Tender rejection rates have surged to 8.36%, marking the highest point since June 2022 and a massive one-week surge of 190 basis points. This is the sharpest increase in a […]
SONAR’s latest release introduces a game-changing feature: the National Insights Landing page. This powerful tool provides a comprehensive overview of the freight market, highlighting shifts in capacity, demand and fuel prices. The intuitive interface spotlights weekly top-moving markets, allowing users to quickly identify trends and opportunities.
Tender rejection rate rises as holidays approach The tender rejection rate has risen steadily since early October despite tender volume declining. That implies that capacity is leaving the market, which […]
The SONAR National Truckload Index (NTI) has reached levels not seen in nearly two years, surging from $2.38 per mile to $2.52. The last time truckload spot rates were this high was on Jan. 23, 2023.
With 2024 drawing to a close, team leaders at SONAR discussed during a Thursday webinar the top enhancements made to the logistics data platform.
In a significant advancement for the freight brokerage industry, SONAR, the leading provider of high-frequency freight market data, has unveiled the Coverage Guide, an AI-powered offering within its new Broker Tool Kit. This cutting-edge application aims to simplify the complex decision-making process for freight brokers, enhancing efficiency and profitability.
FreightWaves CEO expects rates to increase 4%+ in 2025.
SONAR shows carriers turning down more than 20% of outbound Ontario loads.
SONAR data will power Transfix’s predictive rating models for freight brokers.
It’s that time of year – retail news abounds on FreightWaves and elsewhere I thought Target’s management team put it well last week as it now describes consumers as “resourceful,” […]
Data platform now provides LTL rates by class and intermodal contract rates by lane.
FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton.
Tender rejection rates rise for reefer, but remain muted for dry van, suggesting supply and demand in the reefer segment is much more balanced.
Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.
Fast, accurate freight market data is critical in periods of volatility.
Even a short work stoppage by the ILA would greatly disrupt freight networks. SONAR charts show evidence of shippers looking to avoid getting caught in a potential ILA strike which has impacts on maritime, rail intermodal and truckload data.
The partnership between FreightWaves SONAR and WeatherOptics will provide SONAR users with up-to-date information about environmental risks and weather impacts to their supply chains.
The industry-leading SONAR data platform announces a number of new releases and enhancements live at the Future of Supply Chain.
SONAR, the leader in freight market intelligence, today announces the availability of flatbed pricing data directly within the user interface of its Market Dashboard+ application.
In competitive lanes, loads shift from rail to road.
While supply chains remain uncertain, here’s how SONAR can help freight keep the status quo.
While the world around us slowed down to enjoy the holidays, the SONAR team was hard at work building a foundation for the biggest year yet in product delivery.
FreightWaves Inc. is divesting its media arm to focus on its high-frequency data offering, SONAR. FreightWaves media is being acquired by its founder, Craig Fuller, and merged into FLYING Media Group (FMG). FMG will be renamed Firecrown.
Shippers’ mood has been buoyed by positive economic prospects for the U.S., while brokers and carriers are encouraged by a possible market shift.
The conflict in the Middle East may have late-year implications for the domestic transportation market.
There’s no debate that the freight industry is hurting right now, but it’s not because volume is low. We have an oversupply of trucks.
As more and more companies partner with FreightWaves to revolutionize the way they look at their supply chains, new and unique applications arise that create growth opportunities. The SONAR team […]
Shippers have rebounded in Q4 2023 to once again be the most positive segment. Carriers and brokers have lost some of the steam that led to relative optimism in Q3.
FreightWaves, the leading provider of freight market intelligence, and Decision Spot, a provider of strategic supply chain planning and design software, are pleased to announce a partnership to integrate FreightWaves SONAR TRAC Spot Rates into Decision Spot’s platform.
Dozens of household names are already using this new way to book trucking capacity in a way that reflects the larger market.
SONAR’s Container Atlas shows new booking volumes plummeting over 35% from their Aug. 1 peak, a key indicator that U.S. import demand is rapidly deteriorating. (Photo: Jim Allen/FreightWaves)
SONAR has added three new data sets to our vast array of market data.
The latest FreightWaves SONAR release gives users the ability to customize outputs based on rate per mile versus flat rates and to quickly retrieve 90-day moving averages for contract rates.
For the first time since freight sentiment index inception, shippers are the least positive group. Does that mean the market is balancing?
Ocean carriers are steadily losing pricing power on the trans-Pacific as China to U.S. demand peaks for the second half of 2023.
In a market where capacity is abundant, it is difficult to identify underlying shifts in demand.
U.S. import demand is likely peaking and could soon begin a steady decline toward a “new” bottom in the back half of 2023.
Softening demand in an excess of vessel capacity is putting tremendous downwards pressure on ocean container spot rates.
FreightWaves SONAR has launched the Index-Linked Contracts solution to help shippers and carriers get consistent service and volumes.
Users of Container Atlas can streamline their global supply chains with cutting-edge ocean freight analytics.
Redwood Logistics and FreightWaves have partnered to unlock the SONAR freight market intelligence platform for OTM users.
An unprecedented level of caution among importers likely to cause further declines in import volumes.
Further downside risks to the U.S. economy are increasing the odds of a further decline in containerized import volumes.
FreightWaves is giving free access to integrated SONAR data for a limited time in applications that brokers, carriers and shippers use every day.
The Q2 Freight Sentiment Indexes show carriers lower, brokers higher and shippers about the same despite ample pricing power.
FreightWaves SONAR has added several features to increase pricing efficiency and strategy effectiveness for transportation teams everywhere.
Atlassys TMS, a Georgia-based transportation management system provider, has announced it has integrated FreightWaves TRAC truckload spot rates into its software. The integration, which is now live and available to […]
FreightWaves, the leading price reporting agency to the North American freight market and provider of high-frequency global supply chain data, boosted year-over-year revenue growth in the fourth quarter.
There are encouraging signs that demand is returning to the U.S. trucking market, based on high-frequency truckload volume data from FreightWaves SONAR.
A FreightWaves webinar featuring CEO Craig Fuller looked at the current state of the freight market.
FreightWaves has announced that its TRAC spot rates have been integrated into FreightFriend, a truckload procurement platform.
Early freight data and channel checks would suggest the freight market could be stabilizing and clearer skies are ahead.
Debate on whether we are in a freight recession has been raging since the first quarter of 2022. The conclusion is now obvious: Freight volumes have collapsed this year, dragging down spot rates with them.
FreightWaves has announced that SONAR customers can now see Canadian data within the Supply Chain Intelligence (SCI) platform.
FreightWaves SONAR recently released two new market analysis tools that provide lane-level rate benchmarking capabilities and insight into the future state of the domestic truckload spot market.
Market data will enhance multiplayer experience for shippers and carriers collaborating on GoodShip.
A recent FreightWaves Research survey found strong consensus among carriers and brokers/3PLs that spot rates are still a few months from hitting bottom, but that they’ll start to climb again in the second half of 2023.
FreightWaves and ZUUM are partnering to make SONAR data available to mutual customers.
An overview of Day 2 of F3: Future of Freight Festival.
FreightWaves and Revenova announce a partnership that will benefit mutual customers.
FreightWaves and Hubtek are partnering to offer SONAR data in Hubtek’s TABi Connect.
FreightWaves announces a new Chief Revenue Officer and its Q2 earnings.
FreightWaves SONAR data can be indispensable, particularly in this environment.
