-
2021 Trucking Outlook Comes Into Focus
Friday, December 18, 2020 - 8:56am | 2159Several analysts have published transportation outlook reports for 2021 that are calling for continued strength in the trucking markets. Some are expecting the favorable truckload fundamentals that were in place in the back half of 2020 to continue unchanged though 2021. However, others believe the...
-
One Last Leg Up Before The New Year?
Friday, December 11, 2020 - 1:20pm | 2323This week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 85 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to...
-
Carriers Flexing Pricing Power On The East Coast
Friday, December 4, 2020 - 12:49pm | 2385Last week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates...
-
Exports Boost US And Canadian Grain Volumes
Friday, December 4, 2020 - 8:31am | 1025U.S. and Canadian railroads continued to move significant amounts of grain in November as export demand boosted grain movements. Indeed, last month's World Agricultural Supply and Demand Estimates report from the U.S. Department of Agriculture anticipates U.S. soybean exports in the 2020-2021 crop...
-
FBX Report: December 1, 2020
Wednesday, December 2, 2020 - 4:56pm | 66To learn more about FreightWaves SONAR, click here.
-
CMA CGM's Third-quarter Profits Jump 522%
Monday, November 23, 2020 - 1:31pm | 745Another container-line quarterly report, another big profit and another bullish outlook on the rest of the year. French carrier CMA CGM reported net income of $567 million for Q3 2020 for the group, up 522% from $45 million in Q3 2019. For the shipping division, earnings before interest, tax,...
-
White Paper: 2020 Q4 Carrier Outlook Report
Wednesday, November 11, 2020 - 4:37pm | 195This Carrier Outlook Report — presented in partnership with SkyBitz, DDC FPO, and Transflo — is the fourth installment of a quarterly publication. This report provides a look back at 2020 and a forecast for the remainder of the year. Carrier survey results and SONAR data are included. Featured...
-
Buckle Up — Rates And Volumes Up 20% Year-over-year And Trending Higher
Friday, November 6, 2020 - 11:35am | 2195This week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 75 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 65 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to...
-
Container Slots Sell Out, Risking Holiday 'Shipageddon'
Monday, October 19, 2020 - 5:56pm | 1663"The ships are 100% full. The containers are 100% full. You can't get a container built. You can't pick up a ship from the spot market. The whole container-shipping cycle is at absolutely full pulse," exclaimed Jeremy Nixon, CEO of Ocean Network Express (ONE), the world's fifth-largest container...
-
Table Set For 3Q Truckload Earnings Blowout
Tuesday, October 13, 2020 - 11:18am | 2026The rubber will soon meet the road for trucking companies. After a couple of months of improving data points, positive commentary from management and analysts raising their earnings expectations, the third-quarter earnings season kicks off later this week. Temperature-controlled truckload (TL)...
-
Get Ready For Blowout Q3 Results In Container Shipping
Friday, October 9, 2020 - 7:04pm | 1276"We knew it was going to be good, but dadgum …," exclaimed Stifel analyst Ben Nolan upon seeing the preliminary third-quarter 2020 results from Matson Inc. (NYSE: MATX). Matson's disclosures offer the first signals of how solid Q3 2020 earnings will be for container lines across the board....
-
DHL Supply Chain Pricing Power Index: Chaos Is The New Norm (With Video)
Friday, October 9, 2020 - 1:25pm | 1971This week's DHL Supply Chain Pricing Power Index: 85 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 85 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to...
-
Consensus For Double-digit Truckload Rate Increases Forming
Friday, October 9, 2020 - 11:13am | 1379The expectation for truckload (TL) contractual rates to increase by double digits in 2021 is growing. In a Wednesday note to clients, UBS (NYSE: UBS) transportation equities analyst Tom Wadewitz outlined the fundamentals supporting this projection. "The current extreme tightness in the TL spot...
-
US Weekly Rail Traffic Almost At Last Year's Levels
Friday, September 25, 2020 - 10:11am | 826U.S. rail volumes are still lower compared to last year, although that gap narrowed last week. The U.S. freight railroads originated 521,956 carloads and intermodal units for the week ending Sept. 19, according to the Association of American Railroads (AAR). This is 1.3% lower than the same period...
-
Cass Sees Freight Trends Accelerate Sequentially In August
Tuesday, September 22, 2020 - 2:05pm | 1150Cass Information Systems (NASDAQ: CASS) August report showed further sequential gains in the freight markets with shipments increasing 8% and expenditures climbing 9.9% from July. Data for the month echoes other recent bullish trends and commentary from the trucking sector, showing that April was...