Cracks in Trucking Capacity Show Up in the South

Chart of the Week: Inbound Ocean TEUs Index – USA  SONAR: VOTRI.URSE, VOTRI.URNE, VOTRI.URSW, VOTRI.URWT, VOTRI.URMW Southeastern dry van regional rejection rates — the rate at which truckload carriers turn down loads from contracted shippers — have surged past all other regions this summer, hitting their highest level since July 2022. This breaks a trend of nearly two years of low volatility for the region. The Southeastern region is the second-largest outbound region for freight in the U.S., behind the Midwest. It includes states east of the

Read More »

2024 Summer Road Trip Playlist

POV: You’re driving with the windows down, the sun is shining, you have the perfect jams on, your favorite drink and snacks with nothing but time. It just so happens that it’s road-trip season, but if you’re in the transportation industry, it’s always road trip season. Luckily, we rounded up our top 25 2024 Summer Road Trip playlist to blast while you’re on the road! Top-25 2024 Summer Road Trip playlist: The Ultimate 2024 Summer Road Trip Playlist Download the full playlist here To stay

Read More »

Container Atlas Supports Ocean Shippers in Troubled Waters

Companies that manufacture products overseas for North American consumption need to consider numerous factors when designing their global supply chains, including: In addition to those high-level supply chain questions, numerous logistical considerations arise when considering overseas manufacturing, including:  Container Atlas assists shippers in designing and managing their global supply chains by:  Highlighting Supply/Demand Changes for Use in Upcoming Rate Negotiations The Container Atlas application in SONAR illustrates supply and demand in the ocean market by showing spot rates in addition to numerous other supply and demand

Read More »

Your Freight Rating Tool but Better

A freight rating tool has become an essential application for brokers, carriers, and shippers to have at their fingertips. While being able to return a spot rate per mile on a lane is a valuable data point, the rate alone cannot paint a full picture of the market conditions that are influencing that rate up or down. Freight Rating Tool: Rates Combined With Market Conditions for Competitive Advantage By being able to understand markets that are experiencing volatility in pricing and capacity along with the

Read More »

Where Is the Freight?

SONAR freight location is essential in the brokerage world, where everyone is looking for more volume, more freight, and more money. Unfortunately, it isn’t going to magically appear on your board — you have to know where is the freight is. Using SONAR, brokers can see which markets in the country have had an increase in volumes year over year, in addition to tracking rejection changes in certain markets and identifying rate changes on specific lanes. Maximizing Success with SONAR where is the Freight Location

Read More »

Better Together: The Power of Data Partnerships with SONAR

SONAR data partnerships are crucial in the digital age, where data is king. Data powers the decisions we make in both our personal and professional lives. When leveraged correctly, SONAR data partnerships can also power business growth in an ever-changing world. That is why getting high-frequency data into the systems you use daily is more important than ever. So, whether you’re a seasoned data professional or just getting started, there’s something here for everyone. The Power of SONAR Data Partnerships in Transportation Systems When I

Read More »

Build Resilience in Volatile Freight Environments

Freight market build resilience is a key factor in understanding the domestic transportation market’s current dynamics. Aggressive pricing and cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. Freight market resilience plays a crucial role in navigating these dynamics. While the current market may not seem to be terribly chaotic from a shipping perspective, it is an extremely challenging situation from a transportation provider’s standpoint. The elongated period of softness makes the risk for rapid tightening and service

Read More »

Advancing Transportation Procurement: The Shift From Spreadsheets to Software

For shippers, the approach to transportation procurement software is evolving. Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management, and difficulties in bid analysis. However, with the advent of specialized transportation procurement software solutions like Keelvar, Emerge, and Jaggaer, there’s a noticeable shift in how transportation procurement is managed. Challenges of Traditional Methods Historically, the use of

Read More »

Using SONAR to Understand Local Markets and Seasonality

SONAR local market analysis is crucial for understanding where we are in any given freight cycle. While national market trends provide a broad overview, they say little about specific markets where companies operate daily or need to plan around in the future. Decisions made here have the highest impact on results, no matter where you are in the cycle. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends. Below are a few such tools to help

Read More »

To Stock Analysts, Container Size Matters

International intermodal was the main driver of the double-digit growth in Q1 intermodal volume. (Photo: Jim Allen/FreightWaves) Intermodal Data Analysis from SONAR serves a wide range of customers, from multinational shippers to container size, carriers, logistics companies, consultancies, government agencies, and buy- and sell-side stock analysts. The use cases for SONAR’s Intermodal Data Analysis are varied and significant. For example, shippers can leverage Intermodal Data Analysis volume data by lane to gauge whether other shippers find value in rail intermodal compared to truckload. Meanwhile, drayage

Read More »

Cracks in Trucking Capacity Show Up in the South

Chart of the Week: Inbound Ocean TEUs Index – USA  SONAR: VOTRI.URSE, VOTRI.URNE, VOTRI.URSW, VOTRI.URWT, VOTRI.URMW Southeastern dry van regional rejection rates — the rate at which truckload carriers turn down loads from contracted shippers — have surged past all other regions this summer, hitting their highest level since July 2022. This breaks a trend of nearly two years of low volatility for the region. The Southeastern region is the second-largest outbound region for freight in the U.S., behind the Midwest. It includes states east of the

Read More »

2024 Summer Road Trip Playlist

POV: You’re driving with the windows down, the sun is shining, you have the perfect jams on, your favorite drink and snacks with nothing but time. It just so happens that it’s road-trip season, but if you’re in the transportation industry, it’s always road trip season. Luckily, we rounded up our top 25 2024 Summer Road Trip playlist to blast while you’re on the road! Top-25 2024 Summer Road Trip playlist: The Ultimate 2024 Summer Road Trip Playlist Download the full playlist here To stay

Read More »

Container Atlas Supports Ocean Shippers in Troubled Waters

Companies that manufacture products overseas for North American consumption need to consider numerous factors when designing their global supply chains, including: In addition to those high-level supply chain questions, numerous logistical considerations arise when considering overseas manufacturing, including:  Container Atlas assists shippers in designing and managing their global supply chains by:  Highlighting Supply/Demand Changes for Use in Upcoming Rate Negotiations The Container Atlas application in SONAR illustrates supply and demand in the ocean market by showing spot rates in addition to numerous other supply and demand

Read More »

Your Freight Rating Tool but Better

A freight rating tool has become an essential application for brokers, carriers, and shippers to have at their fingertips. While being able to return a spot rate per mile on a lane is a valuable data point, the rate alone cannot paint a full picture of the market conditions that are influencing that rate up or down. Freight Rating Tool: Rates Combined With Market Conditions for Competitive Advantage By being able to understand markets that are experiencing volatility in pricing and capacity along with the

Read More »

Where Is the Freight?

SONAR freight location is essential in the brokerage world, where everyone is looking for more volume, more freight, and more money. Unfortunately, it isn’t going to magically appear on your board — you have to know where is the freight is. Using SONAR, brokers can see which markets in the country have had an increase in volumes year over year, in addition to tracking rejection changes in certain markets and identifying rate changes on specific lanes. Maximizing Success with SONAR where is the Freight Location

Read More »

Better Together: The Power of Data Partnerships with SONAR

SONAR data partnerships are crucial in the digital age, where data is king. Data powers the decisions we make in both our personal and professional lives. When leveraged correctly, SONAR data partnerships can also power business growth in an ever-changing world. That is why getting high-frequency data into the systems you use daily is more important than ever. So, whether you’re a seasoned data professional or just getting started, there’s something here for everyone. The Power of SONAR Data Partnerships in Transportation Systems When I

Read More »

Build Resilience in Volatile Freight Environments

Freight market build resilience is a key factor in understanding the domestic transportation market’s current dynamics. Aggressive pricing and cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. Freight market resilience plays a crucial role in navigating these dynamics. While the current market may not seem to be terribly chaotic from a shipping perspective, it is an extremely challenging situation from a transportation provider’s standpoint. The elongated period of softness makes the risk for rapid tightening and service

Read More »

Advancing Transportation Procurement: The Shift From Spreadsheets to Software

For shippers, the approach to transportation procurement software is evolving. Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management, and difficulties in bid analysis. However, with the advent of specialized transportation procurement software solutions like Keelvar, Emerge, and Jaggaer, there’s a noticeable shift in how transportation procurement is managed. Challenges of Traditional Methods Historically, the use of

Read More »

Using SONAR to Understand Local Markets and Seasonality

SONAR local market analysis is crucial for understanding where we are in any given freight cycle. While national market trends provide a broad overview, they say little about specific markets where companies operate daily or need to plan around in the future. Decisions made here have the highest impact on results, no matter where you are in the cycle. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends. Below are a few such tools to help

Read More »

To Stock Analysts, Container Size Matters

International intermodal was the main driver of the double-digit growth in Q1 intermodal volume. (Photo: Jim Allen/FreightWaves) Intermodal Data Analysis from SONAR serves a wide range of customers, from multinational shippers to container size, carriers, logistics companies, consultancies, government agencies, and buy- and sell-side stock analysts. The use cases for SONAR’s Intermodal Data Analysis are varied and significant. For example, shippers can leverage Intermodal Data Analysis volume data by lane to gauge whether other shippers find value in rail intermodal compared to truckload. Meanwhile, drayage

Read More »

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What's the SONAR ROI?

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.

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