Are Freight Volumes About To Fly? (with video)

Scott MallFreight Market Blog

#WithSONAR

On this episode of #WithSONAR, co-hosts Luke Falasca and Kyle Taylor focus on the number one leading indicator of domestic truckload volumes, which is U.S. import volume. Using SONAR’s Ocean Shipments Report app can help companies in all modes “read the future” and know where freight will be coming into the U.S., when and in what volume.

Based on information in the Ocean Shipments Report, maritime freight will continue to arrive at U.S. ports in quantity between now and the end of the year – if not longer.

Watch the episode below:

The Ocean Shipments Report is a robust market intelligence product for the global freight market. It shows U.S. import and export shipment volumes for ocean containers seven days into the future. For U.S.-based transportation providers, seeing this information in SONAR – a week before other providers – lets them get ahead of competitors by knowing the volume of what will be arriving in the U.S., as well as when and where. And when that freight reaches the U.S., it will need to be moved – perhaps to nearby warehouses, or perhaps to the other side of the country. That is actionable intelligence, which is the essence of SONAR.

 

U.S. ports are where nearly all transportation modes come together – ships, drayage vehicles, intermodal rail and trucks – moving the imports that are the lifeblood of the American economy. And now this proprietary data that is unique to SONAR is displayed like never before, thanks to a new dashboard.

 

With the new dashboard, it is easy to see why the SONAR Ocean Shipments Report is the best indicator available to gauge how much ocean container volume is being booked for U.S. imports. A SONAR subscriber has the ability to see exactly where ocean container volumes are loading and in what volume. SONAR is the only data platform in the world that has this data set. 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. ports. 

In addition to the dashboard, another new feature lets a SONAR subscriber see which companies are the 100 largest consignees by shipment volume – as well as where the imports are coming from and where in the United States those shipments are heading. 

As the co-hosts discussed, with ocean imports’ 7-day forecast spiking, truckload volumes can be expected to surge in most major port cities over within the next few weeks. Two ports in particular will be receiving a great deal of freight in the near future the Port of Los Angeles and the Port of Savannah. 

Know more, faster – and find just what you need #withSONAR’s freight intelligence around the activities and hallmarks of the freight market!