Top Stories
Truckload Freight
Truckload dry-van market continues to experience strong response to peak season
The SONAR National Truckload Index (NTI) has reached levels not seen in nearly two years, surging from $2.38 per mile to $2.52. The last time truckload spot rates were this high was on Jan. 23, 2023.
Layoffs and Bankruptcies
West Virginia trucking company files for bankruptcy
ILA East Coast Port Strike
Apparel importers call for labor talks to resume, say port automation ‘vital’
Layoffs and Bankruptcies
Proterra’s surviving businesses may shed bankruptcy stigma
Reindustrialization
Trump’s tariffs: A boost for domestic trucking demand
ILA East Coast Port Strike
Trump backs ILA in port labor standoff
SONAR High Frequency Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0 | $4254.82 | $4253.51 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | -0.08 | 2.42% | 2.64% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 0% | 0% |
Latest News
SONAR
SONAR releases Coverage Guide, an AI-powered freight market intelligence offering for brokers
In a significant advancement for the freight brokerage industry, SONAR, the leading provider of high-frequency freight market data, has unveiled the Coverage Guide, an AI-powered offering within its new Broker Tool Kit. This cutting-edge application aims to simplify the complex decision-making process for freight brokers, enhancing efficiency and profitability.
The Stockout
How much will freight rates rise next year?
The Stockout
Reefer market shows signs of tightening
State of Freight Webinar
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.
Election to strongly impact freight economy
Supply chains will see direct effects regardless of the outcome of the presidential race. But what specific impacts on the freight industry are likely under a Harris versus a Trump administration?
Chart of the Week
Chart of the Week
Rising rejection rates amid demand drop reveal truckload capacity exodus
There is nuance in this freight market flip. Why is this transitioning truckload market unlike any other?
Chart of the Week
Intermodal is containing the truckload market
Chart of the Week
Spot rates break out ahead of holidays
Chart of the Week
Contract rates stabilize on shipper expectations
ILA Port Strike
ILA East Coast Port Strike
Trump opposes port automation due to ‘distress, hurt, and harm’ it causes workers
Editor's Picks
Railroad
US rail traffic shows weekly gain
U.S. rail traffic is back on track after November swings, with intermodal gains outpacing weaker carloads.
Trucking
November Cass data shows improvement
Less than Truckload (LTL)
Latest Yellow terminal sales to fetch $192.5M
American Shipper
Intermodal
Labor warns Alabama port authority seeks ‘back door’ to automation
A union contends that the federal government would be subsidizing job elimination if it approves a Buy America waiver for an Alabama intermodal project.
American Shipper
Freightos sees trans-Pacific container rates ease
American Shipper
Jaxport adding more global container services in 2025
American Shipper
US again defeats Houthi attacks on American cargo, military ships
Modern Shipper
E-commerce & Fulfillment
E-commerce logistics startup Cart.com acquires OceanX
Houston-based e-commerce provider Cart.com acquires fulfillment operations firm OceanX.
E-commerce & Fulfillment
Federal court upholds ban on TikTok in the US
Bankruptcies and Layoffs
Layoffs and Bankruptcies
Kal Freight co-founder says no layoffs expected in restructuring
Kal Freight, a Texas-based trucking company that filed for Chapter 11 bankruptcy last week, does not plan to lay off any drivers.
Layoffs and Bankruptcies
More layoffs hit freight-related companies across US
Layoffs and Bankruptcies
Over 2,400 layoffs hit supply chain-related firms across US
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
Trucking
Adapting to tomorrow: A vision for sustainable intermodal shipping from Werner
With deep roots in the truckload space and a strong commitment to innovation, Werner has positioned itself as an intermodal leader across the North American markets.
