FreightWaves SONAR is constantly being upgraded and improved. New data is added weekly to help subscribers drive revenue, mitigate risk and protect margins.
Moreover, SONAR data scientists work diligently to secure additional data, test it and anonymize it for your use.
At the same time, SONAR customer success team members are available to help you use SONAR more effectively. Contact sonarsupport@freightwaves.com if you have a question or issue.
This week in SONAR we updated the Navigation Menu and also added a number of data updates.
Features Release
- Navigation Menu – A new section was added to the navigation bar, called Apps. This is easier for users to navigate, and will highlight new features. Apps include Alerts, Critical Events, Passport, and inGauge.
- My Pages will be above Global Pages, giving you quicker access your customized pages.
- Highway cameras will auto-populate as the user zooms and pans on the screen.
Data Releases
Housing Starts – now available in a year-over-year format. Housing starts tracks the number of new houses (in thousands) that builders began construction on in a month. The number is seasonally adjusted and organized into regions of the U.S. Housing starts are considered a key indicator of the economy because they have ties to manufacturing, banking, construction, raw materials and obviously real estate.
The Headhaul Index – variations excluding trips <100 and 250 miles. Because trucks traveling less than 100 miles do not leave a market, and trucks traveling less than 250 miles can easily re-enter a market the same day, variations of the Headhaul Index (HAUL) were created to exclude them from HAUL.
Autos – SONAR now provides an aggregate of the auto production numbers for all markets to create a total for the entire United States. This did not exist previously; now auto production can be compared to other macroeconomic tickers to create additional insight.
Futures Time Series (Futures 1 month out, 2 months out, etc) – these are tickers that display the continuous daily historical price time series for each individual contract month.
Platts Markets data – SONAR has added extensive new data from S&P Global Platts to provide even more information about the oil and fuels markets.
All previous SONAR release notes are available HERE. Learn more by using Sue Says in SONAR and clicking on the orca! As always, feel free to send in your questions.