In the current market, shippers must take a forward-looking approach to ensure they aren’t operating on outdated bid assumptions, paper rates, or leaning too heavily on a rising spot market.
Unlike other tools that only allow for benchmarking, SONAR helps create a realistic and executable market strategy to procure capacity at fair rates and minimize risk of service disruptions based on market changes. An executable strategy reduces freight cost volatility and sets you up ahead of market trends.
SONAR allows shippers to proactively see where rates are trending before RFP season and before tender rejections lead to higher costs. Our indices and data show where capacity will tighten, where intermodal substitutions make sense and how spot vs contract balances are shifting.
Don’t bid without all the information. Learn more about SONAR SCI by requesting a demo here.
