Freight Volumes Plummeting As Fast As They Soared

This week’s DHL Supply Chain Pricing Power Index: 60 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 65 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 40 (Shippers)

The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Both freight volumes and tender rejections are falling as fast as they rose. While both remain elevated above what we would expect for this time of the year, the indices are poised to plummet further in April. Economic data is abysmal – initial weekly jobless claims came in …

Continue https://finance.yahoo.com/news/freight-volumes-plummeting-fast-soared-200052843.html

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