SONAR

Freight Futures data to watch today:Spot Futures Daily Prices It was a mixed day on Tuesday in the Trucking Freight Futures markets with uncertainty looming as to where rates may head in the near-term. The spot National contract (FUT.VNU202004) fell a fraction and settled at $1.387 per mile,...

The nation's largest truckload (TL) carrier, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) reported first quarter 2020 earnings per share (EPS) of $0.44, well ahead of analysts' expectations of $0.35. The Phoenix-based carrier recorded $2.3 million, or $0.01 per share, in "incremental...

Good day, Tires remain the top maintenance cost for most fleets, as they have for many years. Most experts agree that the best way to reduce tire costs is to ensure they are properly inflated, that drivers are performing proper checks, and that tires are maintained and replaced as needed....

Severe thunderstorms and tornadoes will likely slam many southern states over the next two days, including areas that were hit by deadly storms the past two weekends. This may not surprise a lot of people; after all, spring is the prime-time severe weather season for this part of the country....

On today's Coronavirus Freight Market Update, Michael Vincent and Kevin Hill will be talking about the economic impact that COVID-19 is having on freight and the transportation industry. They'll cover the latest news and freight flows backed by data driven insights powered by SONAR. On this...

Container lines provide a window into the future of U.S. landside cargo flows, not in the sense of reading tea leaves or palms, but in the sense of inevitability, like death and taxes. Container-line schedules foretell that U.S. seaborne imports will fall sharply. That, in turn, will translate...

Freight Futures data to watch today:National and Regional Averages Following Monday's U.S. oil market meltdown, Trucking Freight Futures continued to move lower. The spot National contract (FUT.VNU202004, FUTC1.VNU) fell 0.43% and settled at $1.388 per mile. The three Regional averages were also...

Iowa-based truckload (TL) carrier Heartland Express, Inc. (NASDAQ: HTLD) generated better than expected results during the first quarter of 2020. The carrier's $0.16 earnings per share was $0.03 ahead of the consensus estimate.   "Our operating results for the three months ended March 31, 2020...

The number of employees working for the U.S. operations of the Class I railroads dropped 11.9% in March to 127,867 employees, according to data from the Surface Transportation Board (STB). The percentage change compares March 2020 with March 2019. All employee categories experienced year-over-...

On today's episode, Dooner and The Dude are talking about the challenges truckers face when contracting COVID-19 on the road, Covenant cutting staff after closing SRT terminal, and C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) slashing executive pay.  Joining them will be Michelle Halkerston, Owner...

Freight Futures data to watch today:Week over Week Price Changes After getting off to a strong start, nine of the 11 Trucking Freight Futures markets closed lower on the week. The spot National contract (FUT.VNU202004) finished the week 0.4% lower at $1.394 per mile as the East regional contract (...

Good day, The global COVID-19 pandemic has put a spotlight on supply chains, and in particular, the lack of overall transparency. Two Swedish companies – HiveTracker and ZOXtracker – have formed Hive-Zox International, an Internet of Things (IoT) joint venture designed to improve the transparency...

After being left out of a recent multibillion-dollar federal aid package for the domestic airlines, airfreight forwarders are now asking the U.S. government for aid to be set aside for their industry in the next economic stimulus legislation. Specifically, the Airforwarders Association is...

Freight Futures data to watch today:End of Day Price Changes It was a mixed Wednesday in the Trucking Freight Futures markets. The spot National contract (FUT.VNU202004) fell fractionally to $1.403 per mile as uncertain macroeconomic factors continue to weigh on rates. The East regional contract (...

This week's DHL Supply Chain Pricing Power Index: 25 (Shippers) Last week's DHL Supply Chain Pricing Power Index: 45 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 50 (Balanced) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...