Business & Investment

FreightWaves SONAR adds intermodal savings and truck load (IMCS) ticker

The Intermodal Contract Savings Index (IMCSI) shows the transportation savings based on the intermodal and dry van truck loading contract rates. To ensure comparability between modes, the calculation only compares truck loading and intermodal rates for the same origin-destination pair. The IMCSI ticker is a collection of individual lanes.

In This Week’s SONAR, Freight Waves CEO Craig Fuller and FW Market Expert & Market Analyst’s Zach Strickland will discuss the release of the Intermodal Savings and Truck Road (IMCS) ticker, which shows the fluctuating difference between intermodal and dry van transportation costs. cargo.

The SONAR chart above shows the first and last reported savings. The length of the intermodal savings index and the subsequent hauling ticker is divided into initial and final values. The first value will be reported after 14 days and the final value will be reported after 56 days.

These indexes exclude very short length rail transport (movements less than 400 miles). This is because it is usually sent by truck. Fuels are traditionally cheap on rails, so prices are all inclusive for a clear comparison.

Initial report and final report

The first read shows the fastest view of information for making faster tactical decisions, at the expense of some of the integrity of the data. That’s about 50% of the total report.

The final reading provides the most complete view of savings when the sample size used for validation and historical reporting is large (> 70% of the total report).

Variations in transport length

The Intermodal Contract Savings Index is also offered for transports of different lengths to isolate the different differences between shorter and longer transport lanes at a more detailed level. Price differences between long mileage transfers tend to be greater than short mileage transfers, and there are significant differences between each mileage band. As the number of types increases, the price will be affected. At this time, these indexes are only available at the national level.

  • Short – 400-800 miles
  • Medium – 800-1200 miles
  • Long – 1200+
  • Intermodal savings, initial, transportation of all lengths – – IMCSI1.USA
  • Intermodal savings, final, transportation of all lengths – – IMCSF.USA
  • Intermodal savings, early, long distance – – LIMCSI1.USA
  • Intermodal savings, final long-distance transport – – LIMCSIF.USA
  • Intermodal savings, early, medium range – – MIMCSI1.USA
  • Intermodal savings, final, medium range – – MIMCSIF.USA
  • Intermodal savings, early, short distance – – SIMCSI1.USA
  • Intermodal savings, final, sprint – – SIMCSIF.USA

The length of transport variation can be viewed within LIMCSIF.USA, MIMCSIF.USA, and SIMCSIF.USA, respectively.

For example, the figure below further shows the savings relationship 56 days after traveling up to 30.85% on long intermodal shipments over 1,200 miles.

These latest tickers reflect Freight Waves’ commitment to providing the latest data insights on SONAR. Over all logistics concerns related to OTR freight and other modes of freight.

FreightWaves SONAR is the world’s fastest and most comprehensive cargo market data and analytics platform.These are just a few of the over 150,000 unique indexes Available to SONAR subscribers. Are you a FreightWaves SONAR user?Sign up for a free test drive Here..



FreightWaves SONAR adds intermodal savings and truck load (IMCS) ticker

https://www.freightwaves.com/news/freightwaves-sonar-adds-intermodal-savings-versus-truckload-tickers FreightWaves SONAR adds intermodal savings and truck load (IMCS) ticker

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