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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. This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply chain. Data accuracy can and does impact freight transportation in a significant way.

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Understanding spot rate trends is like having a crystal ball

FreightWaves SONAR

Today’s transportation industry leaders are aware of the importance of staying up to date on market movements. The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. Available NTI tickers include: NTI.USA – seven-day moving average.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. Major shippers and transporters have only so much space available to work within LTL shipping capacity.

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Building a bridge between ocean and domestic transportation markets

FreightWaves SONAR

Understanding ocean shipping trends is vital to understanding the freight flows in domestic transportation markets. Request a SONAR Demo. Request a SONAR SCI Demo. The post Building a bridge between ocean and domestic transportation markets appeared first on SONAR.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

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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 especially true when considering new carriers or using other modes of transportation. Request a SONAR Demo.

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5 Transportation Data and Insight Reports to Guide Freight Brokers

FreightWaves SONAR

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Part of that strategy lies in using the right transportation data, analysis and insightful reports, such as those provided within FreightWaves SONAR, to guide day-to-day operations.

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