Hurricane Florence has practically shutdown any outbound trucking activity out of the North Carolina coastal market
The smartest minds on Wall Street use charting analytics to quickly identify and then track trends in multiple data sets. Why? Because it works. And now freight professionals are learning how to do the same.
FreightWaves CEO Craig Fuller, Chief Economist Ibrahiim Bayaan, and Senior Meteorologist Nick Austin discussed Hurricane Florence’s impact on freight, the general macroeconomic situation, and the upcoming IMO 2020 regulations on maritime fuel.
Charlotte and Atlanta see outsized inbound volumes as carriers move relief suppies into staging areas
Truckers are not singing the blues in Memphis (except on Beale Street): It’s currently the number one headhaul market in the U.S.
FreightWaves releases the Headhaul Index, a measurement of the discrepancy between inbound and outbound volumes.
K & L Freight has invested heavily in technology and data and grown 5x in the past two years. The next step is offering financial services to help their shipper customers hedge against spot market volatility.
Los Angeles volumes spiked just before Labor Day, but it doesn’t appear to be an artificial surge related to the holiday. In the next week we’ll start to see how the fall shipping season is shaping up.
For the trucking market, the third quarter has been stronger than the second, but no one would know it
It looks like the freight market is waking up from the long running summer doldrums, or is it just a byproduct of the pre-holiday shipper procrastination.
FreightWaves introduces new mapping features that make it easier to visualize data and heat maps across the freight market.
SONAR’s new index shows the cost difference for Asian exporters moving goods into East Coast or West Coast ports. When combined with trucking spot prices, the Panama spread helps explain recent shifts in trade flows.
Users that signup for a prepaid annual subscription to SONAR between now and the end of September 2018 will receive a LG 34” ultra wide curved monitor included.
Carriers and brokers have been talking about how slow August has been. Good news: According to our technical indicators, the market is about the turn back in their favor
Volume falls this week in the freight markets but rejections are flattening indicating there are still some spots where capacity is an issue.
Tender rejection rates for reefer trucks outbound from Houston have oscillated wildly all year. Even compared to other regional markets, shippers and carriers are having a difficult time matching capacity to volume.
The impact of Nordstrom’s anniversary sale on logistics costs, college football and freight, drone deliveries in Canada, and much more in Today’s Pickup.
Amazon has promised to name a location this year for the so-called HQ2 project, which it claims will ultimately employ 50,000 people. Using SONAR, from a freight perspective, we’re here to help.
