Top Stories
Less than Truckload (LTL)
First wave of Yellow terminals will go for $1.9B; sale process ongoing
A Delaware bankruptcy court filing shows several prominent less-than-truckload carriers hold $1.9 billion in winning bids for 130 of Yellow’s terminals.

Autonomous Freight
TuSimple lays off 150 more employees as it winds down US operations

Logistics
Landstar CEO Jim Gattoni to retire

Truck Driver Issues
Florida seeks help for truckers failing pre-trip inspections
SONAR High-Frequency Supply Chain Data

Market | Percent Change | *Today’s Value | Last value |
---|---|---|---|
MQFWSCTP.USASupply Chain Tech Index | 0.01 | $3737.38 | $3711.21 |
Market | Percent Change | *Today’s Value | Last value |
---|---|---|---|
IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0.02 | 2.7% | 2.65% |
IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0.02 | 1.32% | 1.29% |
Weekly NTI Update: September 26, 2022
FreightWaves Pricing Power Index
The most wonderful time
Tender volumes were outpacing 2022 levels before the holiday and came within spitting distance of 2020 — freight demand’s second-best year on record.
FreightWaves Pricing Power Index
The minor fall and the major lift
FreightWaves Pricing Power Index
Death by a thousand cuts
SONAR Analyst Reports
Ocean carriers’ record rejections last-ditch effort to bolster spot rates
SONAR’s Container Atlas shows new booking volumes plummeting over 35% from their Aug. 1 peak, a key indicator that U.S. import demand is rapidly deteriorating. (Photo: Jim Allen/FreightWaves)
Contract rate decline takes pause despite significant spot market discount
Transportation providers are going to have to maintain an aggressive posture when competing for business during the upcoming bid season.
Ocean carriers steadily losing pricing power in trans-Pacific
Ocean carriers are steadily losing pricing power on the trans-Pacific as China to U.S. demand peaks for the second half of 2023.