Trucking rate relief in 2022? Not so fast

Truck

Shippers hoping for trucking rate relief in 2022 are going to be severely disappointed. The trucking freight market is one of the most volatile markets on the planet, especially since 2014. What is causing these massive swings? Supply and demand, naturally.  If you really want to understand the market’s rate direction, you must understand how […]

FreightWaves SONAR releases Capacity Trend Indices

FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. SONAR subscribers will be able to see those markets across the nation that have the most significant tightening or easing conditions. By using the indices in the daily work flow, subscribers can generate lower costs and improved profitability.

Prioritizing your day with SONAR – Freight Forecasting (video)

Freight Forecasting with Michael Vincent

Zach Strickland, FreightWaves’ Director of Freight Market Intelligence (and the “Sultan of SONAR”), joins Freight Forecasting host Michael Vincent on this episode. Zach and Michael discuss how shippers, carriers and brokers can (and many do) use FreightWaves SONAR to prioritize their days and make themselves more effective and efficient. Watch the Full Episode Below Michael […]

Charting Load Volumes and Capacity Fluctuations – Freight Forecasting (video)

Freight Forecasting with Michael Vincent

Anthony Smith, FreightWaves’ Lead Economist, and Zach Strickland, FreightWaves’ Director of Freight Market Intelligence, join Freight Forecasting host Michael Vincent on this episode. They talk about the state of current freight markets and how SONAR can be utilized to learn what the near-term future might hold. Watch the episode below: Michael, Zach and Anthony also […]

Forecasting Volumes and Capacity – Freight Forecasting (video)

Freight Forecasting with Michael Vincent

Freight Forecasting host Michael Vincent is joined by Zach Strickland, FreightWaves’ Director of Freight Market Intelligence. They discuss the apparent peak of freight volumes and how SONAR can help subscribers recognize the next hot market. SONAR’s billions of data points provide subscribers a wide variety of data sets so that they can focus on the […]

How do tender reject rates predict the freight economy?

Truck at dock

Tender rejections occur when a contracted carrier rejects an electronic load request from a shipper customer. FreightWaves SONAR measures the former via the outbound tender reject index (OTRI).  Carriers really only have two reasons for rejecting a contracted load. One, they do not have available capacity to service the request. Or, two, there are more […]

How to develop freight forecasts using SONAR

Forecasting trucking rates is one of the most important roles for all freight forecasters. Load volumes and truck capacity for individual markets are the primary drivers in developing freight forecasts. Each individual freight market has its own unique load demand and truck capacity cycles. These cycles are most often linked to seasonal demand patterns and the ratio of outbound to inbound freight volumes in each market.


White Papers
March 27, 2024

The State of Freight – March 2024

March 21, 2024

Take Demand Planning and Forecasting to the Next Level: An Introduction to Tender Data

February 6, 2024

Asleep at the Wheel: Shippers and the Freight Market Outlook for 2024