The Cass Shipment Index (CFIS.USA) is showing freight market volumes that are nearly as strong as the 2006 peak season. This is a bullish sign for the second half of 2018.
The end of the second quarter was explosive in terms of freight market activity. Rates expanded as carriers refused loads. July typically sees volumes fall a bit in relation to June. There is no reason to think it will be indicative of any long run contractions in rates.
Freight markets still hot to close Q2; COSCO/OOCL merger approved by US, China; Tesla hits Model 3 production goal; CSX revives plan for intermodal hub in North Carolina; EU threatens retaliation over auto tariffs.
This morning, new SONAR indexes went live, giving a detailed look into load transmission acceptance by equipment type and length of all, and adding employment data for various transportation modes.
This morning, new SONAR indexes went live, giving a detailed look into tender rejections by equipment type and length of all, and adding employment data for various transportation modes.
Why, when capacity is so tight, is Chicago of all places overheated?
The Chainalytics-Cowen Indices are indicating a slowing freight market in April, but how does that help us in mid-June?
Zach Strickland, the “Sultan of SONAR,” curates the weekly market update.
FreightWaves is now offering the services of their analysts as a value-add to their SaaS Sonar service.
Rhode Island begins tolling trucks today; SCOTUS rejects review request by JB Hunt on California case; Rolls-Royce engine problems spread; transportation companies fret over tariffs; Waymo to buy up to 62,000 Chrysler Pacificas.
Roadcheck 2018 is now in full swing. Here at FreightWaves, we thought we’d examine the freight market data in SONAR–our SaaS platform that launched in beta on May 22nd–and see how inspections week is affecting the industry.
North American Class 8 truck orders have soared to an all-time high, according to preliminary data from May.
The recent clarification of personal conveyance rules have left some questions in the market about the expected impact. We go back to the data to make our own assessement.
The L.A. market wakes up after a sleepy early spring. With container prices increasing on the spot market, China could be the main factor.
A magnesium fire in an automotive parts supplier caused F-150 production shutdowns in Dearborn, MI, and Kansas City, MO, earlier this month. The sudden drop-off in demand for freight in those two markets is reflected in our turndown indices.
Drivers are changing their behavior to maximize their hours on the road, according to FreightWaves’ proprietary SONAR platform
FreightWaves announced the launch of Sonar, its SaaS platform for freight market data. Michael Vincent, EVP of FreightWaves, demonstrated the product at Transparency18 in Atlanta.
Transparency18 has an action-packed schedule full of innovative technology demonstrations, keynotes from charismatic thought leaders, and panels of the top experts in finance, technology, and transportation.
TransRisk, our parent company, announced its rebrand as FreightWaves last night at our Chattanooga headquarters. Click through for video!
