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SONAR Indices & Insights: Use the RESL Index to measure retail sales trends to help predict shifts in the freight markets

FreightWaves SONAR

In this edition of “SONAR Indices & Insights,” the SONAR team will explain another index found within SONAR, the freight forecasting platform from FreightWaves. In this article, you learn what the RESL Index is, what it may tell various freight market participants, and what the RESL Index can do for each freight market participant.

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[INFOGRAPHIC] Asset-based freight carriers, lite and brokerage: what are the carrier model types

FreightWaves SONAR

(Graphics created by Emily Ricks) Understanding the nuances between freight carriers ’ business models can be confusing at best. However, some combine and fall within one another’s categories. Of course, it’s important to recognize that these categories are not identical to the four trucking carrier types.

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[WHITE PAPER] Ida in 12 SONAR charts

FreightWaves SONAR

There is never a good time for a Category 4 hurricane to make landfall, but what we heard repeatedly last week was that this hurricane could not have come at a worse time. But, the hurricane clearly led to further tightening in the truckload market as FEMA and other recovery efforts contributed to freight demand. Request a SONAR Demo.

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[INFOGRAPHIC] FreightWaves Scientific National Truckload Rates Per Mile show predictive freight rate accuracy

FreightWaves SONAR

Much of the debate over freight analytics rests on how well predictive analytics aligned with what was observed in the market. Observed] costs result when money is actually spent on the various supplies, services and other expense categories used by the business.” That’s the crux of predictive analytics in any industry. USA and FWSR28.USA

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What shippers need to know about how carriers price freight with historic, peer and market data

FreightWaves SONAR

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

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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. These are just a few of the myriad ways to track insights across the freight environment.

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7 Freight broker sales tips for setting the hook with prospects

FreightWaves SONAR

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . Using a hook shows that you are not just calling down a list of companies, but have done your research and might have something of value in freight broker sales to share with them. . 3: Freight data.

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