Rate deals and spikes don’t last forever, and smart industry players know caring for the partners who will sustain them when the market inevitably shifts is mission-critical. The post Sustainable freight and logistics vital as capacity correction looms appeared first on FreightWaves.
New contract rate per mile and ocean TEUs indices help SONAR subscribers
Freight markets are always changing – that is why brokers, shippers, carriers, analysts and others subscribe to FreightWaves SONAR, the freight forecasting platform with the most current data and insights.
Two recently added SONAR indices that are proving useful to SONAR subscribers are the Contract Rate Per Mile Final Index, which is available for dry van, reefer, less-than-truckload (LTL) and intermodal modes; and the Ocean TEUs Index, which shows the daily volume of twenty-foot equivalent units (TEU) being booked with ocean container lines for a specific country of origin, or a specific port within a country of origin.