Top Stories
Truckers’ positive drug tests up 18% in 2022
After three years in operation, FMCSA’s drug clearinghouse is ‘a great source of truth’ despite alarming trends, asserts a trucking regulatory expert.
SONAR High-Frequency Supply Chain Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| NTI.USANational Truckload Index | 0 | $2.54 | $2.55 |
| NTIL.USANTI (Linehaul Only) | -0.01 | $1.82 | $1.83 |
| NTIDL.USANTI (Linehaul Daily) | 0.02 | $1.82 | $1.78 |
| OTRI.USAOutbound Tender Rejection Index | -0.02 | 3.76 | 3.83 |
| OTVI.USAOutbound Tender Volume Index | 0.01 | 10501.49 | 10394.05 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0.02 | $3334.24 | $3271.99 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | -0.4 | 2.98% | 4.97% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | -1 | 0% | 0.25% |
Weekly NTI Update: September 26, 2022
SONAR Analyst Reports
For freight companies, this year’s peak will be weak
FreightWaves founder and CEO Craig Fuller provides insight into 2022’s peak season.
Truckload market loosens again as tender rejections touch new low
Contract rates still face downward pressure, especially for live/live loads.
Subseasonal trucking market still soft and loose
Less than 6% of all truckload shipments in the U.S. are currently being rejected.
Editor's Picks
Container shipping shake-up: Maersk, MSC terminating 2M in 2025
Shipping services around the globe will be reconfigured after the top two carriers end their vessel-sharing agreement.
Latest Clips
Latest Videos
Lockdown In China
American Shipper
American Airlines’ cargo revenue tops $1.2B despite market slide
American Airlines generated strong cargo sales in 2022 even as market conditions deteriorated.
Modern Shipper
FourKites enhances supply chain visibility with Data Connector
Companies in need of supply chain visibility can now leverage FourKites data through their existing internal platforms.
Bankruptcies and Layoffs
Logistics giant Ryder to lay off 800 workers in Texas
Ryder System Inc. is set to lay off 801 employees after losing work at an Applied Materials semiconductor plant in Austin, Texas.
AskWaves
How do trucking medical examiners stay certified?
AskWaves checks on the latest FMCSA certification requirements for medical examiners qualified in the trucking industry.
Chart of the Week
Relationship between imports and trucking is dynamic but telling
What conclusions can we draw from the relationship between imports and trucking?
Startups
Outrider raises $73M to scale autonomous distribution yard business
Colorado startup Outrider, which transforms distribution yards into automated operations, has raised $73 million in a Series C round.
Technology
Passport signs on parcel shipping veteran to lead business development
“It’s not a one-size-fits-all scenario. We can sit down with any merchant of any size, with any kind of commodity and really understand their needs and how both the technology and our carrier network can get that customer delivery experience they are looking for,” said Brad Noble, Passport’s new head of business development.
Net-Zero Carbon
Yes, it is easy to run an environmentally friendly truck fleet
As an energy industry logistics provider, Filamar Energy’s goal is to continue to set new carbon neutral CleanMile® benchmarks that reduce lifecycle emissions and CO2 levels while bringing positive impactful change to the planet without sacrificing efficiency.
