FreightWaves SONAR: Full shipment lifecycle market data vs TMS vendor and paid-only forecasting

Data has become an integral part of the supply chain network’s daily operations and is inseparable from the modern processes that govern procedures involved in transportation. Anything other than up-to-date, near-real-time freight data will make the work of the management team all the more difficult. And it can actually harm  the shipping and transportation process when inaccurate facts and insights govern critical decisions and judgment calls.

According to Forbes’s analytical experts, this is why vital supply chain intelligence and a practical data analysis process will be essential for continued growth and success. How data facilitates access, analysis and application can affect short-term and long-term actions. Accurate processing and predictive planning remain critical for precise market data and shipment lifecycle forecasting. To further drill into those needs, this white paper will explore:

  • The ways outdated data may harm supply chain management. 
  • The value of actionable, near-real-time data.
  • Applying lane-level data to understand strategic positioning and minimize risks. 

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What's the SONAR ROI?

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.

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White Papers
February 6, 2024

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

November 1, 2023

Index-Linked Contracts: A New Solution for Shippers’ Dissatisfaction with RFPs

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Catering to the winners – SONAR subscribers beat the market