Top Stories
Teamsters reject Yellow’s proposed changes again
The Teamsters union said Thursday it has rejected less-than-truckload carrier Yellow Corp.’s plan to restructure operations at more than 200 terminals.
SONAR High-Frequency Supply Chain Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0.01 | $3345.65 | $3328.84 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0 | 0.09% | 0% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 0% | 0% |
Weekly NTI Update: September 26, 2022
SONAR Analyst Reports
Trucking demand visibility is far more important than supply
Many people get hung up on trying to figure out how much capacity is readily available in trucking when they should be more focused on monitoring demand trends.
Volume returning to trucking market, but carriers aren’t feeling it (yet)
There are encouraging signs that demand is returning to the U.S. trucking market, based on high-frequency truckload volume data from FreightWaves SONAR.
High-frequency truckload data suggests the freight market is stabilizing
Early freight data and channel checks would suggest the freight market could be stabilizing and clearer skies are ahead.
Editor's Picks
Knight-Swift to remain on M&A prowl, still looking at LTL targets
Knight-Swift Transportation said it’s not backing away from M&A opportunities following its $808 million purchase of truckload carrier U.S. Xpress.
Latest Clips
Latest Videos
American Shipper
Lufthansa moves cargo chief von Boxberg to run Brussels Airlines
After two years at the helm of Lufthansa Cargo, Dorothea von Boxberg has been tapped to head Brussels Airlines.
Modern Shipper
Locus Robotics unveils solution for seamless integration of AMR models
Warehouse robotics firm Locus Robotics announced a major automation solution for AMR fleets, LocusOne.
Bankruptcies and Layoffs
Logistics giant Ceva to cut 142 jobs in Tennessee
Ceva Logistics is purging 142 jobs at two of its facilities in Mt. Juliet, Tennessee, effective April 22.
AskWaves
The DFW difference in logistics real estate
Abundant land, population growth and access to reasonably priced labor are just several factors that make the Dallas/Fort Worth market different from the rest, says David Eseke of Cushman & Wakefield.
Chart of the Week
Truckload market has 25% too much capacity
Perhaps the biggest question of 2023 for domestic trucking is when will the surplus of capacity fade to a point that prices stop falling. One data point provides deeper insight than simply a count of drivers or tractors.
Startups
Gatik will autonomously deliver groceries for Kroger in Dallas
Gatik will move grocery loads autonomously from Kroger’s Dallas distribution center to its area grocery stores, starting with safety drivers.
Technology
Ousted TuSimple co-founder says frustrated employees came to him
TuSimple co-founder Xiaodi Hou says his ouster was retaliation for failing to support a pay package for the rehired CEO whom he replaced.
Net-Zero Carbon
Ford earns Postal Service’s latest EV contract
The U.S. Postal Service has enlisted Ford as part of a push to add more than 66,000 electric delivery vehicles to its fleet by 2028.
