Outbound volume data provides capacity blueprint for logistics teams
The outbound tender volume data provided in FreightWaves SONAR allows companies across the supply chain to visualize freight movement, enabling them to anticipate market changes and respond appropriately.
3 big reasons CPG and retail companies rely on SONAR to improve supply chain management
A recent FreightWaves Research outlook says that 2023 is set to be one of the toughest economic environments that consumers have faced in numerous years.
Why automated truckload freight quotes are more accurate
When it comes to establishing truckload freight quotes for customers, it is essential to use automation to get the most accurate results and offer the most competitive freight rates. Transportation networks rely on timely rate estimates that are competitive while also being profitable. Creating quotes the old-fashioned way opens supply chains to several problems that […]
SONAR Indices & Insights: Measure diesel fuel price volatility and market impacts with FUELS and ULSD rack data
Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants, especially trucking carriers, rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations […]
Carriers are in agreement that the worst is yet to come, but why?
In a recent survey by FreightWaves Research, carriers agree that they aren’t confident that the fourth quarter will be more profitable than the third.
Research Corner: Do Consumers Maintain Momentum Through Q4?
As the famous adage goes, never doubt the American consumer. Throughout the pandemic, the American consumer has shown a willingness to spend but was also able to pay off tremendous amounts of debt thanks to stimulus payments provided by the government. Since the stimulus measures have expired, American consumers have shifted their spending habits back […]
Research Corner: Brokers Are Concerned About Retaining Top Customers
For freight brokers who are moving contract freight, it’s been a pretty good year so far. The good times won’t last forever, so cheers to you and enjoy the ride while it lasts. For brokers who are living the spot market life, it’s been a bumpy ride. For freight brokers competition is pivoting to price, […]
On The Spot: Where Does The Market Go From Here?
The freight market has been easing since March, but recent developments show that the contract market is finally starting to roll over. Contract rates currently sit at levels not experienced since January while spot rates continue to set new cycle lows. With contract rates ruling the roost, rejection rates are below 6% for the first […]
Research Corner: What Do Carriers Think Of AB5?
California’s AB5 has made for the kind of articles media outlets dream about. As it’s been litigated over the past couple of years, we’ve seen unions jostle with lobbyists, spirited protests slow commerce (see last month’s blockade at the Port of Oakland) and a larger ideological showdown that pits ideals of workers’ rights against the […]
Research Corner: Optimism In The Warehousing And LTL Markets
On The Spot: Pareto’s Law In The Top 50 Freight Markets
We’re reaching back into the old treasure chest of research reports this morning to dig out a classic from October 2020. The core of the report was based on how volumes affect lane pricing and volatility . In the paper FreightWaves confirmed the Top 25 freight markets represent 53.24% of outbound tender load volumes in the U.S. […]
Research Corner: Brokerage Margins Expanded In Q2, Why?
The second quarter was relatively strong for freight brokerages, both pure plays like C.H. Robinson and those within larger transportation companies like J.B. Hunt’s Integrated Capacity Solutions (ICS). As the freight market softened throughout the quarter, brokerages were largely able to expand margins as expected during the beginning of a down cycle. FreightWaves’ head of research […]
SONAR now has spot to contract rate spread
SONAR now contains a spot to contract rate spread index (RATES) to help users understand the short- and long-term relationships between transactional and long-term truckload pricing trends.
SONAR Container Atlas is a new maritime container shipping monitor
FreightWaves SONAR is adding to its upstream view of the supply chain with the expansion of its maritime visibility solution. SONAR Container Atlas, or SCA, provides a complete picture of container freight shipping patterns for freight bound for the U.S. SCA measures maritime container shipping activity by using three primary components: Ocean container spot rates, […]
FreightWaves’ National Trucking Index is the fastest, most accurate way to measure U.S. trucking activity
FreightWaves released the National Trucking Index (NTI) today, providing a benchmark that is dedicated to measuring the direction of the domestic truckload market. The NTI is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. This sector of the truckload market represents about 90% of all trucking […]
Benefits of Predictive Freight Rate Analytics
Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Old data can point to changing market conditions […]
How quickly the market turns
Earnings season is upon us and executives of publicly traded transportation companies are providing their results from the first quarter. They are also providing updates on current market conditions and what they see ahead. The first major player to report earnings was J.B. Hunt, the largest domestic intermodal player in the industry. As expected, earnings […]
How Edge Logistics uses FreightWaves SONAR to Automate Years of Tribal Knowledge
View the Full Case Study The COVID-19 pandemic brought unprecedented uncertainty to the freight market, sending freight rates from some of the lowest levels in recent years to record-high levels in just 18 months. When looking for partners, shippers are seeking those that actively participate in the freight market in addition to providing strong service […]
FreightWaves adds fuel data to SONAR SCI
FreightWaves has upgraded SONAR SCI to include fuel surcharge estimates at the lane level. FreightWaves is also adding the Global Supply Chain Pressure Index (GSCPI) to the SONAR platform.
Mutual Customers of TAI TMS and SONAR will have a new way to view SONAR data
Mutual customers of Tai TMS and FreightWaves SONAR have an easier viewing of SONAR data. The new partnership brings SONAR data right into Tai’s transportation management system (TMS), eliminating the need to toggle between multiple applications. Current SONAR customers who have a SONAR API subscription to our Capacity Market or Lane Scores and/or FW TRAC […]
