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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 current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates.
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. These declines are concentrated in the outbound L.A. Request a SONAR Demo.
Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. 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.
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. 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.
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. Identifying current inbound and outbound rail volume rates in the current market. Predicted inbound and outbound fuel and maintenance budgeting needs.
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.
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.
FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.
Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. Find out more about the possible insights that could help your business by requesting a SONAR demo online today. Request a SONAR Demo.
Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. 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 Demo. Request a SONAR SCI Demo.
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.
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. Knowing the trends of the lanes can help widen their margins. . Request a SONAR Demo.
Trends come and go, needs wax and wane, and the one thing that stays the same is the reality that everything changes. 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.
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. Send them a screenshot, like the one below, to let them know the current rate trends. Request a SONAR Demo.
National market trends are good for understanding where we are in any given freight cycle, but they say little about specific markets where companies operate daily or need to plan around in the future. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends.
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.
If you were able to see current capacity trends, it would be much easier to understand if you were able to push the rate down or move on to another interested carrier to secure the best rate. For brokers, the Market Conditions map helps identify which outbound markets are showing overall increases in rates.
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.
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.
For instance, as carrier rejection rates increase in outbound tenders, shown above, rates will climb, and predictions within the current FWS7.USA USA ticker show a trend toward significant increases going forward. Get started by requesting a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo.
What’s driving the change in ocean shipping and how does SONAR help shippers see the trends The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo.
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.
And if wait times do grow too long, carriers can turn to freight data to show general trends and bill detention charges accordingly. After all, trends, lane shifts, throughput and transparency data can now be used to make more hauls and avoid unexpected costs or delays. . Request a SONAR Demo.
SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. There is typically more demand for inbound truckloads into Detroit than outbound truckloads.
This breaks a trend of nearly two years of low volatility for the region. 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%
Consequently, you can determine which are likely to create more outbound truckload and intermodal volumes. This is also a major indicator of long-term trends in how shippers are routing their shipments into the U.S. ports are trending in terms of volume. This can be important when trying to distinguish how U.S.
Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG Request a SONAR Demo. Epilogue by Jason Vanover).
Contracted freight trends. Outbound and inbound data. . Compare findings to industry trends. Benchmarking helps determine how well business intelligence findings align with market trends. Be in the know; do the most for your business and request a FreightWaves SONAR demo with the button below to get started.
Outbound/Inbound Tender Rejection Indices to understand market trends and rates. With more than $250 billion in freight spend connected to SONAR, the Outbound and Inbound Tender Rejection Indices (OTRI and ITRI) reveal market rates and activity. Request a SONAR demo online to learn more. Request a SONAR Demo.
FreightWaves SONAR, Outbound tender volume levels downward decline accelerates. The Outbound Tender Reject Index, which measures relative capacity in the market through rejection rates, has plummeted as well – further indicating that the spot market is softening. Request a SONAR Demo. Request a SONAR SCI Demo.
The loss of predictability The domestic freight market was relatively stable after the Great Recession, which trended right in line with economic growth. The national Outbound Tender Volume Index (OTVI), which measures shipper requests for truckload capacity, was nearly 30% lower than the previous year. Sign up for a SONAR demo.
In this SONAR chart, you can see the comparisons of trends seen in the previous SONAR PIMS ticker. . To give your sales reps in your freight business an easier view of the SONAR CSTM indices, you can use the Map Widget to see how markets are trending on a monthly basis on the SONAR MCSTM index. Request a SONAR Demo.
The retailers that performed the best over the past year were generally the ones that sold essential goods, such as food, or benefited from the trends of the hour, such as home repair. have the confidence of knowing the exact volumes that each port handled to identify key market-share trends across U.S. containerized imports.
Recognize the balance between inbound and outbound moves and how that balance may turn a backhaul into a profitable activity for carriers and transportation brokers alike. Request a FreightWaves SONAR demo by clicking the button below to get started. . Now take a moment to look at that final bullet. What are you waiting for?
ORAIL and IRAIL are broken down by inbound and outbound volume origin/destination market and are also broken down by lane. Analysts : Analysts can utilize ORAIL data to gain visibility into intermodal shipping volume trends in particular industry granularities (e.g., Get a demo of SONAR to see what the platform can do for you.
MobileSTAR delivers key functionality including: Real-time connectivity to inbound and outbound shipments. I haven’t seen a full demo of it yet, but BluJay provided a preview of some of the features announced this week at its user conference back in April. The application also provides the benefit of street-level route optimization.
Part of that data includes invaluable indices, such as the Outbound Tender Reject Index (OTRI) in FreightWaves SONAR. Combining that data with the probable trends among all carriers to levy surcharges after the seasonal peak ends leaves a lasting threat. Schedule a FreightWaves SONAR demo by clicking the link below today.
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