Fragmenting freight markets and the domino effect (Video)

Freight Forecasting with Michael Vincent

Kyle Lintner, Principal and Managing Partner at K Ratio and Zach Strickland, FreightWaves’ Director of Freight Market Intelligence, join host Michael Vincent on this episode of Freight Forecasting. 

As a full-service risk management firm, K-Ratio provides solutions for shipper customers, carriers and 3PLs by implementing aligned strategies to reduce the price volatility associated with the movement of freight over the road. The company is comprised of a team of finance, mathematics and logistics experts to provide the analysis, advisory and execution services tailored to meet business objectives and remove price uncertainty.

Watch the episode below:

K-Ratio was named to the 2020 FreightWaves FreightTech 100 for its innovation and disruption in the freight industry. Additionally, K-Ratio was voted “Best In Show” for demonstrating its proprietary “card” service at FreightWaves LIVE: Chicago. The “card” is a visual representation of data extracted from a company’s transportation management software with the goal of showcasing data above biased storytelling and gut instincts. 

Among the topics they talk about are how do high-volume markets affect surrounding and cross-country markets? They also discuss the relevance of the latest economic data and what it tells us. The guys also discuss using SONAR’s outbound tender volume index (OTVI) by market and length of haul to determine effects on surrounding markets. Utilizing SONAR’s lane volumes, length of haul and Heat Maps, users can determine how one market’s conditions and trends can affect your base or home market if you are a shipper or carrier even if it is across the country. 

Know more, faster – and find just what you need with SONAR!

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By increasing the number of loaded miles per day your drivers drive by 1% and your rate per mile by $0.03 you will make more per week #WithSONAR.

#WithSONAR you can save up to per week through better bid negotiations and more effective management of your routing guide.

#WithSonar you can add 1 more load per person each day and increase $5 margin per load, earning your company an extra per week.

Disclaimer: Every company’s circumstances are unique. Fixed and variable expenses, market conditions and operational factors vary. Unforeseen events may also affect results. Calculated potential results reflect the consensus expectation of FreightWaves’ experts. Actual results may vary.

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