Page 5 - Freightwaves Chart News Today

Shippers are desperately trying to find a way to get their freight into the U.S. The peak impacts to surface transportation may be in the future.

Shippers continue to struggle to find a reliable way to get freight into the U.S., which is causing major changes to surface transportation patterns.

Will rising warehouse and inventory costs feed trucking demand? Shrinking warehouse capacity makes high inventory levels less economical option for shippers Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR:LMI.INVC, LMI.WHCP Inventory costs are growing at the fastest rate in years while warehouse capacity continues to shrink at a near record pace, according to the Logistics Managers Index (LMI). In 2019 shippers crammed warehouses with imports to get...

Empty-container rush signals worst yet to come for shipping community Los Angeles inbound empty international containers have surpassed loaded volumes for first time since early 2019 Chart of the Week:  Inbound International Rail Container Volume (Loaded, Empty) – Los Angeles SONAR:IRAILINTL.LAX, IRAILINTE.LAX For the first time in the rail container volume index history, nonholiday empty containers outnumber the loaded container volumes heading into Los Angeles. This occurred briefly at ...

Freight boom is not without downsides for carriers Driver recruiting issues are limiting growth while costs of operating grow once again 0 15 3 minutes read Chart of the Week:  Insurance Expense % – Dry Van Company and Leased Fleet, Driver to non-Driver Ratio – Dry Van Company and Leased Fleet SONAR: INSURE.VCFOO, DRRAT.VCFOO Driver recruiting problems are limiting carrier growth while the cost of operating is growing at a faster rate than ever. A similar scenario played out at the en...

The Inbound Ocean TEU Volume Index (IOTI), which measures maritime bookings for twenty-foot equivalent units for U.S. imports, is set to hit an all-time high this week. The IOTI starts in January 2019 but covers one of the most active periods in maritime shipping thanks to the pandemic. With imports being tied more closely than ...

This could be the hottest summer ever — for freight Inbound TEU bookings are set to exceed 2020 peak by nearly 8% this week 0 6 3 minutes read Chart of the Week:  Inbound Ocean TEU Volume Index , Van Outbound Tender Volume Index – USA SONAR:IOTI.USA, VOTVI.USA The Inbound Ocean TEU Volume Index (IOTI), which measures maritime bookings for twenty-foot equivalent units for U.S. imports, is set to hit an all-time high this week. The IOTI starts in January 2019 but  covers one of the most ...

Trucking gets another shot in the arm from quarantined consumers Consumers spent 22% more on goods in January, tightening capacity back to peak levels in March 0 10 3 minutes read Chart of the Week:  Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR: OTVI.USA, PCE.DG Just as the consumer goods boom appeared to be in decline, spending got another boost on the heels of more stimulus and spiking COVID-19 cases, posting an unexpected 12% sequenti...

Produce season comes early? Photo: Jim Allen - FreightWaves Chart of the Week:  Reefer Outbound Tender Reject Index – USA, USDA Produce Truckload Spot Rate – Los Angeles to Dallas, Reefer Outbound Tender Reject Index – Los Angeles SONAR:ROTRI.USA, AGRATE.LAXDAL, ROTRI.LAX It is widely known at this point that the winter plunge that hit the central U.S. a couple of weeks ago sent shockwaves through trucking networks that are still being felt throughout the country. As dry van capa...

Winter storms blow freight market back into disarray Winter weather retightens domestic trucking capacity even as demand drops 4,666 4 minutes read Chart of the Week:  Outbound Tender Reject Index, Outbound Tender Volume Index – USA SONAR: OTVI.USA, OTRI.USA The recent string of winter storms and cold weather that has gripped the central U.S. disrupted shipping across the country in a way that is somewhat counterintuitive — volumes fell while capacity tightened.  The Outbound Tender...