domestic transportation capacity was historically low, leading to the largest expansion in trucking rates in the past 15 years. 

The Logistics Managers’ Index is a...

https://s29755.pcdn.co/news/supply-chain-shuffle-keeps-capacity-tight

Shipping volatility causes major disruption to carrier networks

Chart of the Week: Trucks-in-Market,Outbound Tender Volume Index, Outbound Tender Rejection Index – LAX SONAR: TRUK.LAX, OTVI.LAX, OTRI.LAX

It may seem obvious, but as this week’s chart illustrates, there is a clear relationship between fluctuating truckload volumes and the chance for declining carrier compliance rates. Inconsistent volumes can be one of the biggest drivers of increasing spot rates, and the COVID-19 pandemic has exaggerated its impact on trucking networks. 

The Trucks-in-Market...

https://s29755.pcdn.co/news/shipping-volatility-causes-major-disruption-to-carrier-networks

The freight-rollercoaster continues for trucking

Chart of the Week: Outbound Tender Rejection Index – USA Seasonality View SONAR: OTRI.USA

The Outbound Tender Rejection Index (OTRI) pushed above 16% for the second time in 2020 last week, after being as low as 2.5% in early May, which was the lowest value seen since the index was created in March 2018. To put it in perspective, the highest value recorded for the national index that measures the rate at which carriers reject their electronic load requests from shippers was 26.8% in March 2018...

https://s29755.pcdn.co/news/the-freight-rollercoaster-continues-for-trucking

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