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Why data is critical to freight routing guide compliance

FreightWaves SONAR

Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.

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What data is available to track intermodal freight shipping rates

FreightWaves SONAR

Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Data access to see savings compared to truckload and other shipping methods. Data accuracy can and does impact freight transportation in a significant way.

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Looking at the data in FreightWaves SONAR to see the impact of Suez Canal Blockage

FreightWaves SONAR

See the Suez Canal Custom Report in SONAR to keep an eye on how the blockade will impact inbound shipments into US ports. The report includes the Drewry World Container Index (Shanghai to Rotterdam), the Inbound Ocean TEUs Volume Index for the Port of Savannah, Inbound TEU Volumes). Request a SONAR Demo.

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Freight Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. There is typically more demand for inbound truckloads into Detroit than outbound truckloads.

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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. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

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Bringing in freight lane-specific data best practices to allocate assets

FreightWaves SONAR

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

Data 52
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Bringing in freight lane-specific data best practices to allocate assets

FreightWaves SONAR

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike.

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