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Bitcoin Miner Beat Blue Chips In Trading Volumes On Heels Of Expected ETF Approval And Halving, Experts Optimistic
Thursday, December 28, 2023 - 6:35pm | 826Bitcoin miner stocks have witnessed a significant rally in trading volumes compared to blue-chip stocks on the exchange amidst the rise in traders’ interest in Bitcoin. What Happened: Based on data, Bitcoin miners such as Marathon Digital Holdings Inc (NASDAQ: MARA) reported a trading...
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Hapag-Lloyd Profit Swells Despite Shrinking Volumes
Friday, August 14, 2020 - 2:17pm | 1191Hapag-Lloyd maintains that despite doused volumes in the second quarter, it has the liquidity and strong earnings to stay well above water. "After the year got off to a decent start, transport volumes significantly declined in the second quarter as a result of the COVID-19 pandemic. We benefited...
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Volumes Inch Up This Week, Breaking Weekslong Flat Streak
Monday, February 24, 2020 - 10:15am | 610For the first week in the past many, national outbound tender volumes are showing gains and up 1.91% year-over-year, breaking the long-running flat streak. The year-over-year gains are being aided by easy comparisons to 2019 data. This should not be taken as a sign of strong demand, but rather a...
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Flat Volumes Appear To Be The New Normal
Monday, February 17, 2020 - 10:14am | 548Much like the S&P 500, the Outbound Tender Volume Index (OTVI.USA) has not increased or decreased by more than 1.3% in any week besides the MLK holiday week. The index currently sits at 9,634.00, which is slightly above its yearly comparable by a little more than 1%. National volumes have...
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Excess Capacity Keeps Rates Depressed On Flat Volumes
Thursday, February 13, 2020 - 5:49pm | 1427This week's DHL Supply Chain Pricing Power Index: 25 (Shippers) Last week's DHL Supply Chain Pricing Power Index: 25 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 45 (Shippers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...
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Flat Volumes And Bleak First-Quarter Guidance From Carriers
Monday, February 3, 2020 - 12:31pm | 578The Outbound Tender Volume Index (OTVI.USA) has stayed relatively horizontal below its March 2018 starting point of 10,000 since it recovered from its New Year's trough. The index currently sits at 9,606.97, which is above its yearly comparable by less than 1%. At this point in the year, it is...
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Flat Volumes Continue As Market Cools
Monday, January 27, 2020 - 11:47am | 628The Outbound Tender Volume Index (OTVI.USA) has stayed horizontal below its March 2018 starting point of 10,000 since it recovered from its New Year's trough. The index currently sits at 9,401.28, which is slightly below its yearly comparable by less than 1%. At this point in the year, it is...
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National Freight Volumes Now Positive For Two Straight Months As 2018 Comparisons Ease
Friday, September 20, 2019 - 6:03pm | 518Outbound tender volumes (OTVI.USA) continued on their upward trajectory and extended their multi-week winning streak dating back to late July. OTVI first crossed over to positive on July 24. It has been positive on a year-over-year basis since. One key question is how much of the sustained volume...
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Freight Brokers: Volumes Firming Up, Rates Lagging
Wednesday, September 18, 2019 - 5:44pm | 838Expedited and truckload freight brokers told me today that while they're seeing positive year-over-year volume growth across the board, overcapacity is preventing rates from rising higher in most lanes. It is the case that capacity is gradually tightening—on a national basis, outbound tender...
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FreightWaves NOW: East Coast Volumes Continue To Rise
Tuesday, September 10, 2019 - 4:01pm | 72As the trade war continues, shipping routes are changing. Routes to the East Coast are picking up. In our carrier update presented by AT&T Business, we analyze the outbound volumes of Elizabeth, NJ. Plus, Nick Austin tells us about some flooding potential in the Pacific Northwest.
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West Coast Volumes Poised To Rip
Tuesday, August 13, 2019 - 5:22pm | 824At the end of July FreightWaves asked a question that seemed almost counter-intuitive at the time – is the freight market starting to recover? When trucking carriers are shutting down at the highest rate in years and tender rejections are near all-time lows, one might be forgiven for thinking the...
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FreightWaves NOW: Volumes And Rates Across The Land
Tuesday, July 9, 2019 - 1:41pm | 31If volumes go down do rates always follow?
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Weekly Market Update: Volumes Take Pause For Easter
Friday, April 26, 2019 - 2:03pm | 639Freight volumes took a dive this past week as freight volumes took a mini vacation. The Outbound Tender Volume Index (OTVI) that measures national contracted freight volumes fell 4.8% compared to the previous week. From a year-over-year perspective, volumes are also off a similar 4.85% compared to...
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Weekly Market Update: Volumes Stable, Capacity Has A Hiccup
Friday, April 19, 2019 - 1:17pm | 735National freight volumes remain relatively flat this week as weekly volumes averaged 0.6% higher than last week. Tender rejection rates had a slight bump before retreating slightly. The increase was the first significant movement in months as they leaped 64 bps in a single day. With tender...
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FreightWaves NOW -February 6, 2019
Wednesday, February 6, 2019 - 6:04pm | 89On today's episode, Chad Prevost catches up with Nick Austin about the polar vortex and Michael Crosby about volume and tender rejections. Watch Now