Wednesday, February 1, 2023
FreightWaves Passport
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In
No Result
View All Result
FreightWaves Passport
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In
No Result
View All Result
FreightWaves Passport
No Result
View All Result
Home 3PLs

SONAR highlight reel: Shippers are frustrated, but at least football is back on TV

by Tony Mulvey
Monday, September 13, 2021
in 3PLs, Featured, Intermodal, Rail, Trucking
Reading Time: 1min read
0
SONAR highlight reel: Shippers are frustrated, but at least football is back on TV

Holiday noise is dramatically impacting the major truckload indicators. Shippers’ requests for capacity are down mid-double digits in the past week, thanks to the Labor Day holiday. A snapback in freight volumes is expected in the coming days. Even with the holiday, securing capacity is still extremely difficult as the dizzying high spot rates prove.

There is plenty of demand for intermodal, but numerous capacity constraints (chassis, containers, drayage, terminal congestion, port congestion) continue to impair intermodal volume. In the most recent week, loaded international and domestic intermodal container volume is down 3.4% year-over-year (y/y) and 10.5% y/y, respectively. The Class I railroads have left intermodal spot rates essentially unchanged the past few weeks after increasing rates in early August, but rising dry van spot rates suggest that further spot rate increases may be forthcoming.     

Maritime capacity also remains elusive for shippers. While CMA CGM capped its spot rates, vessel charter prices, congestion, and even overall spot rates show no signs of easing. Congestion in San Pedro Bay is expected to worsen in the coming weeks with the number of container vessels at anchor forecast to increase to more than 50. Delays near ports, such as in San Pedro Bay, are reducing trans-Pacific capacity by ~20% and are keeping ocean capacity very tight.

Members Only

You have selected content that's only available to members of FreightWaves Passport. As a member, you gain immediate access to the most in-depth and informative freight research available. It's your gateway to continuing education.

Members also get:

  • Access to exclusive community dedicated to discussing the most important challenges facing freight.
  • Monthly and Quarterly Freight Market reports keeping you informed of industry trends.
  • Much, much more!

Click below to learn more and sign up today!

Subscribe
Existing Passport subscribers may log in using the form below.

 
 
Forgot Password
Tags: import volumesintermodal volumeslogistics researchtransportation researchtruckload capacityTruckload rates
ShareShareTweetSend

Tony Mulvey

Research Associate, FreightWaves

Related Posts

3PLs

Rocky road on the way in 2023?

Monday, December 12, 2022
Department stores find leading economic indicators in freight market data
3PLs

Department stores find leading economic indicators in freight market data

Thursday, November 17, 2022
Lumber companies face complex freight decisions
3PLs

Lumber companies face complex freight decisions

Wednesday, October 26, 2022
Next Post
Holding carriers accountable means knowing the freight market

Holding carriers accountable means knowing the freight market

Popular Research

  • Falling freight demand shapes 2022 outlook

    0 shares
    Share 0 Tweet 0
  • Lumber companies face complex freight decisions

    0 shares
    Share 0 Tweet 0
  • Rocky road on the way in 2023?

    0 shares
    Share 0 Tweet 0

By Categories

  • 3PLs (119)
  • Carrier Outlook (6)
  • Featured (71)
  • Financials (22)
  • Freight Market Outlook (1)
  • Global Trade (6)
  • Intermodal (109)
  • Most Popular (27)
  • News (81)
  • Passport Research (35)
  • Rail (98)
  • Shippers (33)
  • Special Topic (99)
  • Technology (19)
  • Trucking (160)

FreightWaves Passport




Research built for present and future c-suite executives.





Benefits

  • Research
  • Education
  • Community
  • Events

Research by Topic

  • 3PLs
  • Carrier Outlook
  • Featured
  • Financials
  • Freight Market Outlook
  • Global Trade
  • Intermodal
  • Most Popular
  • Special Topic
  • Trucking

Resources

  • Webinars
  • Meet the Team
  • Contact Us

© Copyright 2021 | FreightWaves, Inc. | All Rights Reserved

No Result
View All Result
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In

© Copyright 2020 | FreightWaves, Inc. | All Rights Reserved