SONAR Sightings for June 15: Ontario, California, to Dallas, Japan to US, more
Tender rejections out of Ontario are at their lowest point since 2020, and import volume from Japan has increased 90% in the last year.
Tender rejections out of Ontario are at their lowest point since 2020, and import volume from Japan has increased 90% in the last year.
Trucker Tools is utilizing FreightWaves’ SONAR to provide rate visibility to the carriers that need it most.
Daily national average of spot rates drops, and tender rejections across the country tell the story of the current condition of the market.
Truckload spot rates from Chicago to Dallas continue to drop, and overall volume shipped from China to the US drops 36% in the last year.
Convoy recorta 90 empleados mientras crece el temor al empeoramiento de la situación económica
Tender rejections out of LA hit the floor at 3.4%, while out of Jacksonville they are reaching 17%.
Digital freight startup Convoy confirmed Friday that it is cutting 7% of its workforce in an effort to slash operating costs amid concerns about a downturn in the economy and its potential impact on the company’s customers’ businesses.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…