Tender volumes and tender rejection rates moved higher this week with spot rates following suit. Thanksgiving could change the status quo.
The Port of Los Angeles posted record container volume in October on resilient consumer spending and a strong economy.
Previously known as FreightWaves SONAR, the supply chain data platform rebrands to “SONAR,” highlighting its core focus on the supply chain data platform.
Tender volumes and tender rejections declined over the week, but spot rates are still showing signs that peak season is going to be favorable.
Tender volumes declined over the week, but tender rejections and spot rates are showing signs that peak season is going to be favorable.
Tariffs, taxes, the FTC and food regulations are among the major issues.
FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton.
Tender volumes declined over the week, but tender rejections and spot rates found a little positive momentum over the past week.
Tender volumes and rejection rates moved lower over the past week, while spot rates increased slightly during the week.
Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.
Tender volumes and rejection rates moved higher over the past week, but spot rates were unaffected on a national level.
Nationwide tender rejections are already above 5%.
Fast, accurate freight market data is critical in periods of volatility.
Spot rates and tender rejection rates saw a slight increase to start Q4, but tender volumes fell as a result of the ILA strike.
Tender volumes, tender rejection rates and spot rate all drop in the final full week of the third quarter.
