Secure More Loads with Accurate Freight Pricing Data

Incorporate freight market data in your predictive models to make better deals.

Challenges Facing Brokers

  • Unable to secure freight bids
  • Inability to monitor and guarantee freight capacity
  • Lack of advanced technology to manage day-to-day workflows
  • Inadequate responses to customer needs

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 Data Intelligence for Brokers

Navigate freight volatility with the most accurate spot and benchmarked contract rates in the market. SONAR’s array of analytics and comprehensive freight market data helps brokers maximize freight margins, benchmark the freight market, and forecast contract and spot rates. Utilize SONAR’s high-frequency data to understand freight market conditions, trends, and take decisive action ahead of your competitors.

Maximize Margins with Actionable Market Insights

Brokers and 3PLs utilize SONAR data intelligence for a strategic advantage over companies that rely on freight invoice, loadboard, and internal data.

  • Leverage tender data with a point of sale spot rate data to recognize market shifts immediately
  • Capitalize on opportunities ahead of the competition
  • Scale business faster

See the Flow and Transfer of Freight Across the Nation

The SONAR data intelligence helps brokers and 3PLs increase margins with existing customers and grow revenue through new business opportunities.

  • See how fast freight volumes change across various lanes and regions
  • Accept or reject loads with confidence using Tender Rejection Indices
  • Use the Power Pricing Index to determine whether shippers or carriers have control of pricing in a market and adjust margins accordingly

Supply Chain Data and Visualizations

Uncover the most accurate information on volatility, rates and capacity.

Outbound Tender Volume Index

  • Analyze destination markets by lane
  • Determine if the volumes shipping from a market are short-, mid-, or long-haul loads
  • Optimize rates based on length of haul

Inbound Tender Volume Index

  • See the flow and transfer of freight
  • Measure market conditions in areas of interest as well as destination markets
  • Identify key markets to target

Want to know how you can use SONAR SCI to save time and secure more loads?

Request a demo to talk to an expert.