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SONAR High-Frequency Supply Chain Data

Market Percent Change *Today’s Value Last value
NTI.USANational Truckload Index 0 $2.27 $2.27
NTIL.USANTI (Linehaul Only) 0 $1.56 $1.56
NTIDL.USANTI (Linehaul Daily) 0.04 $1.59 $1.53
OTRI.USAOutbound Tender Rejection Index 0.01 3.91 3.87
OTVI.USAOutbound Tender Volume Index 0.01 11658.43 11599.26
Market Percent Change *Today’s Value Last value
MQFWSCTP.USASupply Chain Tech Index -0.01 $3615.46 $3663.17
Market Percent Change *Today’s Value Last value
IOTI.USAInbound Ocean TEU Index -0.01 1553.19 1575.98
IOSI.USAInbound Ocean Shipment Index 0 2264.73 2272.57
FBXD.GLBL -0.01 1248.95 1256.04
FBXD.CNAW -0.01 1792.69 1802.09
Market Percent Change *Today’s Value Last value
IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate -0.35 0.2% 0.31%
IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate 0 0% 0%
Market Percent Change *Today’s Value Last value
DTS.USADiesel Truckstop Retail Aaverage 0 $4.6 $4.603
ULSDR.USAUltra-Low Sulphur Diesel Rack Price -0.02 $3.473 $3.537

Weekly NTI Update: September 26, 2022

FreightWaves Pricing Power Index

Playing the waiting game

Consumer demand during the holiday season is expected to be relatively soft, which should temper expectations for a red-hot peak season in truckload markets.

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FreightWaves Pricing Power Index

Reading the tea leaves

FreightWaves Pricing Power Index

Markets clock out on Labor Day

FreightWaves Pricing Power Index

Back despite popular demand

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.

State of Freight Insights

Daily Infographic

The Cost Of Diesel

Russia's Invasion Of Ukraine

Company Earnings

Bankruptcies and Layoffs

Legal issues

Former drivers for Ameritrans Express owed millions of dollars in unpaid wages

Lisa Celli was excited to start her first day on Jan. 5 as a contractor delivering mail for the U.S. Postal Service in the small unincorporated town in California where she and her husband live. However, less than 24 hours after finishing her first route for Ameritrans Express, she received an alarming email stating the contract delivery company was taking “drastic action.”

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A white jumbo jet with blue "Western Global" lettering takes off.

Chart of the Week

Chart of the Week

The truckload capacity bubble is bursting

FreightWaves latest SONAR data addition suggests a wave of truckload capacity exits is coming this winter.

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Startups

Net-Zero Carbon Summit

Einride threads the needle of truck electrification, scheduled charging

Swedish startup Einride reduces the carbon footprint of its trucking customers by matching electric trucks with available chargers.

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Row of Nikola Tre BEVs at Tom's Truck Center (May 2023)

Technology

Net-Zero Carbon Summit

Prologis looks to lead on commercial EV charging infrastructure

“One of the key requests that we hear from our customers is an ability to reduce charging times, and that requires both improvement of vehicle technology as well as charging technology,” Prologis’ Henrik Holland said at FreightWaves’ Net-Zero Carbon Summit.

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