SONAR Sightings: Volume in major markets nose-dives leading toward holidays
Markets across the board have been seeing drops in both inbound and outbound volume since the start of the month.
Markets across the board have been seeing drops in both inbound and outbound volume since the start of the month.
Outbound tender volumes are down in the last couple of days to their lowest levels since the start of the summer, and the record breaking levels in Detroit are over — for now.
At the start of September, outbound volumes in Indianapolis dropped 4.5% overnight. Meanwhile, in Greenville, South Carolina, they increased 14.5% overnight.
Outbound volumes in Ontario are up after a 12.3% drop earlier this month but decline in the formerly greener pastures of South Carolina.
Volumes out of Dallas fall while rejections rise; Indianapolis sees respectable increases in both.
The discrepancy between inbound and outbound volumes in Louisville, Kentucky, is the greatest it has been on record. Philadelphia continues to see an increase in the Headhaul Index.
Outbound tender volumes are driving down the Headhaul Index in Baltimore, while volumes in Detroit continue to soar.
The Headhaul Index in Denver dropped to its lowest score since June, and both inbound and outbound volumes in New Orleans remain undecided on which direction to take.
The freight market in Lexington, Kentucky, continues to heat up, as Jacksonville, Florida, cools down.
Jacksonville shows steady signs of its headhaul nature after backhaul activity earlier this year. Outbound volumes in Salt Lake City have decreased 11% in August.