Spot rates up nearly 25% since Feb. 1, carriers cruising
Leverage is firmly in carrier’s favor.
Leverage is firmly in carrier’s favor.
With no end in sight to the container crisis, Zach Strickland and Anthony Smith discuss how ocean shipping woes will continue to create ripple effects in the freight markets.
Though already present at a lane level in the Lane Signal application inside of the SONAR platform, FreightWaves has aggregated a national predictive rate value for van (FWS.USA) and reefer (FWSR.USA) modes and made them accessible to view historically and up to a year into the future. The national rates are averages of the over […]
The underlying fundamentals of the market are showing signs of moving slowly back toward a more stable scenario and spot rates may be unable to paint the full picture.
There are many variables converging that will keep upward pressure on spot rates and tender rejections for the coming weeks. Carriers will be able to squeeze extra cents per mile over the next couple of weeks. Assets will come back online sooner rather than later, but volumes are beginning to pick up both seasonally and due to a whipsaw effect from the storm.
The latest round of winter weather hit transportation hard. How does this compare to other events?
We believe the winter storms tip the scales in carriers’ favor ever so slightly. Freight markets were already imbalanced with seemingly insatiable demand overwhelming already strained carriers, and it’s only February.
Anthony Smith and Zach Strickland explore how quickly supply chains are shifting in response to current events.
The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides.
Spot rates move up for the first time in 5 weeks.
Companies are paying significantly more for transportation than they were a year ago with many contracts yet to be implemented.
Without much volatility in volumes and rejections over the past three weeks, freight markets have seemingly found their groove. The tune is akin to Berlin techno. To some, its pace is smooth and machine like. To others, its pure chaos.
Data is king but diving into data analysis can be difficult. Zach Strickland and Anthony Smith make it easy with a deep look at key data you need to understand the market.
SONAR is the leading freight forecasting platform. Two recently added SONAR indices are proving very useful to SONAR subscribers. Learn more.
Although many questions remain for trucking in 2021, flatbed appears to be poised for a much stronger year.
This week’s DHL Supply Chain Pricing Power Index: 70 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 65 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for […]
Anthony Smith and Zach Strickland break down the differences between free trade and protectionism and how it will shape the freight landscape in the future.
Freight volumes have exploded out of southern California over the past two years. Is this pattern sustainable?
We may be seeing signs of a traditional January lull, but at a much higher level than years past. On a rejection-adjusted basis, tender volumes are running up 23% yoy versus 20% last week. Tender rejections continue to decline modestly, but carriers are still rejecting more than 1-in-5 contracted tenders. Stimulus can only carry the freight markets so long. Fortunately, the industrial economy is revving up and retailers have significant restocking ahead.
Anthony Smith and Zach Strickland lay out what it will take to loosen the stranglehold on America’s ports.