What does the next freight cycle look like?
The rest of the year could be characterized by relatively low rates and volatility Like it or not, freight market volatility is here to stay. The post-recession environment that filled our expectations with the concept of “normal” is in the distant past. Even before the COVID-19 pandemic era, the U.S. transportation sector was experiencing an […]
Making strategic investments in digital supply chain in a downcycle
At its annual Investment Community Meeting in April in Tampa, Florida, Walmart’s management team took the opportunity to lay out an ambitious transformation of its supply chain. Walmart U.S. CEO and President John Furner explained how the retailer was digitally combining its ambient, perishable and e-commerce supply chains, which were built separately and in parallel […]
How supply chain leaders can be the CFO’s hero
Cut costs, then help finance set new budgets Freight rates in all modes have come down hard since last year, and if you’re a transportation manager or supply chain leader, you probably feel confident about hitting your budget this year. You might be tempted to take the downcycle off, put strategic initiatives on the backburner […]
Predicting the next turn in the freight cycle
Freight markets feel stuck in unseasonable doldrums with volumes low, capacity loose and rates in a trough after supply chain activity cooled post-COVID. But as we know, the relationship of supply and demand is not static, but dynamic and ever-shifting. A pendulum moves slowest and briefly pauses just before it starts falling in the other […]
Using freight market intelligence to boost sales (video)
#WithSONAR co-hosts Luke Falasca and Kyle Taylor are joined on this episode by FreightWaves founder and CEO Craig Fuller to talk about boosting sales using freight intelligence gleaned from FreightWaves SONAR. Watch the episode below: https://vimeo.com/468323981 Using Freight Intelligence to Guide Sales and Boost Profits Falasca said, “On today’s episode of #WithSONAR, we look at […]
The Basics of Freight Market Intelligence (video)
The focus of this episode of #WithSONAR is how using freight market intelligence is different from knowledge of what is happening in the industry. Additionally, co-hosts Luke Falasca and Kyle Taylor look at how market intelligence is the tell-all for how freight rates change in the trucking market. SONAR indices such as Haul, OTVI and […]
Freight Rates: 3 reasons shippers who predict rates reduce costs, find capacity
Maintaining control over freight rates has never been easy for shippers. There is an ongoing shift in each of the 135 major U.S. markets – either shippers or carriers have “control” of the market – for a time, until they don’t. Even during times when the industry is described as “a shipper’s market,” figuring out […]
Fragmenting freight markets and the domino effect (Video)
Kyle Lintner, Principal and Managing Partner at K Ratio and Zach Strickland, FreightWaves’ Director of Freight Market Intelligence, join host Michael Vincent on this episode of Freight Forecasting. As a full-service risk management firm, K-Ratio provides solutions for shipper customers, carriers and 3PLs by implementing aligned strategies to reduce the price volatility associated with the […]
Are shippers making a mistake with low contracted rates? – Freight Forecasting
In this episode of FreightWavesTV’s Freight Forecasting, a key question is answered: Are shippers making a mistake with low contracted rates? Jason Miller, Associate Professor of Logistics at the Eli Broad School of Business at Michigan State University, discusses the current freight market and the pitfalls of pulling forward the contracted rate bid cycle with […]
Fastest growing brokerage in North America is innovating – Freight Forecasting
This edition of Freight Forecasting features Jason Roberts, President of Avenger Logistics. He and FreightWaves’ Freight Forecasting host Michael Vincent discuss how Avenger uses SONAR to keep its employees up-to-date on key trends and data so that they can make tactical and strategic decisions. Watch the episode below: Avenger Logistics is based in Chattanooga, Tennessee. […]
Freight economy rebound may be underway. Carrier bankruptcies and unseated trucks will drive next spot rate surge.
Freight volumes are slowly come back to trucking market, but it will take a while before volumes in the contract freight market are significant enough to drive higher spot rates. There is a potential capacity shortage by the end of the year, caused by unseated trucks and trucking bankruptcies.
