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Deficit Gap Narrows For Weekly US Rail Volumes
Thursday, June 25, 2020 - 11:02am | 797Read More...U.S. rail traffic on a weekly basis is still lower than the same period in 2019, although that gap is narrowing, particularly for intermodal volumes. U.S. rail volumes for the week ending June 20 totaled 457,278 carloads and intermodal units, a 12.9% decline from the same period in 2019 and a 1.8...
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Weekly Fuel Report: June 22, 2020
Tuesday, June 23, 2020 - 12:48pm | 90Read More...Learn more at SONAR.FreightWaves.com
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Trucking Markets: Capacity Tightness Spreads
Tuesday, June 23, 2020 - 11:49am | 362Read More...The question on every trucking carrier and freight broker's mind: "is this surge just normal seasonality, or something more?" Answering that question is difficult because of the number of unknown variables in the marketplace and how they interact. It's impossible to get a precise measure of...
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US Rail Volumes Inch Higher Sequentially
Thursday, June 18, 2020 - 5:12pm | 806Read More...U.S. weekly rail traffic inched higher sequentially last week as nationwide retail figures and housing starts showed glimmers of increased economic activity. U.S. rail volumes for the week ending June 13 totaled 449,291 carloads and intermodal units, which is 14.9% lower than the same period in...
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Daseke's Second Quarter Update Welcomed By Investors
Thursday, June 18, 2020 - 11:01am | 731Read More...Daseke Inc. (NASDAQ: DSKE) announced progress on a few key financial metrics. The company reported that it expects to be operating and free cash flow-positive and to "further strengthen" its liquidity position during the second quarter. In a June 18 press release, the nation's largest flatbed...
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Volatile US-Mexico Auto Industry Disrupts Border Trucking Capacity
Thursday, June 18, 2020 - 10:09am | 749Read More...As the coronavirus pandemic continues to hit auto supply chains hard, trucking capacity has been volatile at key ports of entry along the United States-Mexico border. In Laredo, Texas, outbound tender volume (OTVI.LRD) has fallen slightly over last week, while outbound tender rejections (OTRI.LRD...
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Weekly Fuel Report: June 8, 2020
Tuesday, June 16, 2020 - 12:47pm | 86Read More...Learn more at SONAR.FreightWaves.com
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Volumes Surge, Carriers Break Even And Seek Help From Tech
Tuesday, June 16, 2020 - 12:28pm | 975Read More...Make no mistake – freight volumes are on the rise, but the movement of goods appears to be rooted in warehouse and inventory redistribution instead of a consumer-facing activity. Rates are therefore still suppressed, and capacity remains loose. To improve their operations, carriers are accepting...
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Late Season Snowfall Heads To Northern Rockies
Tuesday, June 16, 2020 - 11:48am | 641Read More...A late-season snowstorm is about to slam areas of the northern Rockies tonight and Wednesday. Roads will be very slick, and truckers may need chains. SONAR Critical Events: Tuesday, June 16, 2020, 8 a.m. EDT; Northwest snowstorm A strong low-pressure system will continue to dump rainfall...
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Volumes Now Only 11% Off All-Time High, But Capacity Has Been Slow To React
Thursday, June 11, 2020 - 2:37pm | 2036Read More...Volumes now only 11% off all-time high, but capacity has been slow to react This week's DHL Supply Chain Pricing Power Index: 35 (Shippers) Last week's DHL Supply Chain Pricing Power Index: 30 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers) The DHL Supply...
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Have Rail Volumes Bottomed Out?
Thursday, June 11, 2020 - 10:07am | 809Read More...Rail volumes could rebound in the second half of the year, but the pace of a rebound will depend largely on consumer confidence, executives from several Class I railroads cautioned at recent investor conferences. There is still little visibility "in terms of how the consumer is going to reengage...
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Can Automotive Get Back In Gear?
Tuesday, June 9, 2020 - 4:58pm | 120Read More...On today's Midday Market Update, Michael Vincent and Kevin Hill are talking about the SONAR powered data, issues, and news that moves you. In this episode they're joined by Kyle Lintner, Principal and Managing Director at K-Ratio; Alan Adler, Detroit Bureau Chief at FreightWaves; and Market...
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US To Canada Truck Border Crossings Rebound
Thursday, June 4, 2020 - 2:05pm | 564Read More...The number of trucks crossing the U.S.-Canada border reached its highest level since late March, Canada Border Services Agency (CBSA) data shows. Nearly 86,000 truckers entered Canada from the U.S. during the week ending May 31. That represents a decline of almost 22% compared to a year ago, the...
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Decline In US Rail Volumes Slows
Thursday, June 4, 2020 - 10:06am | 958Read More...Despite double-digit percentage drops in May, U.S. rail volumes on a weekly basis have been narrowing their declines over the same periods in 2019 as North America slowly opens up following COVID-19 pandemic closures. Weekly U.S. rail traffic totaled 395,714 carloads and intermodal units for the...
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Nikola Powers Up And The State Of Supply Chains: Midday Market Update
Tuesday, June 2, 2020 - 5:20pm | 262Read More...On today's Midday Market Update, Michael Vincent and Kevin Hill are talking about the SONAR powered data, issues, and news that moves you. On this episode they're joined by Michael Ryan, Managing Partner The M. Ryan Group; John Kingston, editor-at-large, FreightWaves; and Market Experts Andrew...
