Minimize risk, maximize margin with the most transparent, consistent and reliable spot market data

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)

The FreightWaves Trusted Rate Assessment Consortium is made up of leading transportation providers who provide daily transactional data to FreightWaves via direct integrations. FreightWaves uses this data to publish dry van, refrigerated and flatbed spot rates on hundreds of thousands of lanes. This data is found in the FreightWaves SONAR application for transportation providers, Market Dashboard+, as well as our benchmarking tool for shippers, Supply Chain Intelligence (SCI). Finally, TRAC data is aggregated to build the National Truckload Indexes.

FreightWaves National Truckload Index (NTI)

FreightWaves’ Trusted Rate Assessment Consortium (TRAC) produces the National Truckload Index (NTI) spot rate, which can be used for benchmarking, analyzing, monitoring and forecasting rates for brokers, carriers and shippers. The NTI is built on data collected daily from a consortium of key market-driving companies adhering to the International Organization of Securities Commissions (IOSCO) standardized protocols. The NTI is constructed in accordance with a methodology and governance structure developed using best practices from the index provider industry.

Improved speed, granularity and opportunities

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.

Optimize Freight for Future Success

Reliable daily spot pricing and proprietary market data to give 3PLs, operators, and shippers the tools they need to be more effective, efficient, and profitable.

Get Ahead with Spot Rate Market Data

Transparency and consistency in spot market data to improve 3PL, carrier, and shipper inputs to data models, making their analysis and forecasts more reflective of market conditions.

Transact in the Spot Market with Confidence

A high-frequency view into the spot rates from major brokers in the industry, providing price transparency and peer benchmarking in a volatile, opaque spot market.

What makes FreightWaves TRAC rates different?

  • Data is collected at the time a load is covered or accepted by the carrier
  • Enhanced data science methodology eliminates biased data resulting in a more accurate lane representation and a truthful freight market view
  • TRAC rates are from the day before and are updated daily at 11:00 a.m. ET
  • Spot rate market data for over 650,000 unique van lanes, 300,000 unique reefer lanes, and KMA to KMA flatbed rates (Linehaul + Fuel)
  • Rates are weighted based on distance and time to prioritize the more recent loads that are closer to the precise O/D pair the user specifies. This is superior to simple geographic and temporal expansion techniques in which all rates are valued equally.

Enhanced Data Science Methodology for Increasing Operational Efficiency

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.

  • Leverage spot rates at tender to negotiate, buy, and sell capacity
  • Improve rate accuracy on lower-density lanes with weighted averaging technique
  • Upload your buy rates and benchmark against the consortium
  • Modern data connections to TRAC contributors ensure uptime and data integrity

Get Access to Single Source of Truth

FreightWaves TRAC provides the fastest and newest view of spot rates in the U.S. inside the SONAR Market Dashboard application. Combined with its database of millions of data points, SONAR has the most comprehensive view of the transportation markets available.

Spot Prices

See the most current rate for each data set above the chart in rate-per-mile format, showing the highest and lowest rates being aggregated for that lane.

Lane Insights

Get better insights into lane prices to spot opportunities in specific lanes.

Margin Calculator

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.

Rate Chart

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.

Lane List

Utilize Lane List to build an effective watchlist. Analyze the list and the most popular lanes.

Map

Track capacity conditions with real-time radar that provides market detail to assist with quick and profitable decision-making.

Better Data Means Better Deals

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 and benchmark your buy rates against peers.

Screenshot of SONAR Container Atlas navigation dashboard

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Want to know how you can use FreightWaves TRAC's high-frequency spot rate data to make an informed and profitable decision?

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