Real-Time Intelligence for Global Supply Chains
Bringing market data and transparency to all parts of the freight ecosystem to yield better decision-making and performance
High-frequency supply chain intelligence and freight market data for global logistics management
FreightWaves SONAR is dedicated to helping businesses understand and navigate the global supply chain. Our mission is to bring market intelligence and transparency to all parts of the ecosystem to yield better decision-making and performance. SONAR provides high-frequency data and visibility into the freight marketplace — at local, state, national and global levels. FreightWaves SONAR’s price, demand and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor and forecast the global physical economy.
How does the SONAR supply chain intelligence platform work?
SONAR is the high-frequency freight market intelligence platform dedicated to powering businesses in the supply chain. SONAR provides users with exclusive, near real-time trucking, railroad, ocean and air freight transportation data and actionable intelligence, as well as the ability to benchmark, analyze, monitor and forecast your network against the market.
Benchmark
Measure freight spend and carrier service, spot rates, operational efficiency and profitability against market dynamics.
Analyze
Access supply chain data and visualizations across all transportation modes at the global, national and local level.
Monitor
Identify opportunities to optimize your network and see emerging market trends before the competition.
Forecast
Predict rates and capacity, minimize service failures and build strong partnerships.
Access granular freight market data including contract and spot rates, as well as truckload volumes and tender acceptance.
Easily build and share custom supply chain data dashboards.
Fast supply chain intelligence where you need it.
Bridge the gap between freight market data and decisions
SONAR offers a suite of products and features designed for quick and confident decision making when it comes to balancing transportation spend and performance. It comes with an easy-to-use interface for numerous integrations into TMS and ERP software systems. Configure your insights and workflows using your systems or the SONAR interface to fit your team’s needs.
Maximize your margins
Utilize FreightWaves TRAC to improve spot truckload pricing, bidding, benchmarking and forecasting using the fastest data from more thousands of lanes.
Leverage upstream ocean container data
Use the Container Atlas dashboard to navigate supply and demand dynamics in ocean markets to make informed and profitable decisions.
Streamline operations with integrations
Use SONAR API to plug into your existing tech stack with our proprietary data to provide the most accurate information for your business.
See the big picture
Use Market Dashboard+ to benchmark, monitor and analyze your entire network in one strategic dashboard.
Watch what matters
Use watchlists to keep track of your key market areas and stay ahead of the curve.
Track market trends
Use Market Dashboard and charts to get data on the lanes and metrics that matter most to your business.
Forecast freight rates
Use the NTI (National Truckload Index) scientific algorithm to see current and future rates up to 28 days in advance.
Simplify your RFP process
Use SONAR SCI to target optimal transportation cost thresholds while maintaining service levels.
Optimize transportation spend and service
Use SONAR SCI high-frequency contract and spot rate data to benchmark against peers and balance spend and service.
Trusted by industry leaders
The results are undeniable
“SONAR enables us to keep track of the freight markets in real-time. Without it, I would be ‘behind the 8-ball’ on market shifts and trends across the freight markets and unable to communicate effectively to our team about the current state of the market.”
Director of Pricing
“SONAR data empowers our organization to create solutions and educate our customer base.”
VP of Carrier Operations
“The initial results were better than expected, generating a 10% savings in transportation spend. Overall exposure to the spot market was roughly cut in half, from 20% to 11%.”
SONAR SCI Customer
