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Why data source matters to accurately and objectively assess the over the road trucking market

FreightWaves SONAR

The digital age has presented a wealth of opportunities for the over the road trucking market. This lagging freight data presents members of the freight market with several challenges, including longer lead time, inability to offer competitive freight rates and limited foresight. Outbound tender rejections.

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Why data is critical to freight routing guide compliance

FreightWaves SONAR

This is done by presenting in-depth insights in an effective manner, such as with an easy-to-view ticker lineup, such as seeing OTLT.USA compared to OTRI.USA side-by-side, but that can only go so far in helping to alleviate concerns with routing guide compliance. Request a SONAR Demo. Request a SONAR SCI Demo.

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[Chart of the Week] Transportation costs keep rising as service deteriorates: Carrier trucking compliance levels drop below 75% while rates increase 6% in February

FreightWaves SONAR

Chart of the Week : Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index , Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, Some mean reversion is imminent, but the national Outbound Tender Reject Index shot back over 28% this week, near its peak value around Thanksgiving of this past year.

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Playbook – How to handle rising transportation costs?

Log-hub

Handling rising transportation costs with Network Design Optimization Apps Within the Network Design App , we focus on optimizing the outbound process. The app provides a cost-optimal solution, emphasizing cost-based optimization for outbound activities. While mathematics is powerful, it may not always align with real-world scenarios.

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[Chart of the Week] Produce season comes early: February storm aftermath causes reefer capacity crunch ahead of schedule

FreightWaves SONAR

Chart of the Week: Reefer Outbound Tender Reject Index – USA, USDA Produce Truckload Spot Rate – Los Angeles to Dallas, Reefer Outbound Tender Reject Index – Los Angeles SONAR : ROTRI.USA, AGRATE.LAXDAL, ROTRI.LAX It is widely known at this point that the winter plunge that hit the central U.S. Request a SONAR Demo.

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Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

But having access to that information upfront, clearly and concisely presented as indices and insights, amounts to faster management and getting the most profits from all loads across all modes and through all lanes. Find out more about the possible insights that could help your business by requesting a SONAR demo online today.

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How quickly the market turns

FreightWaves SONAR

This backdrop presented a bright outlook for carriers during the first two months of 2022. FreightWaves SONAR, Outbound tender volume levels downward decline accelerates. This indicates that the spot market that once presented fruitful opportunities for carriers is starting to dry up. Request a SONAR Demo.

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