Top Stories
Company Earnings
Strong quarter for Expeditors as disruptions and uncertainty led to a volume increase
Expeditors International had a strong quarter, beating analyst estimates on profitability and revenue.
American Shipper
Georgia port tops US ro-ro gateways
American Shipper
Jaxport completes vehicle berth expansion
American Shipper
WATCH: Helicopter lifts crew to safety from grounded container ship
SONAR High Frequency Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| NTI.USANational Truckload Index | -0.02 | $2.28 | $2.33 |
| NTIL.USANTI (Linehaul Only) | -0.02 | $1.72 | $1.76 |
| NTIDL.USANTI (Linehaul Daily) | -0.04 | $1.75 | $1.82 |
| OTRI.USAOutbound Tender Rejection Index | 0 | 5.63 | 5.62 |
| OTVI.USAOutbound Tender Volume Index | -0.02 | 10088.48 | 10286.72 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0.01 | $4116.4 | $4064.99 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0.2 | 0.79% | 0.66% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 0% | 0% |
Latest News
The Stockout
Freight markets improve slower than carriers would like
Spot rates rise, but inflection yet to take hold.
The Stockout
Numerous issues on shippers’ radar to start year
State of Freight Webinar
Takeaways from State of Freight: Volatility in Washington, intermodal surge
In the first State of Freight webinar for the year, intermodal and politics were on the agenda.
State of Freight for December: Freight economy due for ‘directional’ change
During the State of Freight webinar for December, Craig Fuller and Zach Strickland discuss how a market shift could impact carriers, brokers and shippers in 2025.
State of Freight live: A bullish post-election trucking market assessment
At an in-person State of Freight, FreightWaves CEO Craig Fuller and SONAR Director of Freight Market Intelligence Zach Strickland talked about why they think the freight market has turned.
Chart of the Week
Chart of the Week
Truckload rejection rates surge in largest US-Mexico cross-border market
Rejection rates that surged over 6% just before Christmas for loads out of Laredo, Texas, have unexpectedly remained elevated.
Chart of the Week
Winter spot rate slide a seasonal pattern
Chart of the Week
Slow market tightening apparent in spot-to-contract spread
Chart of the Week
Inventory levels suggest demand will not be a concern in early 2025
Tracking Tariffs
WHAT THE TRUCK?!?
Trucking love stories; Trump’s reciprocal tariffs; Response’s $4M seed round | WHAT THE TRUCK?!?
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Keivan Shahida; John Stephenson; Mark Schedler
Trade and Compliance
Trump announces plan for reciprocal tariffs on all US trading partners
Global Supply Chain
Machinists union: Tariffs on Canadian metals a ‘gut punch’ to workers
American Shipper
Trump tariffs see retailers boosting US container imports
Editor's Picks
Borderlands: Mexico
Borderlands Mexico: Trade fears, CO2 rules hit Mexico’s cargo truck exports
This week in Borderlands: Trade fears, CO2 rules hit Mexico’s cargo truck exports; Gebrüder Weiss opens Phoenix location aimed at cross-border trade; Bourque Logistics snags $100M in financing for expansion; Taiwan auto parts supplier plans $70M factory in central Mexico.
Trade and Compliance
Lawmaker blames FedEx pressure, Trump bungling for de minimis U-turn
Air Cargo
Air cargo delivers for Valentine’s Day
American Shipper
Air Cargo
New UPS air route targets trade from France to Hong Kong
UPS has deployed a 747 freighter to carry French exports to Hong Kong. The primary front-haul route is typically from China and Hong Kong to Europe.
American Shipper
India plans new container line, sees maritime path to global goals
Modern Shipper
Air Cargo
Sun Country expects to double cargo revenue with Amazon fleet additions
Sun Country Airlines expects robust growth in cargo revenue as it begins to receive eight more 737 freighter aircraft for its Amazon flying business.
Bankruptcies and Layoffs
Layoffs and Bankruptcies
Pennsylvania trucking company files Chapter 11 bankruptcy
Turk Transportation filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Western District of Pennsylvania.
Layoffs and Bankruptcies
Layoffs hit more than 7,100 workers tied to freight industry in US, Canada
Layoffs and Bankruptcies
Nikola seeks financial lifeline amid bankruptcy rumors
AskWaves
Maritime
How safe is Red Sea? Different shipping lines have different answers
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Technology
Net-Zero Carbon
Sustainability
Alpha Augmented Services secures $2M to optimize international shipping
Swiss logistics startup Alpha Augmented Services recently snared $2 million in investment aimed at expanding its global reach.
