Did you know? You can track the market share of each U.S. port in regard to all U.S. imports. What is it? Port Import Market Share (PIMS) – Port Import Market Share of U.S. Customs Maritime Import Shipments (PIMS). This is the market share that each U.S. port is capturing of the total U.S. Customs Maritime Import Shipments on a monthly basis. … Read More
Did you know? You can measure which direction the manufacturing segment is moving by using the Purchasing Managers Index. What is it? Purchasing Managers Index (ISM) – The Institute for Supply Management (ISM) is the largest not-for-profit professional supply management organization in the world. The Purchasing Managers’ Index (PMI) is a diffusion index published by the ISM that gives the direction … Read More
Did you know? You can track inbound and outbound Air Cargo Tonnage going forward for 12 weeks in SONAR? What is it? Inbound and Outbound Air Cargo Tonnage – The Air Cargo Capacity Index is a measure of the scheduled airline available tonnage capacity for passenger wide-body and freighter aircraft serving a market or an airport on an outbound (OACT) and … Read More
Did you know? You can monitor spot prices for 40-foot ocean containers across 12 major maritime lanes. What is it? Freightos Baltic Daily Index (FBXD) – The Freightos Baltic Daily Index measures the daily price movements of 40-foot containers in 12 major maritime lanes. It is expressed as an average price per 40-foot container (in US$). This index is the world’s only … Read More
Did you know? You can see domestic intermodal spot rates throughout the U.S. and easily compare them to truckload rates? What is it? Intermodal 53’ Container Spot Rates (INTRM) – This displays the weekly average door-to-door intermodal spot rates for 53’ containerized movements. The intermodal rates are presented on a per-mile basis, and SONAR users can see the weekly average for all … Read More
Did you know? You can see actual lane rates across the top 103 lanes by using SONAR’s Truckstop.com Rate indices What is it? Truckstop.com Rate Index – This is the 7-day all-in average rate along 103 of the most heavily trafficked lanes in the Truckstop.com Rate Analysis Tool database. The rates are available for Van (TSTOPVR), Reefer (TSTOPRR) and Flatbed (TSTOPFR) … Read More
Did you know? You can measure a shipper’s reaction to capacity changes with SONAR’s Outbound Tender Lead Times Index. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. It is expressed as a percentage of loads rejected to total loads tendered. OTRI can … Read More
Did you know? You can find trends and changes in spot market rates using Outbound Tender Rejection Rates. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. It is expressed as a percentage of loads rejected to total loads tendered. OTRI can be … Read More
Did you know? SONAR’s Outbound Tender Market Share Index can tell you how fast volumes are growing or declining in relation to the rest of the U.S. markets. What is it? Outbound Tender Market Share (OTMS): A relative index that measures the number of outbound tendered loads in individual markets in relation to total tendered load volume for the day in the … Read More
Did you know? You can measure trends and changes in Outbound Tender Rejection Rates based on length of haul. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. OTRI is expressed as a percentage of loads rejected to total loads tendered. OTRI … Read More
Yesterday we discussed length of haul differences with rejections;Today we’ll visit length of haul with Tender Volumes. What is it? Outbound Tender Volume Index (OTVI): An index of electronically tendered volumes on a given day. A tender is a load offer from a shipper to a trucking company that is sent electronically. These are actual loads and are transmitted a few … Read More
Did you know? You can measure long-haul capacity using Headhaul Indices – HAULEX100, and HAULEX250. What is it? Headhaul Index (HAUL): Calculates the difference between the Outbound Tender Volume Index (OTVI) and the Inbound Tender Volume Index (ITVI). By measuring the flow of outbound and inbound freight in a market, SONAR users are able to measure capacity based on the inbound … Read More
Did you know? You can measure trends and changes in Outbound Tender Rejection Rates based on length of haul. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. OTRI is expressed as a percentage of loads rejected to total loads tendered. OTRI … Read More
Did you know? Industrial production can be used to help identify freight activity within manufacturing. What is it? Industrial Production Index (IPRO) – The Federal Reserve releases a monthly index that covers the industrial sectors of manufacturing, mining and utilities. The industrial segment accounts for a significant portion of national output and feeds into freight movements, particularly, flatbed trailers. The Industrial Production … Read More
Did you know? You can track maritime import volumes for each U.S. port on a daily, weekly, and monthly basis. What is it? Customs Maritime Import Shipments (CSTM) – This displays data related to import shipments into the U.S. as reported by Customs and Border Patrol (CBP). This is the total number of import shipments and includes both containerized and non-containerized goods. Who … Read More
Did you know? You can quickly see the markets with the most significant capacity changes over the past week with the Weighted Rejection Index What is it? Weighted Rejection Index (WRI) – The Weighted Rejection Index combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). The purpose of this index is to quickly identify where rejections … Read More
Did you know? You can see daily containerized intermodal volume by container size, lane and market with SONAR’s ORAIL data. What is it? Outbound/Inbound Containerized Intermodal Volume (ORAIL/IRAIL) – is a daily series of the average containerized intermodal volume from the prior seven days. For example, if there were 700 intermodal containers moved between City A and City B in the past week, that lane shows … Read More
Did you know? SONAR’s Inbound Tender Volume Index can show you which markets the freight is delivering into, along with the trends and changes on inbound freight volumes. What is it? Inbound Tender Volume Index (ITVI): An index that measures the electronically tendered volumes based on the destination markets. Which markets are receiving the freight? A tender is a load … Read More
Did you know? You can pinpoint markets carriers are less willing to deliver to using Inbound Tender Rejection Rates. What is it? Inbound Tender Rejection Index (ITRI) rates are measurements of carriers’ willingness to deliver loads into a market that are tendered to them by shippers under contract terms. It is expressed as a percentage of loads rejected to total loads tendered. … Read More
Did you know? SONAR’s Headhaul Index is a great tool to measure changes in capacity. What is it? Headhaul Index (HAUL): Calculates the difference between the Outbound Tender Volume Index (OTVI) and the Inbound Tender Volume Index (ITVI). By measuring the flow of outbound and inbound freight in a market, SONAR users are able to measure capacity based on the … Read More