Top Stories
Railroad
After hurricane, old railcars find new life as bridges in North Carolina
In North Carolina, old railcars are getting new life as temporary road bridges after damage wrought by Hurricane Helene.
Trade and Compliance
Lawmaker blames FedEx pressure, Trump bungling for de minimis U-turn
Air Cargo
Air cargo delivers for Valentine’s Day
Truckload Carriers
Cass TL linehaul index up y/y for first time in 2 years
American Shipper
India plans new container line, sees maritime path to global goals
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
Reindustrialization
Revisiting the McKinley tariff
American Shipper
Trump tariffs see retailers boosting US container imports
SONAR High Frequency Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| NTI.USANational Truckload Index | 0 | $2.35 | $2.35 |
| NTIL.USANTI (Linehaul Only) | -0.01 | $1.78 | $1.79 |
| NTIDL.USANTI (Linehaul Daily) | -0.01 | $1.69 | $1.71 |
| OTRI.USAOutbound Tender Rejection Index | 0.01 | 5.81 | 5.78 |
| OTVI.USAOutbound Tender Volume Index | -0.02 | 10443.85 | 10628.47 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0.01 | $4097.97 | $4066.67 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0.13 | 0.63% | 0.56% |
| 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
Winter spot rate slide a seasonal pattern
Rejection rate highs are getting higher, which means there is more potential for a significant softening that may feel like a full regression to some.
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
Chart of the Week
Truckload’s shrinking length of haul
Editor's Picks
News
Local service still a sticking point for Class I railroads
Union Pacific might be running the smoothest rail network.
Layoffs and Bankruptcies
Pennsylvania trucking company files Chapter 11 bankruptcy
The Stockout
Will ocean rates collapse?
American Shipper
Air Cargo
DHL drops SmartLynx Airlines as cargo partner in Europe
SmartLynx Airlines is in a difficult situation after DHL Express pulled its contract for airfreight service in Europe.
American Shipper
ILA sends longshore contract to rank and file for approval
Trade and Compliance
White House pauses de minimis ban on Chinese e-commerce
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
Layoffs hit more than 7,100 workers tied to freight industry in US, Canada
Supply chain-related firms in the U.S. have laid off 16,919 workers since the beginning of October.
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.
