Tender volume takes a dive Tender volume, a measure of how often shippers request carriers to move loads, has trended down in recent days. (Chart: SONAR) Up until the past few days, for all the turmoil in trade policy and the financial markets, SONAR had not been showing much change in freight demand, as measured […]
During the COVID years, transportation providers were flooded with freight that needed to move yesterday. The current environment is flooded with freight that needs to move in a few weeks, maybe.
Tender rejections see a massive spike.
Consumer spending on goods drove the majority of the freight boom in 2020. Will this trend last in 2021?
Another massive weekly gain in outbound tender load volumes The freight markets continue to accelerate with outbound tender volumes climbing another 7.4% week over week. This has continued to keep truckload capacity tight and it is showing in spot market rates along with a power rating of 85 out of 100 for carriers in the […]
Producer price data shows that trucking rates made some gains in June, but much of this was likely driven by seasonality
The inbound container flows had a big impact to freight volumes in the port cities of Savannah and Los Angeles this past year.
