FreightWaves SONAR

New SONAR update allows users to easily price flatbed freight and visualize data

While flatbed data was previously available via API for SONAR subscribers, the update makes this data accessible directly within the user interface of its Market Dashboard+ application. By having the data within the SONAR UI, users have access to flatbed spot rate data at their fingertips. The update also enables users to view flatbed data in bulk output for easier analysis.

The addition of flatbed rate data in the UI enables SONAR to better support a key industry sector and further solidifies...

https://www.freightwaves.com/news/new-sonar-update-allows-users-to-easily-price-flatbed-freight-and-visualize-data

Loose truckload market pressures intermodal volume in Eastern corridors

One of the first things to understand about rail intermodal is that some lanes are more competitive with the highway than others.

In dense lanes with very long lengths of haul, like Los Angeles to Chicago, a trip that exceeds 2,000 miles, it’s easy for rail intermodal to undercut truckload on price. In that lane, the per-mile cost advantage that intermodal has on the rail linehaul and fuel surcharge portions of the total cost generally more than offset the relatively high per-mile first- and...

https://www.freightwaves.com/news/loose-truckload-market-pressures-intermodal-volume-in-eastern-corridors

To stock analysts, container size matters

SONAR customers run the gamut from multinational shippers to carriers, logistics companies, consultancies, government agencies, and buy- and sell-side stock analysts. Use cases for the intermodal data in SONAR are similarly varied. Shippers can use intermodal volume data by lane for clues on whether other shippers are seeing value in rail intermodal compared to truckload. Meanwhile, drayage carriers gauge inbound volume, measured at the point of origin, for a look ahead at local demand in the...

https://www.freightwaves.com/news/to-stock-analysts-container-size-matters

The Great Freight Recession has now lasted longer than the COVID bull market

On March 31, 2022, FreightWaves declared that a freight recession was imminent. More than two years later, the freight market remains in one of its deepest and longest recessions in history.

Our original conclusion was derived from signals from FreightWaves SONAR. Its high-frequency datasets, which track freight supply and demand in real time, indicated an imminent collapse. When FreightWaves first published the article, many were not only skeptical of the conclusion, they derided FreightWaves...

https://www.freightwaves.com/news/the-great-freight-recession-has-now-lasted-longer-than-the-covid-bull-market

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