SONAR

FreightWaves adds aggregated predictive scientific rate tickers to SONAR

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 […]

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FreightWaves Staff Friday, February 26, 2021

Storm’s whipsaw effect tilts power in carriers’ favor — how long can it last?

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.

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FreightWaves Staff Friday, January 29, 2021

Freight markets bounce back after sleepy mid-January

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 […]

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FreightWaves Staff Friday, January 22, 2021

Freight markets need another source of demand

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.

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