FreightWaves SONAR: The Fastest Freight Data on the Market

Secure rates based on booking data rather than invoice data

Carriers and brokers often need to know the rates for booking trucks at any given moment. Rates based on invoices and payments are usually too stale to serve that purpose. Whether to get instant quotes, book-it-now or win efficient mini-bids, transportation providers need the freshest rate data available.

FreightWaves SONAR’s spot rates and tender rejections are built from bookings in the last 24 hours, days before a load is picked up. Trucking rates and capacity information based on bookings data are faster than invoice or payments data and give brokers and carriers an edge when it comes to understanding movements in the market.

FreightWaves SONAR’s rates include:

  • Contract and spot rates for 800,000 lanes in North America
  • Adjustable fuel surcharges
  • High – medium – low rates with confidence scores and volatility metrics
  • Truckload rates built on more than $12 billion in transactions annually

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