SONAR Founder and CEO, Craig Fuller, and Head of Freight Market Intelligence, Zach Stickland, shared 5 truth bombs in our latest State of Freight webinar. 1. Market sensitivity to seasonality is returning 2. Slow and steady recovery is expected 3. Challenges persist despite green shoots 4. Increased role of freight brokers 5. Market volatility is influenced by government intervention Read more below: If you have questions or want to learn more, submit a request to connect with one of our experts! https://lnkd.in/gX_jxueH #freight #freightmarket #trends #freighttrends #marketinsights
FreightWaves SONAR
Truck Transportation
Chattanooga, Tennessee 6,988 followers
Know more, faster. SONAR delivers data and analysis you can trust across the entire freight market -- in real time.
About us
With freight markets impacted non-stop by changes in capacity, demand, regulations, weather and other variables, today’s logistics professional needs reliable, up-to-the-minute information to respond to market conditions, forecast the future and satisfy customers. SONAR is the only freight forecasting platform with a complete view of everything moving in the freight economy.
- Website
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http://sonar.freightwaves.com
External link for FreightWaves SONAR
- Industry
- Truck Transportation
- Company size
- 11-50 employees
- Headquarters
- Chattanooga, Tennessee
- Founded
- 2018
Updates
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Time will tell as we continue through the summer and into July, but if you take a look at the tender rejection rates white line (2024) compared to the orange (2019), you'll notice very similar trends. Will these rates drop again after the holiday? #july #tender #transportation #trucking #markettrends
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Happy National Logistics Day! To celebrate, we're offering $1300 off if you register today for F3 on November 19-21! #f3 #futureoffreight #freight #freightconference #nationallogisticsday
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We are thrilled to announce a strategic partnership between Cass Information Systems and SONAR! This collaboration integrates Cass' freight audit and payment solutions with SONAR's Supply Chain Intelligence (SCI) tool, providing unparalleled access to industry benchmarks and supply chain metrics. Click the link below to access the webinar featuring SONAR’s Brad Guinane and Cass’ Jeff Carlson as they share more about this game-changing partnership. 👉 https://bit.ly/3L0PSE3 #SupplyChain #Logistics #FreightAudit #Benchmarking #Innovation
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FreightWaves SONAR reposted this
We announced a new partnership with FreightWaves SONAR a couple of weeks ago. The response from our current and potential clients has been nothing short of remarkable. We are so excited to bring Cass + SONAR SCI to you. What is Cass + SONAR SCI? It’s premium truckload market intelligence so you can keep your pulse on rates and capacity conditions in every U.S. and Canadian lane you use. It’s your own lane and cost details alongside FreightWaves data, for accurate benchmarking and savings opportunities already calculated for you. Leverage your Cass freight payment solution to get your spend data in order. Then enjoy a seamless pathway to SONAR SCI to further optimize that data while you strengthen your offense and defense in both daily operations and less frequent procurement events. Learn more about this powerful combo: https://hubs.ly/Q02DplCf0
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There's a lot of buzz going around about the Coyote Logistics acquisition, let's dig into the sale and what the future holds for them! https://lnkd.in/gJr-ckdD
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Let's take a look at tender rejections: the percentage of loads being rejected by carriers from their contracted shipper accounts. We've been below 5% for a long time. However, Zach reveals that for the last several days, this has been trending upward. 2019 might be the blueprint to follow for the rest of the year…watch below for a complete update! #freight #freightmarketupdate #freightmarket
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Explore our State of Freight webinar recap, live from the Future of Supply Chain stage, in our newsletter release below:
June State of Freight
FreightWaves SONAR on LinkedIn
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What are your summer travel plans? Maybe you're planning a trip or you're always on the road, like our incredible trucking professionals -- either way, here's a summer playlist you'll have on repeat! To download the full list, click the link below! https://bit.ly/3zdVoAH #transportation #summerplaylist #roadtrip #summer #summersongs
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