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Within SONAR, the Outbound Tender Reject Index (blue) In early October eclipsed 5% for the first time since the Fourth of July holiday. At the same time, the Outbound Tender Volume Index (white) has yet to move meaningfully higher, despite record import levels. The post Prepping For The Retail Rush appeared first on SONAR.
Reefer Outbound and Inbound Tender Reject Indices The Reefer Outbound Tender Reject Index (ROTRI) and the Reefer Inbound Tender Reject Index (RITRI) are sub-indices of the major SONAR Index named Tender Reject Index (TRI) measured by direction type as indicated by “outbound” and “inbound” in the name and ticker of these indices.
These declines are concentrated in the outbound L.A. Request a SONAR Demo. Request a SONAR SCI Demo. Meanwhile intermodal tender rejections have fallen in most locations and domestic intermodal spot rates are flattening at a high level. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.
Think about it: with outbound prospecting, requests from management, scheduled demos, and inbound calls, chaos can quickly work its way into your strategy, deeming a “speed wins” selling mentality downright ineffective. The bottom line is that, in B2B sales, speed is useless without control.
That has put intermodal further out of reach for spot shippers in the lanes outbound from L.A. Request a SONAR Demo. Request a SONAR SCI Demo. and has placed intermodal and truckload spot rates at close to parity from Chicago to Elizabeth, NJ. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.
Data-driven lane and contract management boost compliance rates Inbound and outbound freight logistics are both critical parts of the modern supply chain’s freight market , though each one has been managed quite differently. Request a FreightWaves SONAR or a SONAR SCI demo by clicking the button below to get started.
Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR. Freight market share over the last week, such as SONAR’s Outbound Tender Market Share (OTMS). Request a SONAR Demo.
In the image below, use the following as your guide to interpreting: Blue = outbound tender rejections for the Dallas market, which measure service, capacity and price. Green = outbound volumes (demand). It shows outbound volumes increasing and inbound supply decreasing. Capacity signals for the freight market.
Request a SONAR Demo. Request a SONAR SCI Demo. Between all of the service problems and capacity constraints, the intermodal spot rates have moved out of reach for a majority of shippers, especially on eastbound lanes out of Los Angeles. As capacity constraints remain prevalent, rates will continue to be driven higher.
The Outbound Ocean TEU Index (OOTI) from Vietnam to the U.S. Outbound Air Cargo Tons out of Ho Chi Minh City are expected to grow leading into the holiday season as shippers rely heavily on air cargo. Request a SONAR Demo. Request a SONAR SCI Demo. Chart: FreightWaves SONAR.
Identifying current inbound and outbound rail volume rates in the current market. Predicted inbound and outbound fuel and maintenance budgeting needs. Request a FreightWaves SONAR demo by clicking the button below to see all the above data and more in action. Request a SONAR Demo. Download the White Paper.
The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. Sign up for a demo here or by clicking the button below. . Request a SONAR Demo.
Chart of the Week : Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index , Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, Some mean reversion is imminent, but the national Outbound Tender Reject Index shot back over 28% this week, near its peak value around Thanksgiving of this past year.
A user can view the volume of TEUs being booked on both an inbound (IOTI) and outbound basis (OOTI). . Example : A subscriber wants to see the outbound ocean shipments TEU volume being booked with ocean container lines in China that are moving outbound to the United States. Request a SONAR Demo. ports to China).
Since on-time delivery accounts for both inbound and outbound freight , it has a natural effect on the full supply chain. Tracking the total volume of inbound and outbound freight, not to mention its contingent factors through these metrics, adds value by enabling proactive transportation management. Request a SONAR demo today.
Find out more about the possible insights that could help your business by requesting a SONAR demo online today. Request a SONAR Demo. With that in mind, AI could act on that information to derive more meaningful insights and genuine supply chain intelligence.
Find out more about how your organization can gain those lane-level insights by requesting a demo of FreightWaves SONAR SCI Lane Acuity today. Request your demos below. Request a SONAR Demo. Request a SONAR SCI Demo. Request a SONAR SCI Demo.
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. Request a FreightWaves SONAR or a SONAR SCI Lane Acuity demo to boost your current RFP processes by clicking the respective button below.
Outbound tender rejections. Shippers can better monitor outbound tender rejections with real-time data presented from improved data sources. Request a FreightWaves SONAR demo to get started. The information made available with a proper data source presents other considerations for members of the over the road trucking industry.
In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Carriers will be able to see inbound and outbound stability on specific lanes.
What is a routing guide : a set of rules and requirements from shippers that set rules for inbound and outbound shipping. A routing guide provides a clear set of a shipper’s rules and requirements t for both inbound and outbound freight. Request a SONAR SCI Lane Acuity demo by clicking the button below today. .
As carriers reject more load offers, represented by the Outbound Tender Reject Index (OTRI) , trucking rates increase as shippers fall down their provider lists or route guides. Request a SONAR Demo. Request a SONAR SCI Demo. Epilogue by Jason Vanover).
Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. Request a SONAR Demo.
Remember, it’s not all about outbound loads either. Usually, it’s a mix between inbound and outbound loads for shippers. What’s your mix between inbound and outbound loads? . Request a SONAR Demo. If the volumes are high, it will lead to more questions covering the sections below. You never know until you ask though.
Prescribes routes based on shipment size and origin The freight routing guide is a series of instructions that indicate the modes, service levels and other requirements for each inbound and outbound shipment. Request a SONAR Demo. Request a SONAR SCI Demo.
For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity. Request a SONAR Demo. Request a SONAR SCI Demo. FreightWaves SONAR platform highlights many of the changing market dynamics surrounding weather events.
And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight. Request a SONAR SCI Lane Acuity demo to get started or click the button below. Request a SONAR Demo. Request a SONAR SCI Demo. Download the White Paper.
The core SONAR tender indices — Outbound Tender Volume Index, Outbound Tender Reject Index, Outbound Tender Market Share and Headhaul Index — are four primary data sets you can use on a daily basis to make better decisions. The OTRI data set shows the percentage of freight that is being rejected outbound from a given market.
With that in mind, carriers of all sizes must consider the average inbound and outbound volumes, when to reject or accept freight loads , the standard rates expected within individual markets and how global trade will inevitably impact the U.S. Request a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo.
Put simply, the Market Conditions tool is a map that gives SONAR users an indication of a market that has a higher amount of increasing or decreasing outbound lanes based on rates in the spot market over the previous four days. For brokers, the Market Conditions map helps identify which outbound markets are showing overall increases in rates.
How is technology enabling strategic conversations at the order level to happen faster and for the freight department to work seamlessly with procurement on the inbound side and sales on the outbound side to optimize freight shipping ? Request a SONAR Demo. How do we digitize all the players in the supply chain network?
For instance, as carrier rejection rates increase in outbound tenders, shown above, rates will climb, and predictions within the current FWS7.USA Get started by requesting a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo. USA ticker show a trend toward significant increases going forward.
A growth in import volumes could help balance the markets as outbound demand rises. While these are nearby, they will also require “deadheading,” in which they move the truck without an active paying load, driving up the outbound rate. Request a SONAR Demo. Savannah, however, is on the opposite end of that spectrum.
In this blog, we will dive into how you can use Outbound Tender Lead Time (OTLT) indexes to be alerted of the right time to make that call to close business with new customers and satisfy the relationship of new carrier relationships. If you are not a FreightWaves SONAR user, click below to schedule a demo. Request a SONAR Demo.
Outbound shipments shipments to the stores are parcel. I would sit through the demos, and I would think, how are these bots going to handle large orders that we routinely send our stores? The warehouse also supports their e-commerce business. The DC has 36 employees and operates seven days a week.
The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo. Epilogue by Jason Vanover).
It’s a perennial top-three outbound market in the US due to its proximity to the nearby ports of Long Beach and Los Angeles. Meanwhile, outbound tender rejections for the Lakeland market continue to bobble around the same range as 2023, heading into an active produce season that typically builds quickly starting in May.
There is typically more demand for inbound truckloads into Detroit than outbound truckloads. An indicator of balance (or imbalance) in freight demand, the Detroit Headhaul Index subtracts inbound demand from outbound demand. Deeply negative numbers indicate that there is greater inbound truckload demand than outbound truckload demand.
While you’re at it, throw in the SONAR Lane Score to see if you’re quoting an outbound-heavy lane. Export your load list to Excel and add a few functions to pull in today’s outbound tender rejection values ( OTRI ). Shipper procurement teams can now incorporate SONAR contract rates directly into their spreadsheet-based RFPs.
Chart of the Week: Reefer Outbound Tender Reject Index – USA, USDA Produce Truckload Spot Rate – Los Angeles to Dallas, Reefer Outbound Tender Reject Index – Los Angeles SONAR : ROTRI.USA, AGRATE.LAXDAL, ROTRI.LAX It is widely known at this point that the winter plunge that hit the central U.S. Request a SONAR Demo.
FreightWaves SONAR: Outbound Tender Volume Index. The Outbound Tender Volume Index (OTVI) measures freight demand through shippers’ requests for capacity. The Outbound Tender Reject Index (OTRI), which is a measure of relative capacity in the market, is currently at 20.72%, 107 basis points (bps) below 2021 levels.
The Southeastern region is the second-largest outbound region for freight in the U.S., The largest outbound market is Atlanta. Atlanta, the regional hub, has been the nation’s second-largest outbound market in 2024, accounting for roughly 3.4% of the total outbound tenders in SONAR’s tender data. behind the Midwest.
Prioritizing moves based on inbound and outbound data trends. Request a SONAR Demo. And to help carriers achieve that goal, this white paper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Industry expert guidance as a best practice. Visualization capabilities.
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