Tai Software, FreightWaves SONAR team up to shape future of logistics industry
The logistics industry is overflowing with ambitious companies pursuing innovative ideas. A much smaller number of players, however, have what it takes to shape the way the industry operates on a grand scale. FreightWaves has accomplished that through SONAR, and the company is committed to partnering with other industry standouts working toward similar goals — […]
SONAR introduces improved market-level pricing methodology
FreightWaves SONAR recently unveiled an update designed to give users new ways to analyze data — especially pricing data.
Shifting freight patterns poised to drive up rates
Domestic transportation demand patterns continue to trek eastward, shaking up entrenched freight flows and positioning the market for future rate hikes.
High-frequency data points to ongoing demand surge
Up until this point, 2023 market shifts have more or less aligned with historic seasonal norms. A late-summer demand spike, however, is altogether unexpected.
SONAR recognized for superior customer satisfaction, strong market presence
A full 95% of SONAR users rated the freight market solution with high marks, leading to an overall rating of 4.5 stars.
Resources to help deepen your understanding of the freight market
In order to make a real difference, a motivation to better the industry must be coupled with a deep knowledge of the freight market.
Understanding spot rate trends is like having a crystal ball
The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends.
Data key to tackling forecasting challenges
Supply chain must be nimble to adapt to changing consumer, economic demands Since the COVID-19 pandemic, which exposed an already fragile global supply chain, companies have invested billions of dollars in technology, including digitization and artificial intelligence, in an attempt to speed up the flow of data to tackle ongoing forecast demand challenges. Businesses […]
ECON 101 – Freight Forecasting (video)
Anthony Smith, FreightWaves’ Lead Economist, joins Freight Forecasting host Michael Vincent to explain and illustrate the importance of economic factors and how they can have a great deal of influence on the freight markets and the various modes of freight movement. Anthony and Michael discuss Industrial Production and ISM Diffusion Indices. They also talk about […]
What factors drive the trucking freight economy?
Freight forecasters need to understand what drives the freight economy in order to forecast volumes, capacity and rates. Much like the general economy, the variables that drive the freight economy are too numerous to count. However, we can narrow down the principal factors to a select few that really move the needle. Many of these […]
