Benchmark, analyze, monitor, and forecast your transportation spend with SONAR. Leverage industry leading data on rates, volumes, and capacity to reduce your transportation costs and avoid potential service risks to your supply chain. In addition to the fastest, most comprehensive global supply chain data available on the market, SONAR subscriptions are backed up by our Army of Experts — the industries most experienced team of industry professionals that offer a full suite of services to SONAR subscribers such as executive briefings on freight markets, custom market research projects, market and lane risk indicators, and more.
“The accessibility and the easy-to-use interface. All the data provided is really and beneficial, especially with the ongoing changes in the freight industry.”
Aziz M., Pricing Specialist
MW Logistics
“I mainly use the outbound and volume index. But now that you can look up rates – it’s excellent. The fact that you can zone in on specific markets is priceless.”
SONAR User
“I think the tender reject visibility is extremely helpful. The ocean data is also very helpful. I love the maps that show the height and color of specific markets that are trending up or down.”
Monte Cedillo, VP of Sales
PRIMO
“I like most of the features, OTVI and OTRI are charts we use the most and heat map.”
Marko Stanojevic, President
Eos Group, Inc.
This event, presented by Premier Trailer Leasing, is part of our monthly State of Freight webinar series that offers expert industry insights, previously made available only to subscribers of FreightWaves’ supply chain analytics and high-frequency data platform, SONAR.
FreightWaves SONAR and SCI have provided the packaging company’s transportation team with the ability to show leadership how it compared to the general market, identify opportunities for further cost savings and de-risk its transportation network when the freight market inevitably shifts once again.
Contract and spot rates move in tandem with each other. These shifts are a direct result of both freight market and overall economic trends. Understanding the differences between contract and spot markets can go a long way in helping folks navigate the freight market without losing sight of the bigger picture.
