Rejection rates in El Paso swung upward in response to an increase in outbound volume, and the Department of Energy clocks diesel prices below $5 per gallon for the first time since April.
Reefer volumes spike in Illinois, the port of Houston sees a record number of TEUs in August, and exports from China continue to slide worldwide.
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.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Outbound volume in Harrisburg, Pennsylvania, is booming, raising its market share to 3%. Flatbed market experiences a significant decrease in rejections.
Ontario, California, makes a full recovery of outbound volume, and the spread between rates to import to the East and West coasts increases.
Less than 6% of all truckload shipments in the U.S. are currently being rejected.
FreightWaves has partnered with MerQube to bring the first index to track the performance of the supply chain and logistics industry. National outbound volume levels out while rejection rates continue their decline.
SONAR data for Sept. 12 shows reefer volumes in Memphis are heating up, while the larger reefer market of Milwaukee is seeing a decrease.
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.
Containerized imports to Savannah were increasing before the holiday, and rejection rates out of Dallas fell 100 basis points since Monday.
Nashville, Tennessee’s, rejection rates have crashed to their lowest values since April 2020, putting downward pressure on spot rates, but in Kansas City, Missouri, rejections and rates are both rising.
The rate at which carriers are rejecting freight out of LA is pushing spot market rates upward, while the opposite is happening in Detroit.
At the start of September, outbound volumes in Indianapolis dropped 4.5% overnight. Meanwhile, in Greenville, South Carolina, they increased 14.5% overnight.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
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.
El mercado del transporte de mercancías es un péndulo – y cuando se balancea, pueden ser los compradores o vendedores de capacidad los que ahora tienen el poder en las negociaciones de tarifas. Desde el verano de 2020, las empresas de transporte por carretera han tenido en gran medida todo el poder en las negociaciones […]
Dwell times in the Port of Los Angeles dropped below four days, and outbound volumes are up in Savannah, Georgia, due to more imports being sent to the East Coast.
Outbound volumes in Allentown continue to rise at the start of the week, and Detroit levels are nearing a record since 2018.
Outbound volumes in Ontario are up after a 12.3% drop earlier this month but decline in the formerly greener pastures of South Carolina.
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.
Outbound volumes are their highest on record in Las Vegas, but Austin, Texas, sees an even larger increase.
Reefer volumes in Northern California start to fall, and Bowling Green, Kentucky, shows signs of a headhaul market.
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.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Outbound tender rejection rates in Memphis fell hard to the lowest value since April 2020, while outbound volumes in Philadelphia continue to rise.
Outbound volume from northern California has jumped in August, and rejection rates have soared in Baltimore from increased volumes and protests at the port.
Detroit sees at least a 20% decrease in both inbound and outbound volumes, and imports to the Northeast are slow to transition to the truckload market.
Philadelphia is a backhaul market that has switched to a headhaul market so far this year, and outbound volumes in Louisville, Kentucky, have reached their highest point since SONAR began tracking the market in 2018.
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.
A traditionally strong backhaul market, San Antonio experiences headhaul market activity for the first time, and the amount of imports diverted to Gulf ports is being felt in the truckload market.
Outbound volumes from Ontario, California, continue to dive, while smaller markets such as Greenville, South Carolina, show signs of increase.
Outbound volumes in Detroit explode as both inbound and outbound tenders heat up the market in Boston.
The Port of New York and New Jersey is seeing an increased amount of imports, but they are not hitting the truckload market.
Headhaul markets such as Chicago continue to see a decrease in outbound volume, while backhaul markets like New Orleans experience growth.
“Terra is the largest transportation solutions company … that you’ve probably never heard of,” said the founder and chief operating officer of Terra Worldwide.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Outbound reefer tender volumes for San Francisco have risen 54% in the past two months, while outbound volume for Phoenix has risen 20% in two weeks.
Backhaul markets are seeing more outbound volume, while traditional headhaul markets are beginning to see more inbound volume.
Markets in the Southeast, North and Midwest are experiencing an increase in outbound volume that some haven’t seen in almost a year.
Pittsburgh is experiencing a rise in both outbound and inbound tender volumes simultaneously.
Seattle, a traditional backhaul market, is now experiencing headhaul market activity.
Outbound volumes are rising in Joliet but rejections are decreasing, pointing to a higher acceptance rate of contract loads.
Indianapolis’ outbound volume caused the Headhaul Index to increase 36.1% week over week, and outbound loads within 100 miles of the San Francisco market are being rejected as a result of protests.
Los ingresos corrientes superan los 44 millones de dólares con un 82 en la regla del 40
Outbound tender volumes for Dallas begin to trend upward, and LA is beginning to see more lanes than usual under 250 miles.
Outbound volumes for Philadelphia have increased while inbound loads decrease, which is not typical for this traditionally backhaul market.
Outbound reefer volumes for Milwaukee trend upward during the summer months more than others.
Outbound tender city volume in the Detroit market has boomed over the summer with no signs of slowing in the second half of the year.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Pennsylvania markets see a drop in volumes but a rise in rejections. Booking volumes for imported maritime volumes are down 11%.
The Atlanta market is beginning to boom again after experiencing a significant dip during the recent holiday.
Import market share to LA and Long Beach remains high, but overall imports have decreased.
Volumes fall and rejections rise, signifying that capacity is still tight following the Fourth of July.
Refrigerated volume out of the San Francisco area has begun to pick up just in time for summer peak season.
Denver’s outbound tender rejections drop after the holiday to their lowest point in more than two years, while in Allentown, Pennsylvania, they remain strong at 9.8%.
Rejection rates out of Savannah, Georgia, jump to 12.8% while capacity also tightens in Harrisburg, Pennsylvania.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Outbound tender volumes for Charlotte, North Carolina, are falling 8.1% week-over-week as Atlanta’s rises 6.8%.
Outbound tender volumes for Harrisburg, Pennsylvania, are rising 7.1% week over week and rejections out of Chicago have climbed up to 6.5%.
The Port of New York and New Jersey has seen a rise of 49% in the last week while tender rejections out of Elizabeth remain stable at 6.5%.
Atlanta heats up with rejection rates of 10.9%, and large enterprise carriers are still making a profit from diesel prices.
Outbound tender volume for New Orleans spikes 21% in the last 90 days, and the outbound rejection index for Houston rises 115 basis points.
Outbound tender volumes for Columbus rise, and tender rejections out of Atlanta reach above the national average.
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Spot market rates from Atlanta to Columbus, Ohio, have increased 3.2% in the last month, and the railways struggle with labor issues.
Outbound tender volumes for Green Bay are increasing 4.8% week-over-week, and costs per forty-foot container from Germany rise more than $400 since March.
Outbound tender volumes for New Orleans are rising 12% week-over-week, and linehaul rates continue to drop despite the rise in fuel costs.
Denver’s outbound tender rejections rise to 10.9%, and Market Dashboard now has new features for better visibility.
Tender rejections out of Chicago drop to 6.3%, while El Paso sees a boom of 25% in outbound volume and 28.6% increase in rejections.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Eric Larsen and Zach Blanchard discuss tender rejection rates, which are the leading indicator in finding a profitable market to be in.
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.
FreightWaves SONAR data can be indispensable, particularly in this environment.
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.
Tender rejections out of LA hit the floor at 3.4%, while out of Jacksonville they are reaching 17%.
Rejection rates soar out of Atlanta, and manufacturing is expected to be on the rise.
Spot rates from Atlanta to Chicago are up 9%, while national intermodal contract rates continue to rise.
