Tender rejection rates stay elevated in mid-January
Mike Baudendistel
Pockets of tightness arise in Baltimore, Stockton, and Mobile This week’s SONAR Pricing Power Index (PPI): 50 – The freight market appears roughly in equilibrium, on average, with a balance...
Freight market begins to normalize as capacity returns
Mike Baudendistel
Rejection rates drop the most in the biggest markets This week’s SONAR Pricing Power Index (PPI): 50 – As capacity begins its return to the freight market, it appears roughly...
Data highlights a tighter freight market this holiday season
Mike Baudendistel
Signs point to a market that will be in carriers’ favor This week’s SONAR Pricing Power Index (PPI): 55 – The latest freight data suggests that the freight market is...
Tender rejection rates and spot rates rise further to fresh highs
Mike Baudendistel
While the impact of weather is unclear, changes are afoot This week’s SONAR Pricing Power Index (PPI): 55 – I am keeping this qualitative rating unchanged this week after increasing...
Market Surges to carriers’ favor, but is it only temporary?
Mike Baudendistel
Tender rejection rate hits YTD high, boosted by seasonality and capacity constraints. This week’s SONAR Pricing Power Index (PPI): 55 – The latest data suggests that the freight market is...
Weak truckload demand for mid- and longer-hauls hold back freight market This week’s SONAR Pricing Power Index (PPI): 45 – The freight market is approaching equilibrium. That rating remains unchanged...
New tender data highlights weak volume, but a market that’s close to balanced
Mike Baudendistel
SONAR Truckload Volume Index, down 3% y/y, more weighted toward stable sectors. This week’s SONAR Pricing Power Index (PPI): 45 – The freight market is approaching equilibrium. That rating remains...
Weak truckload demand for mid- and longer-hauls hold back freight market This week’s SONAR Pricing Power Index (PPI): 45 – The freight market is approaching equilibrium. That rating remains unchanged...
Spot rate and tender rejection rates trend higher. This week’s SONAR Pricing Power Index (PPI): 45 – The freight market is approaching equilibrium. That rating remains unchanged from the prior...
Labor issues, seasonality could cause the freight market to break out This week’s SONAR Pricing Power Index (PPI): 45 – The freight market is approaching equilibrium, as it stands...
Surge apparently driven by enforcement of immigration laws This week’s SONAR Pricing Power Index (PPI): 45 – The freight market is approaching equilibrium, although data is mixed by market sector,...
Requests to move loads down 5% from two weeks ago This week’s SONAR Pricing Power Index (PPI): 40 – The market slightly favors shippers, in general. That rating is unchanged...
