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Contract Truck Rates Expected to Fall

an class="excerpt_part">...the Week will be archived on FreightWaves.com for future reference. SONAR aggregates data from hundreds of sources, presenting the data in charts and maps and providing commentary on what freight...an>

New home sales rise in July

an class="excerpt_part">...in 2024 compared to the same period in 2023. “Despite the monthly bump in new home sales data, higher rates continue to sideline buyers as housing affordability challenges remain,” said...an>

Port of L.A. Update

an class="excerpt_part">...be clear that U.S. consumer spending remains strong,” affirmed Seroka. “Even with a return to service-sector spending on travel, restaurants and ball games, retail sales and e-commerce remain robust.” https://www.freightwaves.com/news/los-angeles-port-braces-for-yantian-catch-up-peak-season-combo...an>

Port of L.A. Update

Propylene Inventory Rises

an class="excerpt_part">...demand for ethylene production rose only by 5% during Q1 2015, compared to Q4 2014, according to the most recent data from the American Fuel & Petrochemical Manufacturers. http://www.platts.com/latest-news/petrochemicals/houston/us-propanepropylene-stocks-build-jumps-38-on-21762345...an>

Container Traffic in CA

an class="excerpt_part">...ships scattered at anchor across California’s San Pedro Bay. As the Coast Guard footage paints the picture, the latest data from the Port of Los Angeles and from the Marine...an>

Propylene Inventory Rises

Propylene Inventories Rise

an class="excerpt_part">...stocks are 1.1 million barrels higher than the previous five year average. US stocks of propylene for nonfuel use fell 3,000 barrels week on week to 5.37 million barrels. http://www.platts.com/latest-news/petrochemicals/houston/usgc-propane-propylene-stocks-hit-record-on-rising-21634146...an>

Crude Surges

an class="excerpt_part">... — the benchmark gasoline contract — fell 0.9% to $1.64 a gallon. ICE gas oil changed hands at $450.25 a metric ton, up $3 from the previous settlement. http://www.marketwatch.com/story/crude-oil-rockets-to-near-50-a-barrel-as-data-hints-at-us-supply-drop-2016-05-25?link=sfmw_tw...an>

Trucking Issues

an class="excerpt_part">...by Google sister company Waymo have been delivering freight for Google’s data centers since early 2018, and Amazon is hauling cargo in autonomous trucks developed by the company Embark. With...an>