Research Corner: Optimism In The Warehousing And LTL Markets
On The Spot: Pareto’s Law In The Top 50 Freight Markets
We’re reaching back into the old treasure chest of research reports this morning to dig out a classic from October 2020. The core of the report was based on how volumes affect lane pricing and volatility . In the paper FreightWaves confirmed the Top 25 freight markets represent 53.24% of outbound tender load volumes in the U.S. […]
Research Corner: Brokerage Margins Expanded In Q2, Why?
The second quarter was relatively strong for freight brokerages, both pure plays like C.H. Robinson and those within larger transportation companies like J.B. Hunt’s Integrated Capacity Solutions (ICS). As the freight market softened throughout the quarter, brokerages were largely able to expand margins as expected during the beginning of a down cycle. FreightWaves’ head of research […]
SONAR now has spot to contract rate spread
SONAR now contains a spot to contract rate spread index (RATES) to help users understand the short- and long-term relationships between transactional and long-term truckload pricing trends.
SONAR Container Atlas is a new maritime container shipping monitor
FreightWaves SONAR is adding to its upstream view of the supply chain with the expansion of its maritime visibility solution. SONAR Container Atlas, or SCA, provides a complete picture of container freight shipping patterns for freight bound for the U.S. SCA measures maritime container shipping activity by using three primary components: Ocean container spot rates, […]
FreightWaves’ National Trucking Index is the fastest, most accurate way to measure U.S. trucking activity
FreightWaves released the National Trucking Index (NTI) today, providing a benchmark that is dedicated to measuring the direction of the domestic truckload market. The NTI is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. This sector of the truckload market represents about 90% of all trucking […]
How quickly the market turns
Earnings season is upon us and executives of publicly traded transportation companies are providing their results from the first quarter. They are also providing updates on current market conditions and what they see ahead. The first major player to report earnings was J.B. Hunt, the largest domestic intermodal player in the industry. As expected, earnings […]
How Edge Logistics uses FreightWaves SONAR to Automate Years of Tribal Knowledge
View the Full Case Study The COVID-19 pandemic brought unprecedented uncertainty to the freight market, sending freight rates from some of the lowest levels in recent years to record-high levels in just 18 months. When looking for partners, shippers are seeking those that actively participate in the freight market in addition to providing strong service […]
FreightWaves adds fuel data to SONAR SCI
FreightWaves has upgraded SONAR SCI to include fuel surcharge estimates at the lane level. FreightWaves is also adding the Global Supply Chain Pressure Index (GSCPI) to the SONAR platform.
Mutual Customers of TAI TMS and SONAR will have a new way to view SONAR data
Mutual customers of Tai TMS and FreightWaves SONAR have an easier viewing of SONAR data. The new partnership brings SONAR data right into Tai’s transportation management system (TMS), eliminating the need to toggle between multiple applications. Current SONAR customers who have a SONAR API subscription to our Capacity Market or Lane Scores and/or FW TRAC […]
Why do carriers expect pricing momentum to continue into 2022?
Earnings season is here and the general theme across truckload carriers is carrying higher rate momentum into 2022. Carriers have benefited from increased freight rates across the board, but not every carrier experienced record revenue in the fourth quarter. Market conditions are still quite favorable for carriers, but driver retention and recruiting continue to be […]
How a CPG Shipper Stayed Out of the Spot Market and Achieved a 20x ROI
Tricky freight, short lead times, and inflexible delivery windows meant that one consumer packaged goods shipper was punished when its core carriers fell off.
FreightWaves’ TRAC: Better Data Means Better Deals
FreightWaves has formed the Trusted Rate Assessment Consortium (TRAC) to provide the most up-to-date view of U.S. spot rates.
Tough sledding ahead for 2022 bid season
Shippers are facing a tough road in 2022. A relief valve to remove all the pressure on transportation networks isn’t coming, at least in the near future as capacity constraints are seemingly endless. The semiconductor shortage, a tight labor market, increased consumer spending and congestion at the ports are all constraints that haven’t improved over […]
Descartes and FreightWaves combat capacity crunch with real-time lane data
FreightWaves SONAR Lane Score is now available in Descartes Macropoint Capacity. The partnership brings nearly 100% visibility to U.S. freightlane markets.
What is expected during peak season?
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. Traditionally, intermodal volumes peak in […]
Building a bridge between ocean and domestic transportation markets
Understanding ocean shipping trends is vital to understanding the freight flows in domestic transportation markets. The easiest identifier is linking rises (and falls) in import volumes that are clearing U.S. Customs in port markets with increases (and decreases) in both truckload and intermodal volumes in the markets. The free white paper, Ocean markets drive the […]
Best Dedicated Solutions Uses SONAR to Help Its Customers and Itself
View the Full Case Study Best Dedicated Solutions (BDS), which is headquartered about 40 miles northwest of Chicago in Vernon Hills, Illinois, has two companies operating under its umbrella. Best Dedicated is an asset-lite brokerage and Best Courier focuses on asset-based last-mile movements and other deliveries for local routes. As an asset-lite brokerage, BDS has 300 trailers […]
Using data aids shippers in holding carriers accountable
Shippers are at a disadvantage in negotiations with carriers and brokers unless they have adequate data and real-time information surrounding the freight market. Shippers’ main focus isn’t moving freight, it’s manufacturing the goods to be moved. Then shippers enter negotiations with carriers and brokers, who live and die by the freight market, putting them on […]
Apparel companies shifting to air freight to offset congestion at ports
Shippers are facing supply chain challenges from all sides – sourcing, manufacturing, global shipping and domestic transportation networks. Domestic transportation networks receive a great deal of attention, but shippers are having to make expensive decisions before products even arrive on U.S. shores. As peak retail season approaches, shippers in the retail space are focused on […]