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Short-haul volume growth shines a light on current trucking trends. Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. The capacity constraints across all modes haven’t been alleviated even though attempts have been made.
More Resources Home October 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. Major shippers and transporters have only so much space available to work within LTL shipping capacity.
To survive trends like these and to cut costs as much as possible without cutting quality or losing capacity, changes must occur. It is vital that shippers analyze freight capacity, how the market impacts shipping rates , and use supply chain technology and innovations. Request a SONAR Demo. Request a SONAR SCI Demo.
This week, learn how freight market participants are predicting shifts in the freight market that may occur with changes in retail sales trends using the SONAR index, Retail Sales with the ticker name of RESL. The RESL index is a monthly measurement of retail sales trends provided by the U.S. for year-over-year breakouts): .
FreightWaves SONAR is releasing new indices – CapacityTrend Market Scores and CapacityTrend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. CapacityTrend Market Scores CapacityTrend Market Scores are divided into two perspectives – shipper/broker and carrier.
Study 2: Inspect Demand Trends . Using Demand Forecasting Navigator to Study Demand Trends. Demo in Network Design Navigator . Companies may not be able to adequately ramp up capacity and lose sales. Capacity shutdown in S&OP Navigator. Study 1: Anticipate Best- and Worst-Case Operations Scenarios .
The reasons for a carrier to reject the load tender are: 1) lack of trucking capacity; and 2) the rate is too low. A change in reefer trailer capacity can also help explain why capacity, in general, has changed, as those reefer trailers are not available for other types of freight. As load volumes increase, capacity tightens.
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.
And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.
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. Freight volumes continue the robust growth though relative capacity has started to tighten again, following a seasonal pattern. Request a SONAR Demo.
Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. 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. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. highlight a still-tight capacity environment for shippers.
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Lacking data promotes trouble in annual contract capacity procurement during times of volatility. Using analytics will save time and help avoid problems securing LTL freight rates and capacities by pointing out opportunities.
More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. The same was true for Asia – N.
More Resources Home May 15, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America and $3.60/kg
For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. Recognize how other modes, along with current shipping trends, affect OTR transportation. Request a SONAR Demo. Request a SONAR SCI Demo.
More Resources Home October 15, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
However, carriers across the board need to recognize the trucking trends coming out of the for-hire trucking industry as they will inevitably carry over into larger carrier networks as well. . Capacity concerns will remain a leader in for-hire trucking trends. Trucking capacity concerns are everywhere.
More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
And part of that means tracking real-time truck location, gauging market trends and much more. Real-time data analytics that determine trends and unusual or inconsistent conditions The only way the freight market can ensure that activity is monitored is by utilizing real-time data analytics. Download the White Paper.
Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. Download the White Paper.
And part of that includes recognizing when existing contracts fall short and when to re-enter mini-bids, significantly as capacity tightens, says the Loadstar. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues.
Let’s take a closer look at how such an analysis provides more actionable insights that help shippers find and leverage meaningful capacity. True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. Consider this fact.
More Resources Home May 8, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
More Resources Home November 19, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. America rates have been at about $7.00/kg
More Resources Home December 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
More Resources Home July 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Without quality data to review, analyze and apply, the network will struggle to keep up with important trends within the global market. Capacity will shrink; profits will fall; expenses will rise; disruptions will increase; and opportunities will be missed. Request a SONAR Demo. Streamline data collection and analysis.
More Resources Home June 4, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America and Europe.
This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply chain. Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services. Request a SONAR Demo.
Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Since transportation is literally a fuel-consuming industry, knowing the fuel changes and trends will go a long way to improve trucking profitability. Request a SONAR Demo.
More Resources Home November 28, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. But despite reducing scheduled Asia – N.
This breaks a trend of nearly two years of low volatility for the region. The significance of this region’s having the most elevated rejection rates is simply that it is breaking a multiyear pattern of relatively loose capacity conditions and minimal volatility. To request a SONAR demo, click here. behind the Midwest.
Expand your outsourced capacity base The beat of logistics follows a peak and lull cycle. As a result, carriers found themselves at the heart of an in-demand crowd with finite capacity resources, facing a growing carrier trend for more and faster service. Request a SONAR Demo. Download the White Paper.
and the] flexibility of your current capacity procurement plan to address shifts in demand patterns.” How can an organization sum up contractual differences within a single source without considering individual nuances and unique trucking trends of each shipping lanes? Reduced capacity constraints deriving from limited visibility.
More Resources Home July 23, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
More Resources Home March 19, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Still, current rates are around 2.5X Optimistic N.
More Resources Home July 9, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe and $7,900/FEU to the Mediterranean.
Measure invoiced rates against market trends. The billed or invoiced rates should always reflect current market trends. The one exception involves contracted, dedicated fleets that lock in capacity drivers with non-compete contracts. Request a SONAR demo online to get started. Request a SONAR Demo.
Today, logistics strategies rely on accurate and up-to-date data for everything from capacity planning to invoicing. Capturing, analyzing and applying data will help improve load capacity, boost delivery success rates, increase profit margins and enhance shipping insights. Request a SONAR Demo.
More Resources Home August 14, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
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