[INFOGRAPHIC] How SONAR Signals gauge freight market volatility & provide actionable insights
...example, the freight rates consider these core indices from each point: Headhaul Index Inbound Tender Rejection Index Inbound Tender Volume Index The gauges not only show the Lane SONAR Signal...
Leverage freight data for confident demand planning
...above displays the Outbound Tender Reject Index, the average percentage of truckload shipments tendered by shippers which were then rejected by their contracted carriers. At the end of 2020 and...
Freight volume data a reliable proxy for health of ‘Main Street economy’
...the near-time volume insights they need to make proactive business decisions, regardless of how the market changes. In fact, the Inbound Tender Volume Index (ITVI) and the Outbound Tender Volume...
...on years of experience. This helps them reduce delays, dwell times, loading and unloading issues, and speeds up the entire shipping process by lowering tender rejections, increasing use of data...
How to make more accurate trucking spot rate predictions
...Index (OTRI) and Inbound Tender Rejection Index (ITRI) are crucial to determining trucking capacity for spot rate forecasts. Tender rejects are the most important indicator for capacity in any one...
FreightWaves SONAR Outbound Tender Volume Index (OTVI) FreightWaves SONAR Outbound Tender Volume Index (OTVI) is a measurement of electronic offers from shippers to truckload carriers for the transport of goods....
What is freight market intelligence and what can it do for brokers, shippers, carriers & 3PLs
...and inbound capacity, offering more competitive rates for tendered freight, and avoiding soaring tender rejections Carriers add value to operational efficiency through market data by offering the most competitive rates...
...regional, and local scale. Compare and contrast outbound tender volumes (OTVI) to outbound tender rejections (OTRI) to optimize freight rates. Learn More Rail, Intermodal, and Warehousing Data Keep freight moving...
FreightWaves SONAR Outbound Tender Reject Index (OTRI) FreightWaves SONAR Outbound Tender Rejection Index (OTRI) is an anonymized measurement of mid-sized to large truckload carriers’ willingness to accept the loads that...
High-frequency data points to ongoing demand surge
...demand surge did not impact rates or tender rejections, which are the usual indicators of demand increases. This indicates that there is still plenty of capacity in the market to...
[INFOGRAPHIC] Freight Shipping Data: Comparing the Gold Standard of Real-Time Data vs. Lagging, Stale Data
...available in real-time through electronic tender data SONAR data comes from a network of electronic tender data, as well as countless connections to some of the biggest repositories in the...
...in load volumes and rejection rates. This is most often measured by tendered load volumes and tendered rejection rates in a freight market. The changes day over day drive spot...
High-quality freight data is vital for supply chain automation
...a quote is returned above market and rejections are above 8%, then the shipment is tendered, but if a quote is returned above market and rejections are below 8%, a...
...budgets typically assume a fixed shipping cost based on the rates given by the primary carrier at a precise moment in time — no tender rejections, secondary or tertiary carriers,...
...any given day. Second, tender rejections rising past a key 7%-10% threshold always predict a similar move in the spot rate. But FreightWaves data goes back even further up the...
...market is hot and capacity is tightening, shippers risk higher tender rejections and nonperformance on their awarded freight and may experience delays and higher costs on the spot market. If...
[INFOGRAPHIC] The components of a freight routing guide
...to use, and whether a shipment can be rolled to another pickup date or other need. In turn, that reduces risk of tender rejection and reduces overhead costs. Labeling instructions...
SONAR highlight reel: China’s energy crisis is a significant freight demand risk
...7.5% from August-September levels. Meanwhile intermodal tender rejections have fallen in most locations and domestic intermodal spot rates are flattening at a high level. Unfortunately, international intermodal volume is falling...
Forecasting for freight capacity, so you can plan for today’s volume
...these elevated volume levels. Tender rejections are finally reaching levels that may suggest upward pressure on rates.” The use of data and analysis in the SONAR freight forecasting platform opens...
...tender rejection rates, which measure the rate at which carriers are rejecting requests for capacity from their customers, averaged near record low levels throughout the quarter. The Outbound Tender Reject...
