The spot market has been cooling over the past several months, but the players seem more uncertain than ever.
Is the economy still healthy? Are people still making things, shipping things, and buying things? According to the railroad car data, the answer is a definitive “Yes.”
FreightWaves adds truck driver employment level estimates.
The benchmark price of domestic crude oil has dropped by 25% since early October. Historically, that would be a great thing for truckers, but with carriers operating more efficient trucks and oil production tied into the freight economy more than ever, it could be a warning sign for the broader freight market.
With the Thanksgiving holiday approaching, drivers are spending less time on the road and more time at home. This is shrinking the availability of capacity in the market.
FreightWaves adds benchmark KPIs for asset based carriers and new weather mapping feature.
The Cass Truckload Linehaul Index reached another record high in October while the company’s Intermodal Price Index points to rising intermodal costs.
Ontario California has toppled the Atlanta market, the reigning capital of freight volume in the country. Surging volume is to blame. How long will the elevated volume last?
The freight market remains slow in most parts of the country except for one. Will it spill into other regions?
FreightWaves adds improves mapping and watchlist features while adding rail data.
Lead times increasing are a sign that shippers are taking capacity shortages seriously. Carriers and brokers that depend on spot market freight are left wanting.
SONAR’s OTVI.LAX is clearly indicating that the strength in the inbound loaded container flow out of the Long Beach/LA port is continuing and gathering momentum.
The freight market is showing the first signs of turning in over a month. Is this the start of retail season?
FreightWaves adds agricultural commodity and warehouse data to SONAR.
As we approach the holiday retail season, carriers and brokers have shifted their attention to the country’s major ports to capture upward volatility in trucking volumes.
East coast bound containers from China are getting a pre-holiday discount as shippers increase volume to North America in front of tariff increases.
The freight market continues to stabilize, but there should be a little fuel left in the tank for one more seasonal push before the holidays.
FreightWaves adds energy market related data to SONAR.
SONAR’s Headhaul Index map and the HAUL.JOT Index are both showing that the return to growth in inbound loaded container flow first seen in the Long Beach/LA port is continuing and gathering momentum.
Demand for flatbeds always drop off this time of year, but is this a sign of a broader industrial slowdown?
