FULSDO: Forecasted Overnight Change in ULSD Rack Price

Hannah BlalockEnergy - Price

What is it? The Forecasted Overnight Change in ULSD Rack price is the difference (in cents) between the current rack price for a gallon of Ultra Low Sulfur Diesel (ULSD), and the forecasted price tomorrow. Based on more than a year of history, this forecast predicts the up/down direction correctly more than 90% of the time. This is more useful … Read More

FULSD: ULSD Next Day Rack Price

Hannah BlalockEnergy - Price

What is it? The Future ULSD data series is a projection on where the wholesale price of ultra low sulfur diesel–known also as the “rack” price–is likely to be posted in various markets around the U.S., based on trends in the market that the actual companies that post the rack price look to in making their decisions. Those prices are … Read More

VHAUL: Dry Van Headhaul Index

Hannah BlalockMarket Volume Insights

Market Volume Insights What is it? The Dry Van Headhaul Index (VHAUL) calculates the difference between the Dry Van Outbound Tender Volume Index (VOTVI) and the Dry Van Inbound Tender Volume Index (VITVI). The Dry Van Headhaul Index will calculate the difference between the two indices, and therefore, the difference between outbound and inbound volume in markets. Example: VOTVI.ATL was … Read More

RHAUL: Reefer Headhaul Index

Hannah BlalockMarket Volume Insights

Market Volume Insights What is it? The Reefer Headhaul Index (RHAUL) calculates the difference between the Reefer Outbound Tender Volume Index (ROTVI) and the Reefer Inbound Tender Volume Index (RITVI). The Reefer Headhaul Index will calculate the difference between the two indices, and therefore, the difference between outbound and inbound volume in markets. Example: ROTVI.ATL was 250 as of August … Read More

OAIRVOL/IAIRVOL: Outbound / Inbound Air Cargo Volume

Hannah BlalockAir

What is it? This is monthly cargo volume data on U.S. domestic and international flights that fly out of or into a U.S. airport. Cargo is reported in metric tons (i.e. 1,000 kgs or 2,204 lbs) for combined freight and mail traffic on each city pair and flight leg summed up for each month.   The data is reportable in SONAR … Read More

Index FREEZE: Freezing temperatures

Hannah BlalockWeather

What is it? The freezing temperatures index indicates where air temperatures have been at/below 32F and when they may be at/or below 32F in the future. Who is interested? Carriers, especially those with reefers in their fleets; drivers.  What does it tell me? FREEZE is a measure of the average observed temperature in a U.S. county for the 24-hour period … Read More

AIRUSD, AIREUR, and AIRLOC: Transportation Air Cargo Index Price to Ship Air Cargo

Hannah BlalockAir

What is it? The TAC index for specific major global air cargo market lanes. Updated weekly. Represents a combination of contract and spot rates for general cargo used in the market for the previous week.  Rates are expressed per kilogram in three currencies: US dollars, Euros, and local currency. Rates include applicable surcharges for fuel and security.  The index names … Read More

Mortgage Debt Outstanding ($B)

Hannah BlalockMacro Economic Indicators

MDO, MDOG What is it? The consumer credit reports show outstanding credit extended for mortgages. Who is interested? Analysts, investors, bankers, financial institutions What does it tell me? This shows the total amount of credit that is extended to households for mortgage loans. When utilization increases, consumers are typically confident in current and future economic conditions. Typically, this is consistent … Read More

Motor Vehicle Car Loans Outstanding ($B)

Hannah BlalockMacro Economic Indicators

MVLO, MVLOG What is it? The consumer credit reports show outstanding credit extended for motor vehicle car loans. Who is interested? Analysts, investors, bankers, financial institutions What does it tell me? This shows the total amount of credit that is extended to households for motor vehicle loans. When credit utilization increases, consumers are typically confident in current and future economic … Read More

Total Consumer Credit Outstanding ($B), Revolving, Nonrevolving

Hannah BlalockMacro Economic Indicators

CCO, CCOG, CCOR, CCORG, CCONR, CCONRG, What is it? The consumer credit reports show outstanding credit extended for household, family and other personal expenditures. This does not include loans secured by real estate. Revolving – Credit wherein a consumer is allowed to borrow up to a prearranged limit and repay the in one or more installments. This includes credit card … Read More

Inventory Sales Ratio

Hannah BlalockMacro Economic Indicators

TBIS, TMIS, TMISG, TRIS, TRISG, TWIS, TWISG What is it? Total Business Inventory to Sales Ratio (TBIS) is the monthly ratio of inventory (end of month value) to monthly sales. These ratios can be looked at as indications of the number of months inventory that are on hand. i.e. An inventory/sales ratio of 2.5.` Who is interested? Analysts, High-level executives, … Read More

Chicago Fed National Activity Index

Hannah BlalockMacro Economic Indicators

CFNAI, CFNAIG What is it? The Chicago Fed National Activity Index (CFNAI) is a monthly measure that gauges overall economic activity throughout the U.S. It uses a weighted average of 85 monthly indicators of national economic activity, including; production and income; employment, unemployment, and hours; personal consumption and housing; and sales, orders, and inventories. Who is interested? Economists, analysts, retailers, … Read More

Delinquency Rate on Credit Card Loans

Hannah BlalockMacro Economic Indicators

DRCC, DRCCG What is it? This is the measure of delinquent loans and leases that are past thirty days due or more. It includes those that are still accruing interest and in nonaccrual status. This is calculated on a quarterly basis. Who is interested? Economists, analysts, retailers, investors, policymakers What does it tell me? Credit card delinquency rates give insight … Read More

Household Debt Service Payments – Percent of Disposable Personal Income

Hannah BlalockMacro Economic Indicators

HDP, HDPG What is it? The household to debt ratio is an approximation of the ratio of debt payments to disposable personal income Who is interested? Economists, analysts, retailers, investors, policymakers What does it tell me? The movements in the household debt levels have implications for spending for consumers. Consumer activity is a major factor in economic growth. When debt … Read More

Regional Surveys of Business Activity

Hannah BlalockMacro Economic Indicators

PFICA, PFIFA, PFICAG, PFIFAG, ESMICC, ESMIFC, ESMICCG, ESMIFCG, DFICA, DFIFA, DFICAG, DFIFAG What is it? The Regional Surveys of Business activity are monthly surveys sent to manufacturing, wholesale, retail, and service firms. Each survey is built around the profile of businesses within their respective regions. Who is interested? Economists, employers, prospective employees, investors, policymakers What does it tell me? The … Read More

Weekly Jobless Claims

Hannah BlalockMacro Economic Indicators

WJC.USA, WJCG.USA What is it? Claims for unemployment are used as a barometer for the pace of layoffs in the general economy. The weekly results for the applications can be volatile, so the four-week moving average is used to detect underlying trends. Some investors use Jobless Claims to build out their outlook for economic performance and conditions. Who is interested? … Read More

Index IRAILMS

Hannah BlalockRail/Intermodal

Index Name: Inbound Rail Market Share What is it? The portion of container shipments on railroad that arrived inbound to a particular market during the prior seven days. IRAILMS is broken down between loaded and empty: IRAILMSL and IRAILMSE. Who is interested? Railroads, railroad shippers, intermodal marketing companies, drayage companies, freight brokerage companies, analysts What does it tell me? IRAILMS … Read More

Index ORAILMS

Hannah BlalockRail/Intermodal

Index Name: Outbound Rail Market Share What is it? The portion of container shipments on railroad that departed outbound from a particular market during the prior seven days. ORAILMS is broken down between loaded and empty: ORAILMSL and ORAILMSE.  Who is interested? Railroads, railroad shippers, intermodal marketing companies, drayage companies, freight brokerage companies, analysts What does it tell me? ORAILMS … Read More

Weighted Rejection Index

FreightWaves Customer SuccessTrucking Supply/Demand

What is it? The Weighted Rejection Index (WRI) is the product of Outbound Tender Market Share (OTMS) and Outbound Tender Rejection Index Weekly Change (OTRIW) for an individual market. The formula is:  OTMS x OTRIW = WRI For example Atlanta’s Outbound Tender Market Share value is 4% and outbound rejections increased from 3% to 5% over the past seven days. … Read More

Intermodal Spread – China North American East-West Spread

FreightWaves Customer SuccessRail/Intermodal

What is it? IMSPRD.PANA measures the difference between the all-in rates to ship goods from China to the Midwest through West Coast ports and East Coast ports. Specifically, we combine daily maritime container spot rates and weekly intermodal spot rates to compare the costs of moving freight from China to Chicago on different lanes. IMSPRD.PANA is calculated by adding FBXD.CNAE … Read More