Shippers hoping for trucking rate relief in 2022 are going to be severely disappointed. The trucking freight market is one of the most volatile markets on the planet, especially since … Read More
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. SONAR subscribers will be able to see those markets across the nation that have the most significant tightening or easing conditions. By using the indices in the daily work flow, subscribers can generate lower costs and improved profitability.
Zach Strickland, FreightWaves’ Director of Freight Market Intelligence (and the “Sultan of SONAR”), joins Freight Forecasting host Michael Vincent on this episode. Zach and Michael discuss how shippers, carriers and … Read More
Anthony Smith, FreightWaves’ Lead Economist, and Zach Strickland, FreightWaves’ Director of Freight Market Intelligence, join Freight Forecasting host Michael Vincent on this episode. They talk about the state of current … Read More
Freight Forecasting host Michael Vincent is joined by Zach Strickland, FreightWaves’ Director of Freight Market Intelligence. They discuss the apparent peak of freight volumes and how SONAR can help subscribers … Read More
Tender rejections occur when a contracted carrier rejects an electronic load request from a shipper customer. FreightWaves SONAR measures the former via the outbound tender reject index (OTRI). Carriers really … Read More
Forecasting trucking rates is one of the most important roles for all freight forecasters. Load volumes and truck capacity for individual markets are the primary drivers in developing freight forecasts. Each individual freight market has its own unique load demand and truck capacity cycles. These cycles are most often linked to seasonal demand patterns and the ratio of outbound to inbound freight volumes in each market.