Trucking faces more exposure in 2H as container volumes drop: FreightWaves’ Fuller
A combination of rising fuel prices, lowering spot rates and falling imports makes for a freight market in transition.
A combination of rising fuel prices, lowering spot rates and falling imports makes for a freight market in transition.
Los altos precios del combustible y las tarifas spot más bajas, junto con el 17% de los volúmenes de carga de camiones relacionados con las importaciones, significa que el mercado está en transición
Tender rejections out of Memphis, Tennessee, surge 251 basis points week-over-week, and reefer spot rates from Milwaukee to Indianapolis begin to drop.
Volatility from Memphis, Tennessee, to Atlanta gives carriers an edge to increase their rates, and outbound tender rejections from New Orleans are on the rise.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Rates from LA to Dallas experience a 26 cent drop below the national average, while Jacksonville to Atlanta sees a 32 cent increase.
Spot rates edged upward from Harrisburg, Pennsylvania, to Charlotte, North Carolina, as capacity declined due to the Memorial Day weekend, and a significant increase in rejection rates out of Jacksonville, Florida, is keeping upward momentum on spot rates.
Intermodal spot rates from LA to Chicago experience a decline, and outbound tender volumes for Houston are up 2% week-over-week.
Spot rates from Houston to New Orleans are almost double the national average, and China’s zero-COVID initiative continues to affect trade.
Outbound tender rejections for Houston hit 8.3%, and retail sales show an increase of 0.9% in the month of April.
Tender rejection rates from Denver to Los Angeles have increased to 4.2%, and spot rates from Little Rock, Arkansas, to New Orleans have peaked at $3.55 this month.
Domestic intermodal volumes rose 6.8% year-over-year in the first quarter, and tender rejections out of Memphis, Tennessee, have dropped 3% in the past week.
Intermodal spot rates from LA to Atlanta have declined 9.2% in the past week, and dwell times for ocean containers out of Shanghai have reached surprisingly low levels.
Baltimore’s Headhaul Index has increased 12% week-over-week, and spot rates have risen 4% from Jacksonville, Florida, to Indianapolis.
Container Atlas debuted last week during FreightWaves’ Future of Supply Chain event. Here is what you need to know to use it.
Spot rates from Chicago to Harrisburg, Pennsylvania, continue trending downward but remain above the national average, and outbound tender rejections for New Orleans rise 6%.
Intermodal spot rates from LA to Dallas are down 6% in the past week, but dry van spot rates out of Dallas to Indianapolis have begun to increase.
Spot rates from Atlanta to Laredo, Texas, experienced a slight increase in recent days, and fuel prices continue to impact smaller trucking operators.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Class I railroads need domestic intermodal containers in LA to move volume, and spot rates from Detroit to Raleigh continue downward.
Las tarifas caen a un ritmo sin precedentes
FreightWaves founder and CEO Craig Fuller analyzes the continuing decrease in truckload rates for dry van loads.
Spot rates begin to plateau from Las Vegas to Seattle, and intermodal spot rates appear to be holding up stronger than dry van rates.
Container Atlas, the latest addition to SONAR, provides deep-dive data into the maritime sector.
El Índice Nacional de Camiones de FreightWaves es la forma más rápida y precisa de medir la actividad de los camiones en Estados Unidos
New index is fastest, most accurate way to measure US trucking activity
La cumbre sobre el futuro de la cadena de suministro de FreightWaves se celebra esta semana en el noroeste de Arkansas, el epicentro de las cadenas de suministro norteamericanas. Si no puede asistir, le invitamos a sintonizar nuestra transmisión en vivo gratuita que transmitirá todo el contenido desde el escenario principal. El evento comienza el […]
FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.
China’s zero-COVID policy is a prescription for more inflation and supply chain “illness.”
Capacity loosens in the LA market while Dallas and Detroit markets both tighten.
Outbound tender rejections out of Nashville, Tennessee, are down 2% week-over-week, and the range of spot rates from Omaha, Nebraska, to Dallas increases.
Truckload spot rates from Kansas City, Missouri, to Milwaukee trend downward while intermodal spot rates from Chicago to Atlanta rise to protect capacity.
Class I railroads cut domestic intermodal rates by 82 cents from Atlanta to Dallas, and rejections in the Ontario, California, market hit below 3%.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Atlanta’s outbound tender volumes begin to trend upward, and China’s unwillingness to ease its lockdowns continues to impact exports to the U.S.
Intermodal and truckload spot rates both continue to decline.
Truckload spot rates continue to decline while the tender volume out of Nashville, Tennessee, rises 7%.
CPG companies expect continued inflation on transportation costs this year. While there are plenty of signs on the horizon that suggest that a freight recession may be forthcoming, 2022 freight costs for most CPG companies are expected to be higher than they were in 2021. Procter & Gamble and Mondelez are among the major CPG […]
Spot rates are deteriorating rapidly from Columbus to Atlanta, and Union Pacific and CSX dismiss claims that precision scheduled railroading is the cause of poor service.
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.
Spot rates drop 13% from Columbus to Burlington, and while volumes in markets drop, costs to ship rise.
Intermodal spot rates increase more than 7% from Chicago to Elizabeth, and outbound tender rejections are down 13% nationwide
LA rejections have fallen below 5%, and dwell time rises at port of New York/New Jersey
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
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
Harrisburg, Pennsylvania, to Indianapolis spot rates are down 48 cents this month, and Greenville, South Carolina, outbound tender volumes are up 8%.
Spot rates from Nashville to Toledo have fallen significantly, and Allentown has an overwhelming amount of outbound loads in relation to inbound loads
Rejection rates have plummeted out of Elizabeth after a tumultuous winter, and in the Seattle to Chicago lane, an intermodal volume decline and surge in intermodal spot rates highlight a lack of available intermodal capacity.
Spot rates remain sticky above $2.65 per mile from Atlanta to Dallas, and capacity from Cleveland to Atlanta is likely to tighten in the coming days as the Headhaul Index surges 22% week-over-week.
Savannah to Allentown spot rates are likely to rise as the Headhaul Index has increased 10% w/w, Outbound tender lead times hit shocking heights in Elizabeth, New Jersey.
Spot rates are up 4% since the start of March in the Savannah to Atlanta lane, tightening capacity in Kansas City signals spot rates will start to increase
Spot rates have fallen 42 cents a mile this month in the Kansas City, Missouri, to Columbus, Ohio, lane; rejection rates in Nashville, Tennessee, are at their second-highest levels for the month.
Spot rates from Harrisburg to Indianapolis have stalled after a month-long drop, climbing rejection rates from Columbia to Jacksonville give a forewarning for spot rates.
Philadelphia’s OTVI has risen 3.5% since start of march, J.B. Hunt to expand intermodal fleet by 40%
Nashville to Elizabeth rejections are likely to increase further, In the Chicago to Atlanta lane, domestic intermodal volume hit its highest level in the past year, more
Dallas to Lakeland rejections fall but rates remain sticky; outbound tender rejections in Toledo increase; and more.
Spot and rejection rates fall rapidly in the well-supplied Charlotte to Atlanta lane, Intermodal volume rises in the Seattle to Chicago lane, prompting carriers to increase spot rates to protect capacity for contracted shippers, MORE
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Spot rates from Chicago to Minneapolis are down more than 30 cents; spot shippers may want to consider using rail for less time-sensitive loads; more.
Spot rates have fallen nearly $1 a mile since Jan. 1 from Ontario, California, to Columbus, Ohio, and capacity is tightening in Denver.
Savannah’s Headhaul index is up 14%, Ontario’s outbound tender rejection rate is at it slowest in over six months, more
Capacity loosens in Nashville, volume at the port in Savannah rises, more
112 empty domestic containers moved from out of Dallas to LA in the last week, Phoenix is among the lowest rejection rates in the country at 8.87%, more
FreightWaves SONAR API/Tai TMS customers have a new method to get FreightWaves TRAC and SONAR Capacity Lane Score data.
outbound rejection rate in Des Moines is among highest in U.S. at 43%, TRAC spot rate for Omaha to Denver has climbed to $5.66/mile, more
Louisville’s outbound tender rejections has fallen to 17.5%, Columbia outbound tender volumes are up 5% w/w, more
Chicago OTRI increased to 19.7% in the past month, import container volumes are up 6% y/y for U.S., more
Among Thursday’s notes: Chicago’s outbound rejection rates trending higher, spot rates from LA to Detroit lowest in six months, and more.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Among Wednesday’s notes: Rejection rates higher out of Columbus, dry van spot rates from LA to Atlanta fall 10%, and more.