Daily Tip: FreightWaves’ National Truckload Index (NTI)

Ashley McAvoyDaily Tips

Did you know? The truckload spot market leads longer term pricing trends by ~90 days on average.  Each day we’ll send you a daily tip designed to guide you to become a SONAR expert. If you have any questions, please contact your Customer Success Representative or email the team at cs@freightwaves.com. FreightWaves’ National Truckload Index (NTI) is a national truckload … 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