SONAR’s Lane Signal is a lane-by-lane freight rate forecasting app showing past, present and future rates, pricing power scores and a visual comparison of markets that impact your business. This powerful app has a quick and easy overview of the most volatile markets each day, with a brief description.
Lane Signal is the newest and most powerful freight market analytics app in SONAR. Deciphering data is simple with Lane Signal.
The Lane Signal dashboard shows current freight market rates, alongside historic and predictive freight rates for up to 12 months. What makes our data different? Our proprietary methods combine historical carrier rate data and tender transactions. Tenders are based on 85% of the contracted truckload market and rate data represents thousands of fleets, giving you accurate data, fast.
Proprietary algorithms score negotiating strength for shippers and carriers, showing current and previous values in easy to read pricing power gauges. Simply enter the origin and destination cities of the lane and the app does the rest of the work to compare routing costs.
Lane Signal populates freight rates with the option to include a fuel surcharge, giving you a more holistic view of the freight market. Easily toggle to the time frame and view that you need while referencing the geographical lane on the map above.
This powerful app provides an easy to read visual of the most volatile markets each day, including a brief description for faster analysis.
Analyze past, present, and future market data.
The new map allows you to make more informed decisions by uncovering HAUL strength all the way down to the Zip 3 granularity. Gaining access to real time data in smaller, more specific surrounding areas boosts the accuracy of your decisions.
After entering the O/D pair, the map will unlock data for the origin and destination as well as surrounding areas, with a rollover feature to breakdown mile-to-mile information.
SONAR subscribers can give others in their organizations access to Lane Signal, providing lane intelligence to all levels in the organization. Make sure every person on the floor has access to this simple intelligence system to give your team a competitive advantage. This new feature can be used as part of a subscriber’s API to easily transition data into your daily workflow.
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