Volumes fall and rejections rise, signifying that capacity is still tight following the Fourth of July.
Volume levels are depressed this week by Monday’s holiday. The national average rate of tender rejections sunk below 7% late in the week, but linehaul spot rates…
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.
Capacity normally tightens in the week leading up to the Fourth of July. The lack of upward movement from spot and rejection rates this past week suggests the market is either propped up by the holiday or seasonal patterns have not returned.
Volume levels have made a final push before the second quarter ends. The national rejection rate has recovered from its earlier dip below 8%…
Outbound tender volumes for Charlotte, North Carolina, are falling 8.1% week-over-week as Atlanta’s rises 6.8%.
Outbound tender volumes for Harrisburg, Pennsylvania, are rising 7.1% week over week and rejections out of Chicago have climbed up to 6.5%.
The Port of New York and New Jersey has seen a rise of 49% in the last week while tender rejections out of Elizabeth remain stable at 6.5%.
Atlanta heats up with rejection rates of 10.9%, and large enterprise carriers are still making a profit from diesel prices.
Outbound tender volume for New Orleans spikes 21% in the last 90 days, and the outbound rejection index for Houston rises 115 basis points.
Contract rates have grown at their fastest pace in history over the pandemic era. The contract to spot rate spread fluctuation is an argument for smarter and more efficient growth strategies for carriers.
Outbound tender volumes for Columbus rise, and tender rejections out of Atlanta reach above the national average.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 8%…
Spot market rates from Atlanta to Columbus, Ohio, have increased 3.2% in the last month, and the railways struggle with labor issues.
Outbound tender volumes for Green Bay are increasing 4.8% week-over-week, and costs per forty-foot container from Germany rise more than $400 since March.
Outbound tender volumes for New Orleans are rising 12% week-over-week, and linehaul rates continue to drop despite the rise in fuel costs.
Import volumes have not realized the dip in shipping orders yet. What does this mean?
Denver’s outbound tender rejections rise to 10.9%, and Market Dashboard now has new features for better visibility.
