Topic
sonar
Logistics Freight Market Rejection Index: Is the Softness Misleading? SONAR Update
FreightWaves' SONAR update shows the freight market is stronger than it looks: the national tender rejection index at ~13.5% exceeded every 2024 reading, and intermodal contract rates are 34% below truckload rates. Spot rates are $3.34 per mile, 21% above last year. Shippers should consider mode conversion to rail before peak-season tightening begins in mid-October.
Logistics SONAR Pricing Power Index Slides Five Weeks as Carrier Leverage Eases
SONAR's Pricing Power Index has slid for five consecutive weeks since peaking in mid-July, according to FreightWaves, as capacity eased and rail and ocean demand signals cooled. The spot-to-contract spread has narrowed from a record high, giving shippers stronger negotiating leverage. The three-month forecast has pulled back, converging with the current reading.
Supply Chain FleetWorks and SONAR partner to put live market intelligence inside the agentic marketplace
FleetWorks and SONAR have partnered to embed SONAR's TRAC rates and coverage scores directly into FleetWorks' AI agents across phone, email, and SMS. The integration gives brokers and carriers current lane-level market context during live negotiations, escalates out-of-market situations to humans, and is already handling 30,000+ daily loads across 40+ brokerages, according to FreightWaves.
Supply Chain SONAR and Retlia Partnership Brings 'The Register' Retail Demand Signal to Freight Platform
FreightWaves' SONAR and Retlia have partnered to bring The Register, a monthly retail demand indicator, into the SONAR platform. The integration gives supply chain executives an early read on retail demand, inventory behavior, and margin risk to improve freight forecasting and operational planning.
Supply Chain SONAR Upgrades Batch Rate Intelligence Into a Full RFP Pricing Engine for Freight Brokers
SONAR released a significant upgrade to Batch Rate Intelligence, expanding it from a bulk lane analysis tool into a complete RFP pricing workflow. The update includes forward-looking rate and seasonality insights, bid positioning, and risk visibility, along with expanded flatbed market data within STVI and STRI indices.
Supply Chain USDOT Awards Contract to FreightWaves SONAR for High-Frequency Freight Market Data
The U.S. Department of Transportation (USDOT) has awarded a contract to FreightWaves SONAR to provide high-frequency freight market data for federal transportation analysis, regulatory enforcement, and economic research. SONAR's real-time data across truckload, intermodal, ocean, and air cargo will enhance visibility into freight market health and supply chain conditions, supporting data-driven policy and industry transparency.
Logistics SONAR's New Index Tracks Accepted Truckload Volumes
SONAR has launched the Accepted Truckload Volume Index (ASTVI) to provide a clearer view of freight that moves through the market. This index helps distinguish between tendered and accepted freight, offering valuable insights for logistics professionals.
Technology SONAR's Hackathon to Tackle Driver App Shortage
FreightWaves SONAR is launching a virtual hackathon to develop apps for truck drivers. The event aims to address the lack of driver-focused software in the trucking industry.