Optimize freight cost and service in your network with high-frequency data for automotive manufacturers

Forecast capacity trends and keep freight moving
Screenshot of a SONAR dashboard displaying Outbound Tender Volume Index

Challenges Facing Automotive Manufacturers and Shippers

  • Logistics cost management
  • Complex, multimodal supply chains vulnerable to disruption
  • Overreliance on lagging macroeconomic data

What's the SONAR ROI?

Use our calculator to find out.

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.

SONAR Supply Chain Intelligence for Automotive Shippers

SONAR’s data intelligence benefits shippers in all modes of transportation. Tackle day-to-day business decisions with more confidence. SONAR’s best-in-class data and analytics help automotive shippers monitor carrier networks to optimize transportation spend and improve operational performance. Utilize SONAR data intelligence and automotive supply chain analytics to develop a more accurate and dependable supply chain strategy and forecast disruption. Stay on top of supply and demand dynamics across all modes of transportation.

Hold carriers accountable for cost and service on a lane-by-lane basis

Automotive suppliers and OEMs can save millions of dollars by applying high-frequency freight market data to their own transportation networks to understand where their rates paid and carrier service levels are out of step with the broader market. FreightWaves SONAR’s automotive industry data makes it possible for automotive shippers to monitor rates, capacity and volume in multiple modes of transportation, from ocean containers and air cargo to truckload. 

SONAR produces the fastest truckload, air cargo and ocean container data, collected at the point of booking, to give automotive supply chain leaders an edge:

  • Price, volume and capacity trends in multiple modes of transportation
  • Dwell times and delays at the market level
  • Automatically identify opportunities in your network for cost savings and service improvements
image of a SONAR market dashboard from Dallas, TX to Chicago, IL
Freight Waves dashboard for improving retail logistics

Upgrade your freight procurement processes with high-frequency data

FreightWaves SONAR provides the fastest view of global freight markets, allowing automotive manufacturers and shippers to make strategic and tactical decisions about ordering, network design, freight procurement and modal strategy. 

  • Ingest contract and spot rates built from transactions in the past 24 hours
  • Hold your carriers accountable for cost and service
  • Anticipate market inflection points and procure freight accordingly.

 

Quickly visualize geospatial transaction data to get a clear picture of your network performance

Gain visibility of your operations with a clearer picture of your freight, carriers and performance.

Summary View

Summary View provides a control-tower-level dashboard of all uploaded lanes and summarizes:

  • Potential freight savings
  • Load count
  • Carbon footprint
  • Miles
Screenshot of a SONAR dashboard displaying supply chain intelligence (SCI)

Opportunity View

Opportunity View outlines total freight spend risks and opportunities:

  • Highlights lanes with favorable capacity conditions
  • Pinpoints lanes contracted at higher or lower than market average rates
  • Identifies “quick win” options
image of a SONAR SCI list

Want to learn more about using SONAR SCI to improve network reliability and control costs?

Request a demo to talk with an expert.
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