SONAR Indices & Insights: Measure whether shippers or carriers have control of freight pricing with SONAR’s Pricing Power Index
In today’s edition of “SONAR Indices & Insights,” the SONAR team will educate you about another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants are able to measure if freight pricing control lays in the hands of freight shippers or freight carriers. In this article, you […]
Pricing Tools, Predictive Rates, and The Ocean – Freight Forecasting (video)
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 the new SONAR 7.0 release and its new features, which include Lane Scorecard, Ocean Shipments Report and Reefer Rates (beta). Watch the episode below: Lane Scorecard can uncomplicate a […]
Why destination matters for freight rates
While origin matters for transportation rate forecasting, the destination is often times more important. The transportation rates for a backhaul destination are naturally higher than transportation rates for a headhaul market. This holds for all freight moved by truck, rail/intermodal, ocean or air.
How is freight priced? A dive into freight rates by mode of transit
Understanding freight cost per unit across different transportation modes is a key to determining what mode is the most cost-effective and timely to ship goods from point A to point B. With this information, a freight forecaster can then develop competitive requests for quotes (RFQ) and requests for pricing (RFP). Full-truckload is priced on a […]
