Luke Falasca and Kyle Taylor take a look at the current state of freight using FreightWaves’ SONAR data platform, and they dive into the effects of the past few weeks of bad weather.
Falasca and Taylor use outbound tender rejections increasing to help explain the corresponding rise in spot rates. Falasca said contract rates are a bit of a safer bet currently with the continued volatility of those spot rates.
SONAR has just dropped a groundbreaking data release with a new supply chain intelligence feature. SONAR is now sourcing contracted and settled rate data to provide a clearer picture of real-time market analytics.
Falasca said this is a trifecta for freight data, combining the why behind the rate with real-time market conditions and predictions for market trends in the future.
To find out more about SONAR, check out a demo here.
You can find more #WithSONAR episodes and recaps for all our live podcasts here.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now