Access FreightWaves Trusted Rate Assessment Consortium (TRAC) for more accurate information on volatility, rates, and capacity to improve your margins and better contract negotiation.
FreightWaves Trusted Rate Assessment Consortium (TRAC) spot rates can be used for benchmarking, analyzing, monitoring, and forecasting rates for brokers, carriers, and shippers. FreightWaves TRAC collects data daily from a consortium of key market-driving companies adhering to a standardized protocol. With the International Organization of Securities Commissions (IOSCO) compliance, the FreightWaves TRAC Spot Rate methodology uses high-frequency data to provide better insights into freight pricing and help you make profitable decisions.
Freight brokers, 3PLs, carriers, shippers, and others rely on FreightWaves Trusted Rate Assessment Consortium (TRAC) to access the high-frequency and accurate pricing data to secure more loads and to outbid and out-earn competitors.
Most current industry providers have stagnant rates that do not represent a lane’s current conditions. FreightWaves’ unique combination of data scientists and industry experts have collaborated to improve spot rate reporting and eliminate some of the long-standing issues with rate data.
FreightWaves TRAC provides the fastest and newest view of spot rates in the U.S. inside the SONR Market Dashboard application. Combined with its database of millions of data points, SONAR has the most comprehensive view of the transportation markets available.
Get better insights into lane prices to spot opportunities in specific lanes.
This data brings in the various rates and the calculated miles to show an all-in buy and sell rate based on various user-defined parameters.
A time-based chart reflecting the daily rate-per-mile for a chosen lane and equipment type with the combinations of FreightWaves TRAC spot rates and long-standing scientific rates.
Utilize Lane List to build an effective watchlist. Analyze the list and the most popular lanes.
Track capacity conditions with real-time radar that provides market detail to assist with quick and profitable decision-making.
FreightWaves TRAC provides you with the fastest data and cleanest insights into the freight market. Make quick, confident decisions to improve your bottom line. Utilize the comprehensive Market Dashboard + FreightWaves TRAC to create real-time spot rate predictions and a dynamic spot rate forecast.