Top Stories
Could Russia sanctions work in practice even if they fail on paper?
Even if no oil moves under price caps, Russian exports could face deep discounts and continue to flow via “shadow tankers.”
SONAR High-Frequency Supply Chain Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| NTI.USANational Truckload Index | 0 | $2.59 | $2.59 |
| NTIL.USANTI (Linehaul Only) | 0.01 | $1.78 | $1.77 |
| NTIDL.USANTI (Linehaul Daily) | 0.04 | $1.86 | $1.78 |
| OTRI.USAOutbound Tender Rejection Index | -0.01 | 4.17 | 4.21 |
| OTVI.USAOutbound Tender Volume Index | -0.01 | 8058.87 | 8136.44 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | -0.02 | $3103.4 | $3164.99 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0.07 | 1.1% | 1.03% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0.11 | 0.4% | 0.36% |
Weekly NTI Update: September 26, 2022
FreightWaves SONAR breaks down borders with rate benchmarking into Canada
FreightWaves has announced that SONAR customers can now see Canadian data within the Supply Chain Intelligence (SCI) platform.
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
Hyundai’s Xcient positioned for instant US fuel cell truck leadership
When the 35 fuel cell trucks Hyundai is importing to California arrive in 2023, the South Korean automaker instantly assumes U.S. leadership.
Latest Clips
Latest Videos
Lockdown In China
American Shipper
New de-icing facility speeds up FedEx cargo flights at Memphis hub
FedEx cargo jets will waste less time de-icing during the winter at the Memphis, Tennessee, airport thanks to a new consolidated treatment facility.
Modern Shipper
Inxeption bolsters B2B marketplace with Final Mile Solar partnership
Cupertino, California-based Inxeption looks to overhaul B2B commerce through a new end-to-end partnership.
Bankruptcies and Layoffs
Former employee sues United Furniture Industries over mass firing
A former United Furniture Industries employee claims the furniture manufacturer, headquartered in Tupelo, Mississippi, violated federal law by failing to give 60 days’ notice of its abrupt shutdown to nearly 2,700 employees and truck drivers, who found themselves without jobs two days before Thanksgiving.
AskWaves
How LTL carrier rules tariffs work and will evolve
AskWaves looks at how carriers are better communicating rules tariffs to customers.
Chart of the Week
Freight demand has not found the floor
Transportation demand continues to erode heading into the slowest months of the year. Could this be the bottom?
Startups
Fuel cell truck maker Hyzon Motors increases risk of Nasdaq delisting
Hydrogen fuel cell truck maker Hyzon Motors faces Nasdaq deadlines after missing a financial filing for the second consecutive quarter.
Technology
Cummins closes $197M acquisition of Siemens Commercial Vehicles unit
Cummins Inc. closed the $197 million purchase of Siemens’ Commercial Vehicles business, a deal originally struck by Meritor.
Net-Zero Carbon
Viewpoint: Sustainability is just good business
Join like-minded business owners to network, find best practices and quickly implement solutions.
