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Identifying freight market trends across all modes

FreightWaves SONAR

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. Current market conditions are among the most difficult that the industry has faced in recent years.

Trends 94
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Navigating the Freight Landscape: Leveraging Key Market Areas for Supply Chain Success

FreightWaves SONAR

In today’s complex freight industry, comprehending regional market nuances is essential for logistics professionals looking to navigate the intricacies of supply chain management. Curious about how KMA trends can inform an effective supply chain strategy? Reach out to our team to learn more.

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Using SONAR to Understand Local Markets and Seasonality

FreightWaves SONAR

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.

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Technology Trends for More Effective Shipper-Carrier Alliances

Transporeon

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

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Technology Trends for More Effective Shipper-Carrier Alliances

Transporeon

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

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The Long Road to Just-in-Time

FreightWaves SONAR

For years prior to the pandemic, the consistency and integrity of global trade lanes meant that the industry viewed costs and lead times as assumptions rather than obstacles, especially as each generation of cargo ship has grown ever larger. By following maritime data and pairing it with multimodal domestic trends (volumes, rejections, etc.),

Trends 64
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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

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.