What is it? Capacity Trend scores translate tender volume and rejection data into a simple-to-use measure of capacity. The Capacity Trend algorithm detects structural pattern shifts in load balance and tender rejection activity, along with the velocity of change of those data points that are normalized for each market. The strength of those patterns tell a SONAR subscriber how favorable … Read More
Drewry World Container Index
What is it? The Drewry World Container Index is a composite of 40-foot ocean container freight rates on 8 major routes to/from the US, Europe and Asia as assessed by Drewry Maritime Research. This is primarily used as a benchmark for 40-foot ocean container spot rates across the various trade lanes that it represents. Trade Lanes Covered WCI.SHALAX – Shanghai … Read More
Intermodal contract savings versus truckload (IMCSI)
What is it? The percent difference between the domestic intermodal contract rate per mile (all-inclusive) and the truckload contract rate per mile (all-inclusive) on the same lane (i.e., same origin-destination pair). The Intermodal Savings Index tickers are derived from the SONAR contract rate data described here but with a key difference of these being calculated as all-in rates versus transportation … Read More
Trucks-in-market (TRUK)
Trucking Supply/Demand What is it? A daily index representing the number of trucks ending their day in one of the 135 markets based on telematics data such as ELDs. The base value is 100 which is based on the number of trucks in the market on April 1 of 2018. A value of 118 indicates that there are 18% more … Read More
Net revenue per truck per week (NETREV)
What is it? The net revenue per truck per week provides a measure of how well a carrier’s trucks are operating in a week-by-week view. A stronger NETREV indicates higher profitability and potentially more moves across all activities, as well as increased linehaul and accessorial revenue. This metric is part of the Truckload Carrier Association’s TPP Program. Formula: Percentage of … Read More
Ocean Shipments Report
What is the Ocean Shipments Report? The Ocean Shipments Report, also known as OSR, displays ocean container and shipment volumes 7 days in the future. The container volume is measured in TEUs (twenty-foot equivalent units), and shipment volumes represent bills of lading. The index represents the daily volume of twenty-foot equivalent unit (TEU) volumes being booked with ocean container lines … Read More
Ocean Shipments Index (OOSI/IOSI)
What is it? An index representing the daily shipment volumes being booked with ocean container lines for a specific country of origin, or a specific port within a country of origin. The date that is being used as the daily value is the Estimated Date of Departure (ETD) on each booking that has been confirmed by the ocean carrier as … Read More
Van/Reefer/Intermodal/LTL Contract Rate Per Mile Final (VCRPMF/RCRPMF/LTL)
Trucking Supply/Demand What is it? The average base rate (no fuel or accessorial charges) of mostly contracted freight volumes reported on a 14-day (Initial, 1) and varying period lags (Final, F) on a national level. They are segmented into van, reefer, intermodal, and Less-than-Truckload (LTL) modes. Van, reefer, and intermodal rates are expressed in a rate per mile, while LTL … Read More
Ocean TEUs Index (OOTI/IOTI)
What is it? An index representing the daily volume of twenty-foot equivalent unit (TEU) volumes being booked with ocean container lines for a specific country of origin, or a specific port within a country of origin. The index is calculated on a 10-day moving average, and is indexed to January 1st, 2019 using a baseline of 100 for each specific … Read More
Gross Fuel Expense (%) (GFEPCT)
What is it? The gross fuel expense percentage provides insight into the total fuel costs in comparison to total revenue. In this case, a lower GFEPCT indicates higher profit margins through lower fuel costs. Carriers reporting this data are members of the Truckload Carriers Association’s TPP Program Formula: Percentage of gross fuel expense = (gross fuel purchased + fuel additives … Read More
Gross Fuel Expense per Mile (GFEMIL)
What is it? The GFEMIL is an index that measures the total fuel consumption expenses associated with all moves and is expressed on a per-mile basis. That includes total fuel costs for purchasing rack fuel, fuel additives, diesel exhaust fluid and taxes. The formula applies to fleets of any size and provides an industry standard for benchmarking. Carriers reporting this … Read More
Truckstop.com Volume Index (TSTOPVV, TSTOPRV, TSTOPFV)
What is it ? Truckstop.com examined volumes for Van(TSTOPVV), Reefer(TSSTOPRV), and Flatbed(TSTOPFV) loads across the top 103 lanes in 2019. For each mode, the average weekly volume was set to an index value of 100. Any value below 100 would indicate that volume for that week was below the average for the same equipment type. Note that comparisons are only … Read More
VHAUL: Dry Van Headhaul Index
Market Volume Insights What is it? The Dry Van Headhaul Index (VHAUL) calculates the difference between the Dry Van Outbound Tender Volume Index (VOTVI) and the Dry Van Inbound Tender Volume Index (VITVI). The Dry Van Headhaul Index will calculate the difference between the two indices, and therefore, the difference between outbound and inbound volume in markets. Example: VOTVI.ATL was … Read More
RHAUL: Reefer Headhaul Index
Market Volume Insights What is it? The Reefer Headhaul Index (RHAUL) calculates the difference between the Reefer Outbound Tender Volume Index (ROTVI) and the Reefer Inbound Tender Volume Index (RITVI). The Reefer Headhaul Index will calculate the difference between the two indices, and therefore, the difference between outbound and inbound volume in markets. Example: ROTVI.ATL was 250 as of August … Read More
AIRUSD, AIREUR, and AIRLOC: Transportation Air Cargo Index Price to Ship Air Cargo
What is it? The TAC index for specific major global air cargo market lanes. Updated weekly. Represents a combination of contract and spot rates for general cargo used in the market for the previous week. Rates are expressed per kilogram in three currencies: US dollars, Euros, and local currency. Rates include applicable surcharges for fuel and security. The index names … Read More
Motor Vehicle Car Loans Outstanding ($B)
MVLO, MVLOG What is it? The consumer credit reports show outstanding credit extended for motor vehicle car loans. Who is interested? Analysts, investors, bankers, financial institutions What does it tell me? This shows the total amount of credit that is extended to households for motor vehicle loans. When credit utilization increases, consumers are typically confident in current and future economic … Read More
Total Consumer Credit Outstanding ($B), Revolving, Nonrevolving
CCO, CCOG, CCOR, CCORG, CCONR, CCONRG, What is it? The consumer credit reports show outstanding credit extended for household, family and other personal expenditures. This does not include loans secured by real estate. Revolving – Credit wherein a consumer is allowed to borrow up to a prearranged limit and repay the in one or more installments. This includes credit card … Read More
Inventory Sales Ratio
TBIS, TMIS, TMISG, TRIS, TRISG, TWIS, TWISG What is it? Total Business Inventory to Sales Ratio (TBIS) is the monthly ratio of inventory (end of month value) to monthly sales. These ratios can be looked at as indications of the number of months inventory that are on hand. i.e. An inventory/sales ratio of 2.5.` Who is interested? Analysts, High-level executives, … Read More
Chicago Fed National Activity Index
CFNAI, CFNAIG What is it? The Chicago Fed National Activity Index (CFNAI) is a monthly measure that gauges overall economic activity throughout the U.S. It uses a weighted average of 85 monthly indicators of national economic activity, including; production and income; employment, unemployment, and hours; personal consumption and housing; and sales, orders, and inventories. Who is interested? Economists, analysts, retailers, … Read More