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Refrigerated Freight: How has freight market volatility impacted reefer contract rates?

FreightWaves SONAR

As one of the fastest-growing markets, some key factors to consider when managing refrigerated freight and how reefer contract rates have been impacted include these core areas of focus. The importance of shippers’ need to manage refrigerated freight more effectively during warmer months. This involves a couple of main things.

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SONAR Indices & Insights: Plan and Measure Refrigerated Shipping Capacity & Rates

FreightWaves SONAR

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. What are the available refrigerated shipping indices in SONAR? As load volumes increase, capacity tightens.

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Data analytics for logistics drives reefer efficiency via a real-time forecast

FreightWaves SONAR

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

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SONAR expands its reefer data

FreightWaves SONAR

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

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FreightWaves SONAR releases Capacity Trend Indices

FreightWaves SONAR

The scores are positioned on a scale from 1-100 and have values measuring van and refrigerated (reefer) capacity. Combine this data with the Capacity Trend Market Score and a subscriber will know there is an extreme lack of capacity in El Paso and that action is required to mitigate the potential of deteriorating service and rising costs.

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The Best Freight Brokers Use these 5 Questions when Prospecting

FreightWaves SONAR

Is it by dry van, refrigerated, flatbed, intermodal and/or ocean? FreightWaves SONAR provides the fastest freight market data in the world, across all major modes of traffic. Request a SONAR Demo. What percentage of your shipments would you say are expedited? . Shipping modes and lanes .

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How freight brokers can use SONAR to lower carbon emissions

FreightWaves SONAR

While many drivers turn off their trucks during detention, some trailer types like refrigerated units do not have that luxury. For example, if you are delivering a load in Atlanta, you should be asking the receiver how long their average load time is, as data shows the area tends to be higher than most of the country. SAY LESS.”.