Inside SONAR

FreightWaves releases rate spread indexes in SONAR.

Spot rates from Houston to New Orleans are almost double the national average, and China’s zero-COVID initiative continues to affect trade.

Outbound tender rejections for Houston hit 8.3%, and retail sales show an increase of 0.9% in the month of April.

Tender rejection rates from Denver to Los Angeles have increased to 4.2%, and spot rates from Little Rock, Arkansas, to New Orleans have peaked at $3.55 this month.

FreightWaves SONAR is the industry’s leading and fastest freight forecasting platform. SONAR provides the clearest insight into freight pricing, and subscribers can reliably forecast supply chain demand and capacity by using spot rate and tender data for predictive rates. FreightWaves’ CFO/COO Spencer Piland noted, “SONAR has been proven time and again to make an operational […]

Domestic intermodal volumes rose 6.8% year-over-year in the first quarter, and tender rejections out of Memphis, Tennessee, have dropped 3% in the past week.

Intermodal spot rates from LA to Atlanta have declined 9.2% in the past week, and dwell times for ocean containers out of Shanghai have reached surprisingly low levels.

Baltimore’s Headhaul Index has increased 12% week-over-week, and spot rates have risen 4% from Jacksonville, Florida, to Indianapolis.

Container Atlas debuted last week during FreightWaves’ Future of Supply Chain event. Here is what you need to know to use it.

Spot rates from Chicago to Harrisburg, Pennsylvania, continue trending downward but remain above the national average, and outbound tender rejections for New Orleans rise 6%.

Intermodal spot rates from LA to Dallas are down 6% in the past week, but dry van spot rates out of Dallas to Indianapolis have begun to increase.

Spot rates from Atlanta to Laredo, Texas, experienced a slight increase in recent days, and fuel prices continue to impact smaller trucking operators.

Class I railroads need domestic intermodal containers in LA to move volume, and spot rates from Detroit to Raleigh continue downward.

Spot rates begin to plateau from Las Vegas to Seattle, and intermodal spot rates appear to be holding up stronger than dry van rates.

Average spot rates increase 3% from Dallas to Columbus, and Chinese President Xi Jinping’s zero COVID policy continues to effect imports.

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Capacity loosens in the LA market while Dallas and Detroit markets both tighten.

Outbound tender rejections out of Nashville, Tennessee, are down 2% week-over-week, and the range of spot rates from Omaha, Nebraska, to Dallas increases.

Truckload spot rates from Kansas City, Missouri, to Milwaukee trend downward while intermodal spot rates from Chicago to Atlanta rise to protect capacity.

Class I railroads cut domestic intermodal rates by 82 cents from Atlanta to Dallas, and rejections in the Ontario, California, market hit below 3%.