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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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February 2024 Freight Market Update

Trinity Logistics

However, an impact could be felt from recent events with regards to container shipping that would make it feel like less trucks are available. With recent geo-political events, and events at home, shipping to the West Coast has become more feasible than it was a year, certainly two years, ago. As you can see in Figure 1.1,

Freight 104
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Emerging Trends in Automation: What it Means to Supply Chains

GlobalTranz

While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years. Robotics Enhance Inbound and Outbound Logistics for Shippers. Another trend in automation involves robotics.

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Shifting freight patterns poised to drive up rates

FreightWaves SONAR

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. What does this mean for freight rates? It takes time for carriers to adjust to new freight patterns.

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Shifting freight patterns poised to drive up rates

FreightWaves SONAR

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. What does this mean for freight rates? It takes time for carriers to adjust to new freight patterns.

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The American trade imbalance and port congestion

Shipping and Freight Resource

However, port information from San Pedro Bay ports, which handles 40% of US trade, shows that this trend of empty container outbound movement has been going on for a few years and is not a new phenomenon. Learn more at — www.pesti.io.

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The Weekly Freight Report for March 4th, 2021

FLS Transport

FREIGHT CHART OF THE WEEK: If you look at one chart this week, make it the outbound tender volume index. This hasn’t been a two day event, it’s turning into a two week… plus… event. Digitization trends are and will sweep the trucking industry by 2030. Volumes snapback quickly after winter storms.