The State of Freight webinars for several consecutive months have dealt with a new issue each month: a suddenly rising market, regulatory changes or now in the case of the March session, a war in Iran. It has rocked the freight market if for no other reason than the cost of filling a truck has […]
It’s a strong market, but will it stick around? This month’s question for the State of Freight webinar.
Vooma users can instantly validate their pricing against SONAR’s spot rates and lane scores.
The January State of Freight webinar continued with the message that the market may have made a turn that will stick around.
Real-time spot rates, weekly contract rates, benchmarks and lane scores are integrated into Blue Yonder TMS.
The State of Freight webinar took place for the first time in a long time in the midst of a surging market.
OTR Solutions is taking a more direct approach to helping carriers understand and defend their pricing in a volatile freight market. The Atlanta-based logistics fintech provider announced a new partnership with FreightWaves SONAR that will embed real-time market rate intelligence directly into the OTR Solutions ecosystem, giving carriers clearer visibility into how their rates stack […]
SONAR goes much deeper in volume data with a new tender source.
The November State of Freight webinar took place against a continuation of a market that is showing only the slightest signs of a turnaround.
The State of Freight for October found some reasons to be bullish.
Enhancements include integrations, AI layers, new dashboards, better maps, and an iOS app.
Five takeaways from September’s State of Freight webinar.
Capacity, volume, and spot rate data at the driver’s fingertips.
The State of Freight for July looked at what a few key SONAR indices are saying about the market.
Building upon SONAR intermodal and dry van contract rate data already available in the platform, as of today, intermodal savings rates are now included in SONAR, as a national average, for 63 individual lanes, and two indices. The LA to Dallas lane is competitive between truckload and intermodal with a 9% average intermodal savings rate. […]
At the June State of Freight webinar, Fuller and Strickland see some data that may be an impact from the ELP rule.
Echo surveyed 5,000 carriers and shippers on the freight market On Tuesday, Echo and FreightWaves co-hosted a webinar that featured Sean Burke, Echo chief commercial officer, and Jay Gustafson, Echo executive vice president of brokerage operations. The presentation discussed the results of a survey conducted at the end of last year, with more than 5,000 […]
Ocean carriers are maintaining pricing power This chart of ocean spot rates has moved in a manner similar to stock market averages. (Chart: SONAR) By now, most of us have seen memes about a new and creative way to say “Buy the dip,” which is, of course, Trump Always Chickens Out, or TACO. In addition […]
‘Air pocket’ makes its way to port and intermodal volume SONAR Trade War Command Center In April, numerous U.S. ports set records for import volume. The SONAR Trade War Command Center application shows expected steep month-over-month declines in import volumes based on a 14-day moving average of bookings by date of departure. Most notably, volume […]
Integrating multimodal transportation data with inventory data is key.
It’s a whole new freight market from what it was just a month ago, according to the May State of Freight webinar.
Carriers in port cities brace for ‘air pocket’ The Los Angeles outbound tender rejection rate is only 2% compared to the national tender rejection rate of 5.4%. (Chart: SONAR) Import volume remained strong in April, as FreightWaves described, with imports up 1.2% from March and 9.1% year over year. Going forward, a major drop-off in […]
Ocean rejection rates spike as bookings fall (Chart: SONAR Container Atlas) Much of the focus the past several days has been on the drop in ocean bookings from China to the U.S., and with good reason. The SONAR Ocean Booking Volume Index from China to the U.S. is now down about 50% year over year, […]
Tender volume takes a dive Tender volume, a measure of how often shippers request carriers to move loads, has trended down in recent days. (Chart: SONAR) Up until the past few days, for all the turmoil in trade policy and the financial markets, SONAR had not been showing much change in freight demand, as measured […]
The State of Freight webinar focused on a market that is coming to terms with a raging trade war.
Imports may fall sharply in second half Port of Los Angeles Executive Director Gene Seroka said he expects at least a 10% year-over-year drop in container volume at the port in the second half. I found that to be especially noteworthy because his comments seemed to be a departure from his more bullish remarks in […]
Reflecting the tariff pull-forward, rail intermodal takes share from truckload.
In the March State of Freight webinar, Craig Fuller and Zach Strickland talked about a freight market on the verge of auto tariffs.
Fears of tariffs on lumber, other goods drive flatbed rejection rates to 3-year high.
Trade group says stores continue to import as much merchandise as possible.
Amid uncertain demand, capacity continues to exit.
Impact of levies seen in Canadian trucking, US imports, warehousing and intermodal.
Freight volume has been weak this month Tender volume, which counts how often shippers request that carriers pick up loads, has shown weakness this month. (Chart: SONAR) The Outbound Tender Volume Index (OTVI – above) is the SONAR chart that stands out the most to me this week. It measures the volume of requests from […]
The State of Freight webinar for February focused on the market uncertainty brought about by the first month of the presidency of Donald Trump.
In the first State of Freight webinar for the year, intermodal and politics were on the agenda.
Spot rates rise, but inflection yet to take hold.
As truckload capacity exits, weak volume keeps rates in check.
Labor strife, volatile freight rates and fraud all have disruptive potential.
New policy could accelerate nearshoring trend.
Tender rejection rates have surged to 8.36%, marking the highest point since June 2022 and a massive one-week surge of 190 basis points.
SONAR’s latest release introduces a game-changing feature: the National Insights Landing page. This powerful tool provides a comprehensive overview of the freight market, highlighting shifts in capacity, demand and fuel prices. The intuitive interface spotlights weekly top-moving markets, allowing users to quickly identify trends and opportunities.
Tender rejection rate rises as holidays approach The tender rejection rate has risen steadily since early October despite tender volume declining. That implies that capacity is leaving the market, which is leading to a tighter freight market. (Chart: SONAR) Both truckload spot rates and tender rejection rates are indicating that the freight market is tightening. […]
The SONAR National Truckload Index (NTI) has reached levels not seen in nearly two years, surging from $2.38 per mile to $2.52. The last time truckload spot rates were this high was on Jan. 23, 2023.
With 2024 drawing to a close, team leaders at SONAR discussed during a Thursday webinar the top enhancements made to the logistics data platform.
In a significant advancement for the freight brokerage industry, SONAR, the leading provider of high-frequency freight market data, has unveiled the Coverage Guide, an AI-powered offering within its new Broker Tool Kit. This cutting-edge application aims to simplify the complex decision-making process for freight brokers, enhancing efficiency and profitability.
FreightWaves CEO expects rates to increase 4%+ in 2025.
During the State of Freight webinar for December, Craig Fuller and Zach Strickland discuss how a market shift could impact carriers, brokers and shippers in 2025.
SONAR shows carriers turning down more than 20% of outbound Ontario loads.
SONAR data will power Transfix’s predictive rating models for freight brokers.
It’s that time of year – retail news abounds on FreightWaves and elsewhere I thought Target’s management team put it well last week as it now describes consumers as “resourceful,” meaning they are still shopping but are looking for value and waiting for deals, rather than “resilient,” the term it used previously. Along similar lines, […]
Data platform now provides LTL rates by class and intermodal contract rates by lane.
At an in-person State of Freight, FreightWaves CEO Craig Fuller and SONAR Director of Freight Market Intelligence Zach Strickland talked about why they think the freight market has turned.
Supply chains will see direct effects regardless of the outcome of the presidential race. But what specific impacts on the freight industry are likely under a Harris versus a Trump administration?
FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform. October’s session includes an overview of recent disruptive impacts to the supply chain from hurricanes and strikes, likely policy changes based on the outcome of the U.S. presidential contest, and intermodal’s role in the evolution of […]
Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR.
Tender rejection rates rise for reefer, but remain muted for dry van, suggesting supply and demand in the reefer segment is much more balanced.
Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.
Fast, accurate freight market data is critical in periods of volatility.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform. September’s session includes an overview of current freight market conditions and macroeconomic trends, along with a forward look at Q4. All insights are provided by FreightWaves’ Craig Fuller, Founder and CEO, and Zach Strickland, Head of […]
Here are five takeaways from FreightWaves’ State of Freight webinar for September.
Even a short work stoppage by the ILA would greatly disrupt freight networks. SONAR charts show evidence of shippers looking to avoid getting caught in a potential ILA strike which has impacts on maritime, rail intermodal and truckload data.
The partnership between FreightWaves SONAR and WeatherOptics will provide SONAR users with up-to-date information about environmental risks and weather impacts to their supply chains.
FreightWaves’ State of Freight webinar suggests we’ll see more trucking companies leave the market in 2024, creating more equilibrium between shippers and carriers.
The industry-leading SONAR data platform announces a number of new releases and enhancements live at the Future of Supply Chain.
The June State of Freight discussion took place live at the Future of Supply Chain event in Atlanta.
The State of Freight webinar for May sees a key benchmark turn higher; is this the bottom?
SONAR, the leader in freight market intelligence, today announces the availability of flatbed pricing data directly within the user interface of its Market Dashboard+ application.
In competitive lanes, loads shift from rail to road.
While supply chains remain uncertain, here’s how SONAR can help freight keep the status quo.
FreightWaves’ State of Freight webinar for March highlighted signals that the commercial transportation market is moving in a positive direction.
Takeaways from the State of Freight webinar this month kick off with an “abysmal” February.
While the world around us slowed down to enjoy the holidays, the SONAR team was hard at work building a foundation for the biggest year yet in product delivery.
FreightWaves Inc. is divesting its media arm to focus on its high-frequency data offering, SONAR. FreightWaves media is being acquired by its founder, Craig Fuller, and merged into FLYING Media Group (FMG). FMG will be renamed Firecrown.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
Shippers’ mood has been buoyed by positive economic prospects for the U.S., while brokers and carriers are encouraged by a possible market shift.
The January State of Freight webinar from FreightWaves looked at low temperatures and signs of a warming market.
The conflict in the Middle East may have late-year implications for the domestic transportation market.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
FreightWaves’ December State of Freight webinar looked at the disconnect between healthy volumes and low rejection rates.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
There’s no debate that the freight industry is hurting right now, but it’s not because volume is low. We have an oversupply of trucks.
As more and more companies partner with FreightWaves to revolutionize the way they look at their supply chains, new and unique applications arise that create growth opportunities. The SONAR team has listened to customer input and is launching a new mode and new ways to analyze and leverage data. Here are the new features announced […]
Shippers have rebounded in Q4 2023 to once again be the most positive segment. Carriers and brokers have lost some of the steam that led to relative optimism in Q3.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
FreightWaves CEO Fuller talks Convoy collapse and why things aren’t improving for carriers.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
In this month’s State of Freight webinar, FreightWaves CEO Craig Fuller reviews data that shows a stronger market than rates and rejections might suggest.
FreightWaves, the leading provider of freight market intelligence, and Decision Spot, a provider of strategic supply chain planning and design software, are pleased to announce a partnership to integrate FreightWaves SONAR TRAC Spot Rates into Decision Spot’s platform.
Dozens of household names are already using this new way to book trucking capacity in a way that reflects the larger market.
SONAR’s Container Atlas shows new booking volumes plummeting over 35% from their Aug. 1 peak, a key indicator that U.S. import demand is rapidly deteriorating. (Photo: Jim Allen/FreightWaves)
SONAR has added three new data sets to our vast array of market data.
The latest FreightWaves SONAR release gives users the ability to customize outputs based on rate per mile versus flat rates and to quickly retrieve 90-day moving averages for contract rates.
This month’s State of Freight webinar focused on robust volumes in July and rejection rates that aren’t budging.
Published on July 24 regarding the ongoing Yellow Corp. potential crisis, this report analyzes the current state of the freight market based on critical insights from our SONAR platform. All insights are provided by FreightWaves’ Craig Fuller, Founder and CEO, and Zach Strickland, Head of Freight Market Intelligence. The report’s key topics include:• Yellow Corp, […]
For the first time since freight sentiment index inception, shippers are the least positive group. Does that mean the market is balancing?
Ocean carriers are steadily losing pricing power on the trans-Pacific as China to U.S. demand peaks for the second half of 2023.
FreightWaves’ State of Freight for July focused on a potential Yellow shutdown and a looming strike at UPS.
In a market where capacity is abundant, it is difficult to identify underlying shifts in demand.
U.S. import demand is likely peaking and could soon begin a steady decline toward a “new” bottom in the back half of 2023.
