For a shipper, timing is everything.

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure a shipper’s reaction to capacity changes with SONAR’s Outbound Tender Lead Times Index. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. It is expressed as a percentage of loads rejected to total loads tendered. OTRI can … Read More

Use length of haul to find more accurate tender rejections.

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure trends and changes in Outbound Tender Rejection Rates based on length of haul. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. OTRI is expressed as a percentage of loads rejected to total loads tendered. OTRI … Read More

Big volumes changes can mean big capacity changes.

FreightWaves Customer SuccessDaily Tips

Yesterday we discussed length of haul differences with rejections;Today we’ll visit length of haul with Tender Volumes. What is it? Outbound Tender Volume Index (OTVI):  An index of electronically tendered volumes on a given day.  A tender is a load offer from a shipper to a trucking company that is sent electronically. These are actual loads and are transmitted a few … Read More

Measure only long-haul capacity.

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure long-haul capacity using Headhaul Indices – HAULEX100, and HAULEX250. What is it? Headhaul Index (HAUL): Calculates the difference between the Outbound Tender Volume Index (OTVI) and the Inbound Tender Volume Index (ITVI). By measuring the flow of outbound and inbound freight in a market, SONAR users are able to measure capacity based on the inbound … Read More

Find more accurate tender rejections by using length of haul.

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure trends and changes in Outbound Tender Rejection Rates based on length of haul. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. OTRI is expressed as a percentage of loads rejected to total loads tendered. OTRI … Read More

Identify manufacturing opportunities.

FreightWaves Customer SuccessDaily Tips

Did you know? Industrial production can be used to help identify freight activity within manufacturing. What is it? Industrial Production Index (IPRO) – The Federal Reserve releases a monthly index that covers the industrial sectors of manufacturing, mining and utilities. The industrial segment accounts for a significant portion of national output and feeds into freight movements, particularly, flatbed trailers.  The Industrial Production … Read More

View imports BEFORE the 15th of each month.

FreightWaves Customer SuccessDaily Tips

Did you know? You can track maritime import volumes for each U.S. port  on a daily, weekly, and monthly basis. What is it? Customs Maritime Import Shipments (CSTM) – This displays data related to import shipments into the U.S. as reported by Customs and Border Patrol (CBP). This is the total number of import shipments and includes both containerized and non-containerized goods.  Who … Read More

Evaluate weekly capacity changes.

FreightWaves Customer SuccessDaily Tips

Did you know? You can quickly see the markets with the most significant capacity changes over the past week with the Weighted Rejection Index What is it? Weighted Rejection Index (WRI) – The Weighted Rejection Index combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). The purpose of this index is to quickly identify where rejections … Read More

Utilize the Pricing Power Index

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure who, shippers or carriers, has control of pricing with SONAR’s Pricing Power Index. What is it? DHL Supply Chain Power Pricing Index (DHLPPI.USA) – A weekly analysis produced by the Freight Intel Group using data and analytics in SONAR and other sources to estimate the current pricing power dynamics between shippers and carriers. The DHLPPI is a tool that … Read More

Watch intermodal containers like a hawk.

FreightWaves Customer SuccessDaily Tips

Did you know? You can see daily containerized intermodal volume by container size, lane and market with SONAR’s ORAIL data. What is it? Outbound/Inbound Containerized Intermodal Volume (ORAIL/IRAIL) – is a daily series of the average containerized intermodal volume from the prior seven days.  For example, if there were 700 intermodal containers moved between City A and City B in the past week, that lane shows … Read More

Where is all the freight going?

FreightWaves Customer SuccessDaily Tips

Did you know? SONAR’s Inbound Tender Volume Index can show you which markets the freight is delivering into, along with the trends and changes on inbound freight volumes. What is it? Inbound Tender Volume Index (ITVI): An index that measures the electronically tendered volumes based on the destination markets. Which markets are receiving the freight?   A tender is a load … Read More

What markets are carriers willing to deliver into?

FreightWaves Customer SuccessDaily Tips

Did you know? You can pinpoint markets carriers are less willing to deliver to using Inbound Tender Rejection Rates. What is it? Inbound Tender Rejection Index (ITRI) rates are measurements of carriers’ willingness to deliver loads into a market that are tendered to them by shippers under contract terms. It is expressed as a percentage of loads rejected to total loads tendered. … Read More

How can I measure capacity in different markets?

FreightWaves Customer SuccessDaily Tips

Did you know? SONAR’s Headhaul Index is a great tool to measure changes in capacity. What is it? Headhaul Index (HAUL): Calculates the difference between the Outbound Tender Volume Index (OTVI) and the Inbound Tender Volume Index (ITVI). By measuring the flow of outbound and inbound freight in a market, SONAR users are able to measure capacity based on the … Read More