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SONAR Sightings for June 22: Atlanta to Memphis, Tennessee, Germany to US, more
The highlights from Wednesday’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...
Is war driving up demand? — #WithSONAR
On this episode of #WithSONAR, Luke Falasca is joined by Jim Knuerr to look at the increasing imports flowing into the US and the resulting impact on domestic truckload demand.
Additionally, as contract rates hit new highs in the van sector, tender rejections are approaching a 52 week low; what...
https://www.freightwaves.com/news/is-war-driving-up-demand-withsonar
The rates rollercoaster — #WithSONAR
Luke Falasca welcomes FreightWaves’ Business Development representative James Jackson back to the #WithSONAR stage to talk about the ups-and-downs of rates in this volatile market.
The two discuss some of the highest traffic lanes in the US, which ones are falling and which ones are continuing to...
https://www.freightwaves.com/news/the-rates-rollercoaster-withsonar
Has the market peaked already? — #WithSONAR
On today’s episode of #WithSONAR, Luke Falasca and Kyle Taylor look at the early signals ocean imports are giving us that peak season may be behind us.
They also dive into price changes happening around the Chicago market for both intermodal and truckload movements.
You can find more #WithSONAR...
https://www.freightwaves.com/news/has-the-market-peaked-already-withsonar
Is bitcoin growing faster than truckload demand? — #WithSONAR
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor dive into the continued elevated demand for truckload capacity and the impact peak season will have on it in Q4.
They also discuss how bitcoin and other cryptocurrencies are here to stay for a while and growing more in value every day. In addition, the two look at a few specifics in the Dallas market and why that market isn’t following the general national trend.
You can find more #WithSONAR episodes and recaps for all our live...
https://www.freightwaves.com/news/is-bitcoin-growing-faster-than-truckload-demand-withsonar
Are trucks better than rail? — #WithSONAR
Back in the summer, some freight experts were touting intermodal as a release valve for freight capacity, but is that really the case?
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor take a look at the declining intermodal volume over the past year, where it has gone and why it has seen so much shrinkage. How much volume can the truckload market absorb and will this force truckload rates even higher in the future?
You can find more #WithSONAR episodes and recaps for all our live...
https://www.freightwaves.com/news/are-trucks-better-than-rail-withsonar
Is peak season already here? — #WithSONAR
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor look at how the data is showing that peak shipping season may already be kicking into gear.
They look at the latest SONAR charts, including incoming U.S. twenty-foot equivalent units and U.S. imports, and touch on how those imports are affecting truckload volumes.
They also discuss how port congestion is limiting movements and how shippers can still be proactive in picking shipping networks even though peak season is almost here.
You can...
https://www.freightwaves.com/news/is-peak-season-already-here-withsonar
Are freight volumes hitting a high point? — #WithSONAR
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor discuss the possibility of truckload volume hitting a new all-time high.
They use SONAR data and charts to look at how much volume is really flooding the market and whether there is any capacity on the horizon to help alleviate the stress.
Ocean imports are also increasing, which when coupled with near-record port congestion on the West Coast could cause a big Q4 push in truckload volume.
You can find more #WithSONAR episodes and...
https://www.freightwaves.com/news/are-freight-volumes-hitting-a-high-point-withsonar
Avoiding the money pit ー #WithSONAR
On today’s episode of #WithSONAR, Luke Falasca and Kyle Taylor dive into how SONAR can identify the areas of your truckload network that are most at risk of service failures and where you’re overpaying for freight.
They also react to results from the Olympic Games so far and talk about their...
https://www.freightwaves.com/news/avoiding-the-money-pit-ー-withsonar