The past seven days have driven freight markets back into chaos thanks to the crisis in the Suez Canal. On this episode of #WithSONAR, Luke Falasca and Kyle Taylor look at whether that chaos has peaked.
Zach Strickland reported on Midday Market Update that outbound tender rejections were creeping up on the historic levels seen during the 2020 holiday season, and Taylor and Falasca discuss whether that means the market is looking to hit another peak.
They also discuss President Joe Biden’s recently released infrastructure plan and how that will shape the future of the markets. Taylor and Falasca look over Q1 as a whole and predict what will happen with contract and spot rates going forward into the second quarter.
All the data presented on this episode can be found with FreightWaves SONAR and you can request a demo here.
You can find more #WithSONAR episodes and recaps of all our live podcasts here.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now