Access SONAR Trusted Rate Assessment Consortium (TRAC) for more accurate information on volatility, rates and capacity to improve your margins and better contract negotiation.
SONAR Trusted Rate Assessment Consortium (TRAC) spot rates can be used for benchmarking, analyzing, monitoring and forecasting rates for brokers, carriers and shippers. SONAR TRAC collects data daily from a consortium of key market-driving companies adhering to a standardized protocol. With the International Organization of Securities Commissions (IOSCO) compliance, the SONAR TRAC Spot Rate methodology uses high-frequency data to provide better insights into freight pricing and help you make profitable decisions.
Freight brokers, 3PLs, carriers, shippers and others rely on SONAR Trusted Rate Assessment Consortium (TRAC) to access the high-frequency and accurate pricing data to secure more loads and to outbid and out-earn competitors.
Reliable daily spot pricing and proprietary market data gives 3PLs, operators and shippers the tools they need to be more effective, efficient and profitable.
Gain transparency and consistency in spot market data to improve 3PL, carrier and shipper inputs to data models, making analysis and forecasting more reflective of market conditions.
Get a high-frequency view into spot rates from major brokers in the industry for greater price transparency in a volatile, opaque spot market.
Most current industry providers have stagnant rates that do not represent a lane’s current conditions. FreightWaves’ data scientists and industry experts have collaborated to improve spot rate reporting and eliminate some of the long-standing issues with rate data.
SONAR TRAC provides the fastest and newest view of spot rates in the U.S. inside the SONR Market Dashboard application. Combined with its database of millions of data points, SONAR has the most comprehensive view of the transportation markets available.
Get better insights into lane prices to spot opportunities in specific lanes.
This data brings in various rates and miles calculated to show an all-in buy and sell rate based on various user-defined parameters.
A time-based chart reflecting the daily rate per mile for a chosen lane and equipment type with SONAR TRAC spot rates.
Utilize Lane List to build an effective watchlist. Analyze the list and the most popular lanes.
See where rates are derived based on origin and destination information.
SONAR TRAC provides you with the fastest data and cleanest insights into the freight market. Make quick, confident decisions to improve your bottom line. Utilize the comprehensive Market Dashboard + SONAR TRAC to create real-time spot rate predictions and a dynamic spot rate forecast.
