SONAR SCI Network View

FreightWaves Customer SuccessSCI

SONAR SCI Network View The Network View gives a high level overview of each origin market in the sample, allowing the user to sort and identify the most challenging areas of their network.

SONAR SCI Opportunity View

FreightWaves Customer SuccessSCI

SONAR SCI Opportunity View is lists all the lanes that are identified as priced above the market in which conditions are favorable for negotiating lower (Overpaying) and lanes in which the benchmark or user uploaded rates are below market and conditions are favorable for low carrier compliance (Underpaying).

SONAR SCI Summary View

FreightWaves Customer SuccessSCI

SONAR SCI Summary View is an overview of lanes uploaded by a user that summarizes the freight spend and compares it to market level data.

Project44 Ocean Container Rollover Index (P44ORI)

FreightWaves Customer SuccessMaritime

What is it? The Project44 Ocean Container Rollover Index (SONAR: P44ORI) measures the weekly proportion of cargo departing a port on a different vessel than originally scheduled. It’s expressed as a percentage, at the port and carrier levels, and indicates how many containers are being ‘rolled’ to subsequent sailings.  The data is generated at the port of discharge by calculating … Read More

Project44 Ocean Container Dwell Times (P44ODTPOL, P44ODTTSP, P44ODTPOD)

FreightWaves Customer SuccessMaritime

What is it? The Project44 Ocean Container Dwell Times (SONAR: P44ODTPOL, P44ODTTSP, P44ODTPOD) are a set of weekly indices that measure the average number of days ocean containers are held at ports of lading, transshipment ports, and ports of discharge. The indices provide this information for 150 major container ports globally.  P44ODTPOL.CNSZP, for instance, displays weekly average container dwell times … Read More

Project44 Ocean Container Port Pair Delays (P44OPPD)

FreightWaves Customer SuccessMaritime

What is it? The Project44 Ocean Container Port Pair Delays (SONAR: P44OPPD) display the average number of days between originally scheduled and actual vessel arrival dates on the world’s most important ocean container trade lanes.  These Project44 Ocean Container Port Pair Delays indicate sailing schedule compliance and service reliability at a lane-level on a monthly basis.  P44OPPD.CNSZPUSLAX, for instance, displays … Read More

Freightos Air Index (FAXHKG, FAXTKG, FAX)

Nick ChastainAir

What is it? The Freightos Air Index measures the weekly spot price movements of air cargo in 191 airport to airport lanes. It is expressed as an average price per kilogram for two different shipment sizes or ‘weight breaks’: 100 kg to 300 kg and 300 kg to 1,000 kg. The Freightos Air Indexes are the most granular air cargo … Read More

Market Dashboard

FreightWaves Customer SuccessSONAR Features

What is it? A spot rate management dashboard that shows the current spot rate with high and low values in a lane along with a historic chart view and multiple other market analytic data points such as origin and destination capacity conditions Who is interested?  Anyone who is involved in truck transportation. Brokers, Carrier Pricing, Carrier Sales, Load Planners, Transportation … Read More

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

Capacity Trend Indices (CTSV52, CTSR52, CTSV4, CTSR4, CTDV4, CTDR4)

FreightWaves Customer SuccessCapacity Trend

What is it? Capacity Trend scores translate tender volume and rejection data into a relative measure of market capacity.  A unique algorithm is used to produce Capacity Trend scores by detecting structural market pattern shifts and volatility in load balance and tender rejection levels. Capacity Trend scores are normalized for each market and reflect a measure of capacity using a … Read More

Drewry World Container Index

Hannah BlalockMaritime

What is it? The Drewry World Container Index is a composite of 40-foot ocean container freight rates on 8 major routes to/from the US, Europe and Asia as assessed by Drewry Maritime Research. This is primarily used as a benchmark for 40-foot ocean container spot rates across the various trade lanes that it represents. Trade Lanes Covered WCI.SHALAX – Shanghai … Read More

SONAR SCI – Lane Acuity

FreightWaves Customer SuccessSCI

What is Lane Acuity? Lane Acuity is the newest product app in the ongoing development of the SCI suite of products. Lane Acuity provides insights into market stability, by lane, helping participants identify rate and capacity risk on a lane. It also gives users the ability to quantify the carbon impact of their transportation networks.   Think of it as a … Read More

Intermodal contract savings versus truckload (IMCSI)

FreightWaves Customer SuccessRail/Intermodal

What is it? The percent difference between the domestic intermodal contract rate per mile (all-inclusive) and the truckload contract rate per mile (all-inclusive) on the same lane (i.e., same origin-destination pair). The Intermodal Savings Index tickers are derived from the SONAR contract rate data described here but with a key difference of these being calculated as all-in rates versus transportation … 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

What is a SONAR Index

FreightWaves Customer SuccessUncategorized

A freight index is a calculation based on industry data. SONAR freight indices collect data from all trading parties. That includes carriers, shippers, forwarders and brokers. Analysis of that data creates a benchmarking standard.  In turn, that allows companies to analyze strategic positioning, monitor market conditions and make decisions based on forecasted data. That process, the lifecycle of tactical freight … Read More

My SONAR Tools

FreightWaves Customer SuccessSONAR Features

Add your own indices, locations on the map and view your symbol is using My SONAR Tools. To access My SONAR Tools Click + in the top left corner Select your desired tool To add custom indices Select My Custom Indices from the My SONAR Tools menu Click Custom Index Template (.csv) to download a template for your .CSV file … Read More

Ocean Shipments Report

Hannah BlalockMaritime

What is the Ocean Shipments Report?  The Ocean Shipments Report, also known as OSR, displays ocean container and shipment volumes 7 days in the future. The container volume is measured in TEUs (twenty-foot equivalent units), and shipment volumes represent bills of lading. The index represents the daily volume of twenty-foot equivalent unit (TEU) volumes being booked with ocean container lines … Read More

Ocean Shipments Index (OOSI/IOSI)

Hannah BlalockMaritime

What is it? An index representing the daily shipment volumes being booked with ocean container lines for a specific country of origin, or a specific port within a country of origin. The date that is being used as the daily value is the Estimated Date of Departure (ETD) on each booking that has been confirmed by the ocean carrier as … Read More

Van/Reefer/Intermodal/LTL Contract Rate Per Mile Final (VCRPMF/RCRPMF/LTL)

Hannah BlalockTrucking Supply/Demand

Trucking Supply/Demand What is it?  The average base rate (no fuel or accessorial charges) of mostly contracted freight volumes reported on a 14-day (Initial, 1) and varying period lags (Final, F) on a national level. They are segmented into van, reefer, intermodal, and Less-than-Truckload (LTL) modes. Van, reefer, and intermodal rates are expressed in a rate per mile, while LTL … Read More

Ocean TEUs Index (OOTI/IOTI)

Hannah BlalockMaritime

What is it? An index representing the daily volume of twenty-foot equivalent unit (TEU) volumes being booked with ocean container lines for a specific country of origin, or a specific port within a country of origin. The index is calculated on a 10-day moving average, and is indexed to January 1st, 2019 using a baseline of 100 for each specific … Read More