FreightWaves TRAC (Trusted Rate Assessment Consortium) Spot Rates

FreightWaves Customer SuccessSONAR Features, Truck - Rates, Truck-Rates

What is it? Average buy (to the carrier) rate derived from 3PL and freight brokerage reported by booked or covered date. TRAC contributors provide daily load data consisting of rate-information for hundreds of thousands of unique loads (i.e., different combinations of dates, modes, and zip3-lanes). More than a simple average, FreightWaves weights the values based on: Proximity to the specified … Read More

FreightWaves Scientific Rates (FWS/FWSR/FWSW)

FreightWaves Customer SuccessTruck - Rates

What is it?  The average of FreightWaves’ proprietary algorithm designed to predict and portray buy side (shipper/broker to carrier) van spot market linehaul rates of over 750,000 lanes in the U.S., excluding lanes under 250 miles in length The algorithm ingests multiple data points, including but not limited to tender data, operational costs, and demographic information and projects them 28 … Read More

Truckstop.com Rates Per Mile (TSTOPVRPM, TSTOPRRPM, TSTOPFRPM)

Hannah BlalockTruck - Rates

The 7 day average rate per mile along 103 of the most heavily trafficked lanes in the Truckstop.com Rate Analysis Tool database. The rates are available for Van (TSTOPVRPM), Reefer (TSTOPRRPM), and Flatbed (TSTOPFRPM) modes. These weekly average rates are updated each Monday morning.  FreightWaves research indicates that on any given lane, the highest and lowest rates in a single … Read More

Truckstop.com Rates (TSTOPVR, TSTOPRR, TSTOPFR)

Hannah BlalockTruck - Rates

What is it ?  The 7 day all in average rate along 103 of the most heavily trafficked lanes in the Truckstop.com Rate Analysis Tool database. The rates are available for Van (TSTOPVR), Reefer (TSTOPRR), and Flatbed (TSTOPFR) modes. These weekly average rates are updated each Monday morning.  FreightWaves research indicates that on any given lane, the highest and lowest … Read More