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Enterprise shippers have always been an integral part of the maritime shipping industry and its partnership with truck fleet management. And likewise, maritime transportation has been a dominant player in global transportation for decades. Take a look at 8 shipping challenges in the maritime, or ocean, mode.
Well, the maritime market is in the middle of its own “August madness.” The maritime market madness has caused some retailers to wonder if Christmas is going to be canceled. The pressure in the maritime market has been caused by numerous factors including: Historically high U.S. Request a SONAR Demo.
All three major modes of transportation – maritime, intermodal and truckload – all have very different peak season timelines. The maritime sector has been operating at peak season-like levels for much of the past year. Traditional maritime peak season has passed, with goods needed for the holiday season already stateside.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Spot rates continue to rise as freight flows to the spot market – particularly on the West Coast. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Maritime data suggests that further shipment delays, elevated ocean rates and a strained domestic transportation network should be expected. Request a SONAR Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The end of the second quarter is typically a strong period for truckload freight and this year is no exception. Request a SONAR Demo. Request a SONAR SCI Demo.
What’s less encouraging for shippers is that intermodal contract rates increased in October, up about 14% year-over-year (y/y), which suggests that shippers that have not rebid their intermodal loads for a while will likely see a steep increase in rates. Maritime import volumes show signs of stabilization with TEU import volume at the L.A./Long
Maritime import volume remains robust and it appears that the ports of LA and Long Beach will announce a record December when the data is released. Request a SONAR Demo. Request a SONAR SCI Demo. SONAR intermodal contract rate data shows rates up 19% from this time last year.
3-6), maritime (p. The maritime industry has been in peak season mode since the middle of last year and import volumes have been consistently higher year-over-year. Request a SONAR Demo. Request a SONAR SCI Demo. In this report, we discuss our outlook for the fall peak season for rail intermodal (p.
Identifying trends in the maritime market is also important, because increased ocean freight impacts domestic transportation markets as freight arrives on shore. The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates. Request a SONAR Demo.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. US officials are in talks with other countries about setting up a maritime task force to secure this crucial waterway and reduce the growing threat to traffic there.
H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Drayage delays may lead to higher detention charges and additional fees Drayage is essential for transferring and delivering orders for maritime shipping , but again, drayage shipping does have one drawback.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. According to Vespucci Maritime, the port handled 1.1 million TEU in 2023, which would place it outside the top ten largest N.
The song was built using a demo track from John Lennon dating back to the 1970s and a guitar track from George Harrison from 1995. The song was supposed to come out back in 1995 as part of The Beatles Anthology, along with Free as a Bird and Real Love , two other tracks culled from 1970s Lennon demos. To keep commerce flowing, the U.S.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. US and UK strikes on Houthi positions continued last week as well, and the US Federal Maritime Commission is considering implementing maritime sanctions on Yemen as an additional measure.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. Live map of Suez Canal and Red Sea, Dec.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. Holiday noise is dramatically impacting the major truckload indicators.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The impact of Hurricane Ida on the maritime industry will be acutely felt by grain shippers. Request a SONAR Demo. Request a SONAR SCI Demo.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. Spot rates have rebounded in the majority of the country after a post-Labor Day hiccup, according to Truckstop.com.
ports of all incoming ocean freight or maritime shipments, and what the PIMS index can do for each freight market participants. Customs Maritime Import Shipments (PIMS). Customs Maritime Import Shipments on a monthly basis. PIMS tells you how many ocean freight or maritime shipments are being cleared through each port by U.S.
are reliant on the maritime shipping industry moving freight from overseas to this country. Like many other sectors of the global logistics/supply chain/freight world, the maritime industry is investing in technology in order to modernize and automate processes to create more visibility. Request a SONAR Demo.
According to Maritime Executive , “Eight international carriers split into three different alliances control 80% of the market today. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo. Now, the industry is changing yet again. And those increases are likely to remain forever.
Supply chains have fractured under the weight of recent maritime import demand, forcing shippers like Peloton (NASDAQ: PTON) to find pricier alternatives in order to not miss their window of opportunity. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. West Coast to more accurately reflect ocean rates in the currently tight market. .
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Request a SONAR Demo. Request a SONAR SCI Demo. and Long Beach promise to keep import volume elevated. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.
Customs Maritime Import Shipments on a monthly basis. SONAR US Customs Maritime Import Shipments (CSTM). The US Customs Maritime Import Shipment Index is a 7 day moving average of shipments into a given port based on US Customs data. HOW TO USE MARITIME INDICES TO DIRECT CARRIER AND CUSTOMER SALES TEAMS.
Based on information in the Ocean Shipments Report, maritime freight will continue to arrive at U.S. It is located under the apps in SONAR and provides subscribers new visualizations of maritime container flow and also give them the opportunity to plan for future trucking and/or intermodal activity at various U.S.
This week, learn how freight market participants are monitoring spot ocean freight rates of 40-foot containers in seven major maritime shipping lanes using the Drewry World Container Index (WCI). The Drewry World Container Index (WCI) measures the bi-weekly ocean freight rate movements of 40-foot containers in seven major maritime lanes.
Request a SONAR Demo. Request a SONAR SCI Demo. Some of the impacts that the ocean shipping situation is having on U.S. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER. The post [WHITE PAPER] Ocean shippers trapped in house of pain appeared first on SONAR.
This volume is measured in twenty-foot-equivalent units (TEUs), a measurement used in the maritime industry to record international containerized freight volumes. Since around 90% of global trade occurs via maritime shipping , loaded TEU volumes can also assist in understanding the overall health of U.S. Request a SONAR Demo.
We’ve been busy fine-tuning our platform, nailing our pitch, bringing on new customers, demoing for clients, and speaking at and attending different freight and logistics conferences. For everyone that hasn’t had a chance to tune in yet, we have made the recording public on our blog. . To read the full announcement, visit our blog.
Changing Maritime Shipping Patterns The inbound ocean booking volume index for the Port of LA has outperformed the index for the U.S. Chart: SONAR) To learn more about how you can utilize SONAR data at your organization, reach out to our team to schedule a demo. However, shippers moving freight from India or China to the U.S.
Changing Maritime Shipping Patterns The inbound ocean booking volume index for the Port of LA has outperformed the index for the U.S. Chart: FreightWaves SONAR) To learn more about how you can utilize SONAR data at your organization, reach out to our team to schedule a demo. often have some discretion over which ports they use.
The ports of Los Angeles and Long Beach account for over 40% of the total maritime import shipment volumes. Image – SONAR Tree Map of import market share The largest lanes for maritime imports originate in China and end on the North American West Coast, predominantly the ports of Los Angeles and Long Beach. Request a SONAR Demo.
Judah Levine March 20, 2025 Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 10% to $2,397/FEU. The Federal Maritime Commission also recently opened an investigation into foreign government roles in container chokepoints.
Eytan Buchman April 16, 2025 Blog The recent wave of tariff announcements has sent shockwaves through America’s small import businesses, creating unprecedented uncertainty in an already volatile global trade environment. Home Tariff Uncertainty: Small Importers Brace for Impact and Seek Alternatives New tariffs are shaking small U.S.
Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 10% to $2,465/FEU. Home April 16, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights.
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