Sluggish November start, but shippers haven’t taken back pricing power
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels. Tightness in Southern California will put upward pressure on rates.
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels. Tightness in Southern California will put upward pressure on rates.
Among Wednesday’s notes: Capacity tightens in Memphis and eases in Elizabeth, shipper relief in Grand Rapids, and more.
Among Tuesday’s notes: Record daily volumes for Port of NY/NJ, Memphis outbound rejection rates fall, a new SONAR release and more.
Among Monday’s notes: Savannah shatters maritime import volumes record, KC rejection rates jump and more.
Tender indices are the most relevant benchmarks of market demand and capacity. Now through Bloomberg Enterprise Access Point, FreightWaves is enabling industrial and financial market participants to access these critical data sets..
The cost of diesel fuel, a main component in the cost of trucking, is climbing rapidly. This is a hidden factor that is helping keep spot rates elevated.
Among Friday’s notes: Prioritize Savannah to Atlanta lane, Headhaul Index explained, two key indices to check, and more.
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels. Tightness in Southern California will put upward pressure on rates.
Among Thursday’s notes: Declining rejection rates in Atlanta, Headhaul Index up in Ontario, Carrier and Shipper Updates and more.
Among Wednesday’s notes: Chicago a solid destination for carriers, SLC to LA hits all-time high and more.
Tender volumes rebound as tender rejection rates jump back over 20%. Meanwhile, spot rates break the three-week downward decline.
Among Tuesday’s notes: Chicago demand hits highest level of the year, spot rates in central California are highly inflationary and more.
Anthony Smith and Zach Strickland get into a discussion about the congestion-fighting measures being taken at the ports of LA and Long Beach.
Among Monday’s notes: Capacity likely to tighten in Allentown, Greenville conditions easing, cities with reefer freight opportunities and more.
Contract rates for trucking have been rising since late last year and finally appear to be effecting compliance, but at what cost?
Load volumes are stable with volume growth inbound. Spot rates follow rejection rates on a downward slide.
Among Friday’s notes: Milwaukee rejection rates fall off a cliff, latest from Freightos Baltic Index and more.
Among Thursday’s notes: Tight market from KC to Indy, Milwaukee getting loose, carrier update and more.
Among Wednesday’s notes: Inbound demand surges in San Antonio, advice for Columbus shippers and more.
Load volumes are stable with volume growth inbound. Spot rates follow rejection rates on a downward slide.