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.
Supply Chain AI Symposium
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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.
Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
The Old Post • Chicago, IL 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.
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