June State of Freight Market White Paper

In early June, at the Future of Supply Chain event in Atlanta, FreightWaves and SONAR founder and CEO, Craig Fuller and Head of Freight Market Intelligence, Zach Strickland, noted that the North American freight market is showing signs of improvement, with capacity and rates becoming more responsive to seasonality. Unlike in 2023, traditional disruptions like produce season and International Roadcheck Week are now having a noticeable impact on trucking capacity and spot rates. This year is looking a little different as the market seems to be responding to more seasonal norms.

Click below to access the full white paper recap.



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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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