Inside SONAR

FreightWaves SONAR data integrated into EKA pricing tools on transaction fee basis

EKA Solutions Inc. is now offering FreightWaves SONAR freight lane and market trends pricing data. (Photo: Jim Allen/FreightWaves)

EKA Solutions Inc, an industry-leading provider of cloud-based integrated freight management ecosystem for carriers, brokers and shippers, announced that it is now offering FreightWaves SONAR freight lane and market trends pricing data. That data is melded with innovative decision support tools to EKA carrier, broker and shipper transportation management system (TMS) subscribers in a transformative manner – on-demand and on a transaction fee basis. 

Designed to add to the tech stack of carriers,...

https://www.freightwaves.com/news/freightwaves-sonar-data-integrated-into-eka-pricing-tools-on-transaction-fee-basis

FreightWaves improves it carbon intelligence data

The FreightWaves SONAR Supply Chain Intelligence (SCI) platform now features emissions calculations compliant with the GLEC Framework, deepening its carbon intelligence data. The Global Logistics Emissions Council (GLEC) provides a robust, internationally accepted framework for calculating supply chain carbon emissions. The framework is used by shippers, carriers and logistics service providers around the world to help make business decisions that reduce emissions and track progress toward...

https://www.freightwaves.com/news/freightwaves-improves-it-carbon-intelligence-data

SONAR Daily: Volume down on 10 key intermodal lanes

Facing difficult comps versus one year ago, loaded domestic intermodal container volume is now down on 10 of the 11 densest domestic intermodal lanes that originate in the U.S (see chart at top of file). Volume declines are not just an issue of difficult comps, they are also being driven by congestion and service issues that are delaying some intermodal shipments and sending other intermodal volume to the highway. 

In the past week, we have heard shippers complain about: 1) being allocated only...

https://www.freightwaves.com/news/sonar-daily-volume-down-on-10-key-intermodal-lanes

FreightWaves improves opportunity visibility with latest SCI release

“Since the beginning of the pandemic, supply chains have been stretched, frayed and sometimes broken,” said Craig Fuller, founder and CEO of FreightWaves. “In addition, many shippers’ freight spend has increased across shipping modes due to altered market conditions.”    

Fuller continued, “FreightWaves SONAR Supply Chain Intelligence (SCI) platform helps shippers better understand their freight spend and make more informed decisions regarding their freight networks.”

“Now, FreightWaves has made...

https://www.freightwaves.com/news/freightwaves-improves-opportunity-visibility-with-latest-sci-release

FreightWaves SONAR releases Capacity Trend Indices

FreightWaves SONAR is releasing a new set of indices whose sole function is to help shippers, carriers and brokers prioritize their attention each day – Capacity Trend Market Scores (CTSCV, CTSCR, CTSSV, CTSSR) and Capacity Trend Market Direction (CTDV, CTDR). SONAR subscribers will easily be able to see those markets have the most significant tightening or easing conditions, leading to lower costs and improved profitability. 

Measuring capacity is a key to maximizing margins/transactions for a...

https://www.freightwaves.com/news/freightwaves-sonar-releases-capacity-trend-indices

FreightWaves and Turvo partner to bring clarity and simplicity to shipment planning

Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.

Turvo, provider of the world’s leading collaboration application for the supply chain, announced a new partnership and integration with FreightWaves, bringing FreightWaves SONAR data to the company’s collaborative logistics platform. FreightWaves SONAR is the most comprehensive freight data platform in the industry.

“COVID-19 blew up the system in terms of reliable historical data. It showed us how difficult it can be to make business decisions while relying on outdated information,” said...

https://www.freightwaves.com/news/freightwaves-and-turvo-partner-to-bring-clarity-and-simplicity-to-shipment-planning

NZCS demo recap: FreightWaves SONAR unveils carbon footprint tool

This technology demonstration recap is from FreightWaves’ Net-Zero Carbon Summit on Thursday.

DEMO TOPIC: Intro to FreightWaves Carbon Intelligence (FCI)

DETAILS: Imagine a world where companies have full visibility of their complete supply chains’ carbon emissions. This demo illustrates ways SONAR users can leverage FCI to project their carbon emissions and compare their footprints to those of other logistics actors.

The FCI platform gives users a way to monitor their carbon footprint on a...

https://s29755.pcdn.co/news/nzcs-demo-recap-freightwaves-sonar-unveils-carbon-footprint-tool

FreightWaves launches SONAR SCI Lane Acuity Plus

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance.

“At Freightwaves, we see the uncertainty and pressure shippers are under, especially in volatile markets, and we believe the best way to improve overall performance is to empower them with near-real-time freight data,” said Craig Fuller, FreightWaves founder and CEO. 

“That’s why we created SONAR Supply Chain...

https://s29755.pcdn.co/news/freightwaves-launches-sonar-sci-lane-acuity-plus

FreightWaves launches SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus

lane acuity sonar SCI

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus.  SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking.

What is it? 

Lane Acuity allows users to compare their contract rates to their peers as well as market through cohort benchmarking. That promotes a better view of what’s happening within the market and how to navigate short-term RFPs or annual contracts.

Lane Acuity provides...

https://www.freightwaves.com/news/freightwaves-sonar-sci-launches-lane-acuity-plus

FreightWaves SONAR adds Intermodal Savings Versus Truckload (IMCS) tickers

IMCI.USA

The intermodal contract saving indices (IMCSI) show the percent savings of shipping via intermodal versus dry van truckload contract rates. To ensure comparability across modes, the calculation only compares truckload and intermodal rates in identical origin-destination pairs. The IMCSI tickers are an aggregation of individual lanes.

On “This week in SONAR,” Craig Fuller, FreightWaves CEO, and Zach Strickland, FW Market Expert & Market Analyst discuss the release of Intermodal Savings Versus...

https://www.freightwaves.com/news/freightwaves-sonar-adds-intermodal-savings-versus-truckload-tickers

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