SONAR Sightings for Sept. 9: Phoenix, Denver outbound volumes recover quickly
Phoenix and Denver are both seeing an uptick in outbound volumes days after the holiday drop, and capacity in Elizabeth, New Jersey, handles the increased port volume.
Phoenix and Denver are both seeing an uptick in outbound volumes days after the holiday drop, and capacity in Elizabeth, New Jersey, handles the increased port volume.
At the start of September, outbound volumes in Indianapolis dropped 4.5% overnight. Meanwhile, in Greenville, South Carolina, they increased 14.5% overnight.
Salt Lake City is seeing increased outbound volume to start September, while Denver continues to experience a decline.
Outbound volumes from New Orleans are rising sharply at the end of the month while they plunge in San Antonio.
Imported twenty-foot equivalent units cleared through customs to the Port of New York and New Jersey fell last week, and truckload volumes in St. Louis are climbing this week.
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.
The freight market in Lexington, Kentucky, continues to heat up, as Jacksonville, Florida, cools down.
Outbound volume from northern California has jumped in August, and rejection rates have soared in Baltimore from increased volumes and protests at the port.
The Port of New York and New Jersey is seeing an increased amount of imports, but they are not hitting the truckload market.
Pittsburgh is experiencing a rise in both outbound and inbound tender volumes simultaneously.
Outbound tender volumes for Charlotte, North Carolina, are falling 8.1% week-over-week as Atlanta’s rises 6.8%.
Truckers will hit a late-week snowstorm heading to key Northeast freight markets (video forecast included).
Tender indices are the most relevant benchmarks of market demand and capacity. Now through Bloomberg Enterprise Access Point, FreightWaves is enabling industrial and financial market participants to access these critical data sets..
Torrential rain will continue to drench the South this week, potentially slowing down freight flows through one of the nation’s busiest markets.
Truckers will have to try to stay cool as more record-breaking triple-digit heat chokes parts of the West (forecast video included).
Truckers will have to try to keep cool as a prolonged heat wave sizzles all week across many Western freight markets (forecast video included).
After flash flooding and record rainfall in parts of the South earlier this week, truckers face the same threat Friday (with forecast video).
After flooding and historic rainfall in parts of the South earlier this week, more is possible Thursday (with forecast video).
Strong winds Friday will impact truckers heading to key freight markets in the Northeast (with forecast video).
The relationship between personal consumption and trucking demand has strengthened even further as companies struggle to maintain inventory. This suggests a very active spring and summer for transportation providers.