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Understanding spot rate trends is like having a crystal ball

FreightWaves SONAR

The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. Logistics industry conditions are inextricably linked to supply and demand trends in the overall economy, and spot rates are typically the first place those impacts become visible.

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[Infographic] The 10 trucking trends among carriers for 2021

FreightWaves SONAR

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

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Where Is the Freight?

FreightWaves SONAR

All of these indices contain data as far back as 2018, enabling you to see daily changes as well as historical yearly patterns and trends. Compared on the chart below are the rejection rates for the Phoenix, San Francisco, Lakeland and Detroit markets over the course of one year. The post Where Is the Freight?

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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Request a SONAR Demo.

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[INFOGRAPHIC] The tools carriers need to monitor unusual and inconsistent freight market activity

FreightWaves SONAR

And part of that means tracking real-time truck location, gauging market trends and much more. Real-time data analytics that determine trends and unusual or inconsistent conditions The only way the freight market can ensure that activity is monitored is by utilizing real-time data analytics. Request a SONAR Demo.

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. The best manufacturing supply chain teams can adapt and respond to changes in the market and use these trends to grow and improve their services. Request a SONAR Demo.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

The ramifications can yield long-term effects and without the ability to track data trends over time, contract procurement becomes extremely challenging and almost impossible to predict. Seeing the long-term trends over time provides shippers with more options and a better understanding of density. Request a SONAR Demo.