Using SONAR, you can: develop freight market forecasts; project freight rates, fuel and operating costs; equipment values; and market activity – for the next 24 hours and/or for up to a year.
SONAR's comprehensive and real-time data from across global freight markets is combined with the most powerful forecasting tools in the industry, providing users with the freight market intelligence essential to proactively manage their business. Forecast market volatility, rates, fuel costs, or port congestion across the country or around the globe – to name just a few.
Managing your supply chain just got simpler. Having near-time data with SONAR's tender data and also having real-time freight rates with SONAR's Freight Rate Predictor helps you make clear and decisive decisions, fast!
Forecast future market conditions to maximize margin. Develop rate forecasts for up to a year.
In addition to forecasting trucking spot and contract rates, SONAR provides overnight forecasts of fuel, mid- and long-term forecasts on equipment values and total cost of ownership (TCO).
Develop budget forecasts of transportation spend. Protect your supply chain from disruptions due to routing guide failure and future carrier rejections. Create a logistics rate forecast across all modes.
Develop forecasts for freight spend across all modes. Ensure that your customer quotes are protected from unanticipated carrier rate increases.