Intermodal spot rates have declined more than 16% in the past week for Chicago to Dallas, but truckload spot rates for Denver to LA have increased 60 cents a mile.
Spot rates from Kansas City, Missouri, to Dallas have dropped 17 cents, and all eyes are on China’s exports.
Chicago intermodal rejections hit 1.6%, and outbound tender volumes from Atlanta are rising
The Headhaul Index increases 31% week-over-week, while maritime spot rates may decrease up to 75% due to COVID and the Russia-Ukraine war.
Spot rates drop 13% from Columbus to Burlington, and while volumes in markets drop, costs to ship rise.
LA rejections have fallen below 5%, and dwell time rises at port of New York/New Jersey
Capacity loosens for van and intermodal from LA to Dallas, and outbound tender rejections in Atlanta have declined roughly 7.5% in the last month
Louisville’s outbound tender rejections has fallen to 17.5%, Columbia outbound tender volumes are up 5% w/w, more
Among Friday’s notes: Indy Headhaul Index up 26%, TRAC analysis on Savannah to Columbus, increase in domestic intermodal volumes and more.
Among Wednesday’s notes: Capacity tightens in Memphis and eases in Elizabeth, shipper relief in Grand Rapids, and more.
Among Thursday’s notes: Declining rejection rates in Atlanta, Headhaul Index up in Ontario, Carrier and Shipper Updates and more.
Among Tuesday’s notes: Chicago demand hits highest level of the year, spot rates in central California are highly inflationary and more.
Among Monday’s notes: Capacity likely to tighten in Allentown, Greenville conditions easing, cities with reefer freight opportunities and more.
Among Wednesday’s notes: Inbound demand surges in San Antonio, advice for Columbus shippers and more.
Among Thursday’s notes: Atlanta market deteriorates, mid-haul freight opportunities and more.
Among Wednesday’s notes: Market conditions softening in Dallas, volume index analysis in Chicago, shipper and carrier updates and more.
Among Tuesday’s notes: Surplus capacity in Phoenix, massive import volumes in Houston and more.
Among the highlights: Jacksonville outbound rejection rates falling dramatically, latest shipper and carrier updates and more
Friday’s roundup of SONAR reports includes a look at the rising cost of used trucks, the Atlanta to Chicago lane and more.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
