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Identifying freight market trends across all modes

FreightWaves SONAR

Short-haul volume growth shines a light on current trucking trends. Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. Current market conditions are among the most difficult that the industry has faced in recent years.

Trends 94
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Your Freight Rating Tool but Better

FreightWaves SONAR

If you were able to see current capacity trends, it would be much easier to understand if you were able to push the rate down or move on to another interested carrier to secure the best rate. For brokers, the Market Conditions map helps identify which outbound markets are showing overall increases in rates.

Tools 59
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Using SONAR to Understand Local Markets and Seasonality

FreightWaves SONAR

National market trends are good for understanding where we are in any given freight cycle, but they say little about specific markets where companies operate daily or need to plan around in the future. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends.

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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR.

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What data is available to track intermodal freight shipping rates

FreightWaves SONAR

Today’s shipping and transportation industry has changed in several ways, even over just the last few years. Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services. Request a SONAR Demo.

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Trade agreements and logistics data: why proactive planning always wins

FreightWaves SONAR

For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. And that’s a meaningful advantage in an industry where growth remains subjective and constantly under the threat of other competitors.

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[WHITE PAPER] Carrier asset utilization and allocation best practices to reduce operating costs

FreightWaves SONAR

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Industry expert guidance as a best practice.