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 rates in a single day can be hundreds of dollars of difference. Between FreightWaves own predictive rates, and the rates gathered by a respected brand like Truckstop.com, SONAR users now have an extra data point to aid rating decisions.
Who is interested?
Shippers, Carriers and Brokers who move dry van, refrigerated, and flatbed freight.
What does it tell me?
The average all in (linehaul + fuel) cost/revenue (Bill of Lading amount) for the prior week, along 103 most trafficked lanes.