SONAR

Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…

Tender rejections out of Chicago drop to 6.3%, while El Paso sees a boom of 25% in outbound volume and 28.6% increase in rejections.

Tender rejections out of Ontario are at their lowest point since 2020, and import volume from Japan has increased 90% in the last year.

Daily national average of spot rates drops, and tender rejections across the country tell the story of the current condition of the market.

FreightWaves SONAR data can be indispensable, particularly in this environment.

Truckload spot rates from Chicago to Dallas continue to drop, and overall volume shipped from China to the US drops 36% in the last year.

Inventory growth has forced companies to change their ordering strategy to a more flexible model.

Tender rejections out of LA hit the floor at 3.4%, while out of Jacksonville they are reaching 17%.

Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…

Rejection rates soar out of Atlanta, and manufacturing is expected to be on the rise.

Spot rates from Atlanta to Chicago are up 9%, while national intermodal contract rates continue to rise.

The contracted freight market is in great condition at the moment, but the short-term indicators raise questions about its sustainability.

Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…

Tender rejections out of Memphis, Tennessee, surge 251 basis points week-over-week, and reefer spot rates from Milwaukee to Indianapolis begin to drop.

Volatility from Memphis, Tennessee, to Atlanta gives carriers an edge to increase their rates, and outbound tender rejections from New Orleans are on the rise.

Rates from LA to Dallas experience a 26 cent drop below the national average, while Jacksonville to Atlanta sees a 32 cent increase.

Spot rates edged upward from Harrisburg, Pennsylvania, to Charlotte, North Carolina, as capacity declined due to the Memorial Day weekend, and a significant increase in rejection rates out of Jacksonville, Florida, is keeping upward momentum on spot rates.

Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…

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.