SONAR Sightings for August 1: Produce season keeps San Francisco’s outbound reefer tenders elevated
Outbound reefer tender volumes for San Francisco have risen 54% in the past two months, while outbound volume for Phoenix has risen 20% in two weeks.
Outbound reefer tender volumes for San Francisco have risen 54% in the past two months, while outbound volume for Phoenix has risen 20% in two weeks.
Backhaul markets are seeing more outbound volume, while traditional headhaul markets are beginning to see more inbound volume.
Markets in the Southeast, North and Midwest are experiencing an increase in outbound volume that some haven’t seen in almost a year.
Pittsburgh is experiencing a rise in both outbound and inbound tender volumes simultaneously.
Seattle, a traditional backhaul market, is now experiencing headhaul market activity.
Outbound volumes are rising in Joliet but rejections are decreasing, pointing to a higher acceptance rate of contract loads.
Indianapolis’ outbound volume caused the Headhaul Index to increase 36.1% week over week, and outbound loads within 100 miles of the San Francisco market are being rejected as a result of protests.
Outbound tender volumes for Dallas begin to trend upward, and LA is beginning to see more lanes than usual under 250 miles.
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Outbound volumes for Philadelphia have increased while inbound loads decrease, which is not typical for this traditionally backhaul market.
Outbound reefer volumes for Milwaukee trend upward during the summer months more than others.
Outbound tender city volume in the Detroit market has boomed over the summer with no signs of slowing in the second half of the year.
Pennsylvania markets see a drop in volumes but a rise in rejections. Booking volumes for imported maritime volumes are down 11%.
The Atlanta market is beginning to boom again after experiencing a significant dip during the recent holiday.
Import market share to LA and Long Beach remains high, but overall imports have decreased.
Volumes fall and rejections rise, signifying that capacity is still tight following the Fourth of July.
Refrigerated volume out of the San Francisco area has begun to pick up just in time for summer peak season.
Denver’s outbound tender rejections drop after the holiday to their lowest point in more than two years, while in Allentown, Pennsylvania, they remain strong at 9.8%.
Rejection rates out of Savannah, Georgia, jump to 12.8% while capacity also tightens in Harrisburg, Pennsylvania.
Outbound tender volumes for Charlotte, North Carolina, are falling 8.1% week-over-week as Atlanta’s rises 6.8%.