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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Request a SONAR Demo.

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Using SONAR to Understand Local Markets and Seasonality

FreightWaves SONAR

Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends. Below are a few such tools to help you become your own local market expert. It’s a perennial top-three outbound market in the US due to its proximity to the nearby ports of Long Beach and Los Angeles.

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Why data is critical to freight routing guide compliance

FreightWaves SONAR

Routing guide failures are frequently caused by poor communication, misunderstandings, unclear guidelines, poor decision-making, outdated or missing data points, mismanagement of privately owned trucking fleets, and unavailability of automated tools and technology. Request a SONAR Demo. Request a SONAR SCI Demo.

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What data is available to track intermodal freight shipping rates

FreightWaves SONAR

One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Identifying current inbound and outbound rail volume rates in the current market. Predicted inbound and outbound fuel and maintenance budgeting needs. Request a SONAR Demo. Download the White Paper.

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SONAR Indices & Insights: See changes in capacity and a sense of shipping rates with the Weighted rejection index (WRI)

FreightWaves SONAR

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. Sign up for a demo here or by clicking the button below. . Request a SONAR Demo.

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Making your carrier sales team as powerful as your customer sales team

FreightWaves SONAR

Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. Using these tools can allow carrier representatives to book more loads and maximize the full potential of your carrier networks.

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Using SONAR alerts to help close freight sales with tender lead time index

FreightWaves SONAR

In this blog, we will dive into how you can use Outbound Tender Lead Time (OTLT) indexes to be alerted of the right time to make that call to close business with new customers and satisfy the relationship of new carrier relationships. If you are not a FreightWaves SONAR user, click below to schedule a demo. Request a SONAR Demo.

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