What are the largest markets in the nation?

FreightWaves Customer SuccessDaily Tips

Did you know? SONAR’s Outbound Tender Market Share Index can tell you how fast volumes are growing or declining in relation to the rest of the U.S. markets. What is it? Outbound Tender Market Share (OTMS): A relative index that measures the number of outbound tendered loads in individual markets in relation to total tendered load volume for the day in the … 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

Retired Indices

Hannah BlalockRetired Indices

The following list is a list of indices that have been retired from SONAR. RCLG RCLCG RCLCH RCLGPT RCLHPT RCLLCH RCLOTH RCLSF RCSP DFVB DFBR DFBF AUTO STOCK STOCK52HI STOCK52LO STOCKPRIOR FUT FWD CAPEXTA CASH CASHCHG CFFIN CFINV CFOPS DIV DIVYLD EBITDA ENTVAL FCF GPM INTCOV MKTCAP NDEBITDA NI NPM OPM PAYOUT PBOOK PE PEFWD PFCF PSALE REV REVPE ROA … 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 Volume Index (TSTOPVV, TSTOPRV, TSTOPFV)

Hannah BlalockMarket Volume Insights

What is it ?  Truckstop.com examined volumes for Van(TSTOPVV), Reefer(TSSTOPRV), and Flatbed(TSTOPFV) loads across the top 103 lanes in 2019. For each mode, the average weekly volume was set to an index value of 100. Any value below 100 would indicate that volume for that week was below the average for the same equipment type. Note that comparisons are only … 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

Industrial Business Indicator (IBI)

Hannah BlalockMacro Economic Indicators

IBIUR – Industrial Business Indicator Utilization Rates, Non Seasonally Adjusted IBIUI – Industrial Business Indicator Utilization Index, Seasonally Adjusted IBIAI – Industrial Business Indicator Activity Index, Seasonally Adjusted What is it? The Industrial Business Indicator (IBI) is a proprietary monthly diffusion index wherein results above 50 indicate expansion. The index is derived from three components: business activity, space utilization and … Read More

Foreign Exchange (FX)

Hannah BlalockExchange

FX What is it? Foreign Exchange (FX) rate data for 151 countries throughout the world. FX data is viewable in Watchlists and a Chart. The rates are quoted as a ratio in both US Dollars to the Local Country Currency (LCC)  and LCC to US Dollars. The SONAR Granularity is “Currency” and the ticker symbol structure is “FX.USDLCC” and “FX.LCCUSD”. … Read More

FULSDO: Forecasted Overnight Change in ULSD Rack Price

Hannah BlalockEnergy - Price

What is it? The Forecasted Overnight Change in ULSD Rack price is the difference (in cents) between the current rack price for a gallon of Ultra Low Sulfur Diesel (ULSD), and the forecasted price tomorrow. Based on more than a year of history, this forecast predicts the up/down direction correctly more than 90% of the time. This is more useful … Read More