Volume

How shippers can capitalize on today’s soft logistics market

In the early days of 2023, shippers are navigating a more favorable national freight market. As last year wrapped with a gradual loosening of capacity and lower spot rates, the industry is settling into a deflationary period.

Due to retail sales, manufacturing output, and imports decreasing in Q4, freight demand continued to contract across the board and created a softer market in Q1. This softness is expected to persist throughout 2023 — but the market will inevitably turn tighter, making now...

https://www.freightwaves.com/news/how-shippers-can-capitalize-on-todays-soft-logistics-market

Relative reefer capacity at loosest point since mid-September

This week’s DHL Supply Chain Pricing Power Index: 70 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers. 

The Pricing Power Index is based on the following indicators:

Load volumes: Absolute levels positive for...

https://www.freightwaves.com/news/relative-reefer-capacity-at-loosest-point-since-mid-september

Storm’s whipsaw effect tilts power in carriers’ favor — how long can it last?

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 75 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

There are many variables converging that will keep upward pressure on spot rates and tender rejections for the...

https://s29755.pcdn.co/news/storms-whipsaw-effect-tilts-power-in-carriers-favor-how-long-can-it-last

Freight markets need another source of demand

This week’s DHL Supply Chain Pricing Power Index: 65 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

We may be seeing signs of a traditional January lull, but at a much higher level than years past. The Outbound...

https://www.freightwaves.com/news/freight-markets-need-another-source-of-demand

Carriers cruising into red-hot holiday season

This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

The Pricing Power Index is based on the following indicators:

Load volumes: Absolute levels positive for carriers,...

https://s29755.pcdn.co/news/carriers-cruising-into-red-hot-holiday-season

Accepted freight tender volumes up 16.5% year-over-year

After declining slightly last week, the Outbound Tender Volume Index (OTVI) bounced back this week. Last week’s decline was marginal, only -1.3%, but it was the first weekly decline since the freight market began heating up in May. There is still an extremely high number of rejected tenders being counted in OTVI. To account for this, we can calculate the accepted tender volume index (using the inverse of OTRI).  This metric fell more than 3% last week but has also bounced back up 1.5%...

https://s29755.pcdn.co/news/accepted-freight-tender-volumes-up-165-year-over-year

Welcome to the top; get comfortable

This week’s DHL Supply Chain Pricing Power Index: 80 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

It may be time to call the top, but it also may be meaningless. Freight volumes may have peaked, but they will...

https://s29755.pcdn.co/news/welcome-to-the-top-get-comfortable

Carriers in auction mode; spot rates nearly $3/mile on national level

This week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Accepted freight tender volumes are accelerating on a year-over-year basis. While tender rejections decelerated...

https://s29755.pcdn.co/news/carriers-in-auction-mode-spot-rates-nearly-3-mile-on-national-level

Spot rates above $3/mile in 46 of 100 lanes

This week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 85 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Lingering distortions from the Labor Day holiday make weekly comparisons difficult. Accepted tenders up 15%...

https://s29755.pcdn.co/news/spot-rates-above-3mi-in-46-of-100-lanes

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