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All Signs Point To A Prolonged Trucking Rally
Monday, September 21, 2020 - 9:22am | 2558Read More...Bullish commentary from the trucking industry and positive intraquarter updates from carriers have confirmed what the data has been showing for several weeks now: Third-quarter earnings for trucking companies will be strong and that strength may continue for a while. While second-quarter results...
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Weekly US Rail Traffic Falls On Holiday Comps
Thursday, September 17, 2020 - 2:33pm | 991Read More...Weekly U.S. rail traffic slipped nearly 10% in a week that was shorter than usual because of Labor Day. U.S. rail volumes for the week ending Saturday totaled 474,785 carloads and intermodal units, a 9.9% drop compared with the same period in 2019, according to the Association of American...
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Spot Rates Above $3/mile In 46 Of 100 Lanes
Friday, September 11, 2020 - 10:26am | 1994Read More...This week's DHL Supply Chain Pricing Power Index: 85 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 85 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to...
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Investor Conference Highlights Bullish Truckload Market; Intermodal Demand Returns
Thursday, September 10, 2020 - 9:55am | 1743Read More...Tight capacity and rising demand have carriers encouraged about the future. This dynamic was echoed by several transportation providers appearing virtually at Cowen's 13th annual Global Transportation & Sustainable Mobility Conference on Wednesday. Carriers struggle to keep up with rising...
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Container Rate Records Are Shattered As US Imports Surge
Wednesday, September 9, 2020 - 4:34pm | 1568Read More...Just how high can Asia-U.S. West Coast spot rates go? They blew past $3,000 per forty-foot equivalent unit (FEU) in early August and have been climbing ever since. They've just topped $3,700. Can they reach $4,000? No one predicted that the container industry would be doing this well, this quickly...
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Transportation Capacity Near 2-year Low; Pricing Surges
Wednesday, September 2, 2020 - 10:27am | 1006Read More...Supply chain data shows transportation capacity has declined to a 22-month low with utilization and prices reaching 19-month highs. Those were a couple of the highlights from a report summarizing July data from the Logistics Managers' Index (LMI), a survey of leading logistics executives. The...
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Intermodal Volumes Prop Up US Rail Traffic
Thursday, August 27, 2020 - 11:22am | 1369Read More...U.S. intermodal traffic on a weekly basis gained 5% in the week ending Aug. 22, which in turn helped lift overall rail volumes higher. U.S. freight railroads originated 285,086 intermodal containers and trailers last week, a 5% increase from the same period in 2019, according to the Association of...
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The Second Freight Frenzy Of 2020 Is Upon Us
Friday, August 21, 2020 - 10:57am | 1967Read More...This week's DHL Supply Chain Pricing Power Index: 85 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 80 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...
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US Intermodal Traffic Higher For Second Consecutive Week
Thursday, August 20, 2020 - 4:12pm | 1031Read More...Weekly U.S. intermodal volumes rose year-over-year for the second week in a row, according to the Association of American Railroads. The increase comes as the ports of Long Beach and Oakland in California reported that imports were up year-over-year in July. U.S. freight railroads originated 278,...
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US Weekly Intermodal Traffic Goes Positive For First Time In Months
Thursday, August 13, 2020 - 11:42am | 1096Read More...U.S. weekly intermodal volumes were nearly 2% higher last week, ending a months-long slump where traffic was lower compared with year-ago levels. The U.S. operations of the freight railroads originated 277,054 intermodal containers and trailers for the week ending August 8, according to the...
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Carrier Pricing Power Now At An All-Time High
Friday, July 31, 2020 - 11:50am | 2049Read More...This week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 75 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...
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Rail Stakeholders Consider Pressing For Tax Subsidies To Scrap Railcars
Friday, July 31, 2020 - 10:30am | 929Read More...Industry stakeholders are considering options to relieve the railcar supply glut amid the continued downward trend in U.S. carload volumes. Those options include discussions on whether to push for federal tax incentives that would allow companies to receive tax subsidies for scrapping older and...
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Heat Wave Building In Southwest Freight Markets
Tuesday, July 28, 2020 - 9:55am | 483Read More...A heatwave is likely to spread across the Southwestern United States later this week, possibly putting extra stress on drivers, their trucks, and temperature-sensitive freight. SONAR Critical Events: Tuesday, July 28, 2020, 8 a.m. EDT; Excessive heat warnings Even by midsummer standards, the...
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Weekly U.S. Intermodal Volumes Narrow Gap
Thursday, July 23, 2020 - 4:30pm | 1091Read More...The gap between this year's U.S. intermodal volumes and last year's on a weekly basis is narrowing, with last week's volumes only 1.7% lower than the same period in 2019. U.S. intermodal units for the week ending July 18 totaled 266,912 containers and trailers, which is 1.7% lower than the same...
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FreightWaves SONAR 7.0 Enhancements Announced
Tuesday, July 21, 2020 - 1:25pm | 1098Read More...The FreightWaves SONAR 7.0 release features several key enhancements; each makes the data and analytics platform even more useful to subscribers. FreightWaves founder and CEO Craig Fuller announces SONAR 7.0. Lane Scorecard The first is the Lane Scorecard app. "What makes Lane Scorecard unique...
















