Class I railroads are less concerned with capacity as volumes decline, and the range of spot rates from Kansas City to Chicago is narrowing.
Outbound tender volumes are up 5.9% out of Houston, and the effects of the lockdown in Shanghai remain uncertain.
Dry van spot rates are falling faster than intermodal spot rates from Elizabeth to Chicago, and outbound tender volumes out of Seattle are up 8% w/w.
Outbound volumes are up 10% w/w out of Winchester, Virginia, and spot rates have fallen 14% from Elizabeth, New Jersey, to Boston.
Truckload spot rates remain twice as high as intermodal rates, says J.B. Hunt, and a key indicator of U.S. import volumes has been declining steadily.
The range of truckload spot market rates grows as industry continues to change, while the range of intermodal rates narrows.
Imported TEU volumes are expected to drop significantly in the days ahead, and Allentown outbound rejections fall to less than 12%.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
As van demand continues to drop, intermodal volumes remain the same, and outbound rejections for Allentown drop 4%.
Rejections out of Nashville continue to rise, while spot rates from Green Bay to Atlanta plummet.
While dry van rates continue to drop, intermodal rates are up, and tender rejections in LA hit a record low.
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.
With record inventories building and bottlenecks easing is deflation next?
Lo único sorprendente de la desaceleración del mercado de transporte es la velocidad a la que se está produciendo. El “efecto látigo” de la cadena de suministro es previsible y esperado. El aumento de los inventarios y el descenso de los costes de flete y los desequilibrios de capacidad serán deflacionarios. El mercado de los […]
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.
