Gain insight into freight market capacity and rate movements

SONAR high frequency data helps supply chain teams monitor & optimize their transportation spend.

The Average SONAR customer archives return on investment through four key areas

4-10% Transportation Cost Savings

Leading shippers see $10MM+ in savings opportunity when benchmarking and analyzing their current supply chain

Up to 5% Increase in Tender Acceptance

Improving route guide compliance is critical to maintaining savings, customer retention, and a strong carrier network

200+ Hours Saved Per Year

Transportation, finance, and procurement teams see greater alignment and gain operational efficiencies

2-4% Increase in Org-Wide Efficiency

Strengthened carrier relationships, greater transparency across the organization, improved forecasting, and increased performance

What's the SONAR ROI?

Use our calculator to find out.

Carrier
Shipper
Broker

Number of trucks*

Miles per day per driver*

Average rate per mile*
Cost dollar amount as a number (Ex: 1.65 for $1.65)

Number of loads per week*

Average cost per load*
Cost dollar amount as a number (Ex: 100 for $100)

Number of brokers*

Loads per broker per day*

Average margin per load*
Margin dollar amount as a number (Ex: 100 for $100)

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.

Boost Benchmarking and Reporting with High Frequency Data

Stay on top of supply and demand dynamics across all modes of transportation with SONAR’s best-in-class data and analytics.

Access data from over $200 billion of transportation invoices
See how fast freight volumes change across markets, lanes and regions
Gauge available capacity with confidence using Tender Rejection Indices

Grocery Chain Finds Millions in Savings

A regional grocer was searching for a way to:

Improve transportation purchasing efficiency
Reduce overall spending on applicable lanes
Mitigate service failures related to rates

Access exclusive tender data and identify cost-saving opportunities in your network

SONAR offers users the fastest truckload, intermodal, and ocean container data, collected at the point of booking, to provide granular insights into transportation costs and carrier service.

Analyze contract and spot rates paid out to carriers from freight invoices collected every night
Understand lane-level tender acceptance trends to hold carriers accountable
Identify opportunities for targeted mini-bids to reduce cost and improve service
Increase carrier compliance
Benchmark yourself against the market to create bottom line competitive advantages