Prices for Sonar Dashboard are listed on the main landing page. There are significant discounts for paying up-front.
The product is intended for individuals that will be making tactical and strategic decisions related to pricing, purchasing, forecasting, budgeting, or operational and capacity planning. It is also ideal for the C-suite, as it offers the most complete look at what is happening in the freight market at any moment.
There are features and data-sets for everyone connected to the trucking industry- ranging from fleets that want to understand pricing and demand; to shippers doing budgeting prior to bids; to brokers that are trying to plan short term and long term pricing on loads; to OEMs and industry vendors that are trying to get a perspective on the direction of the freight market.
Dashboard is setup for credit cards and users can pay for their licenses directly on the sign up page. If you wish to not use a credit card and pay direct via check or wire, contact sales@FreightWaves.com to discuss payment options.
FreightWaves seeks out companies that have transactional data-sets across the industry and offers to help those companies monetize their data in anonymized methods for financial markets. Typically, these relationships are exclusive, meaning the only place to get such data is through the Sonar platform.
TransRisk looks to partner with best-in-class companies that have large data-sets. The data goes through a quality control process and ensures that the methods are understood, documented, and help solve the puzzle that the data is intended for.
Yes. Typically we offer commercial outcomes for our data partners. We want the best data-sets in the market and therefore are willing to compensate the companies that have those data sets.
We have around twenty different companies that are currently a part of the Sonar platform.
We have partnerships with DAT, Bulkloads.com, Riskpulse, Broughton Capital, OPIS, Breakthrough Fuel, ACT, Triumph Capital, and a number of others, including TMS providers, econometrics companies, trailer tracking companies, ELD providers, and API/ELD providers.
Every provider is different and it depends on the source and purpose. Oftentimes, the data is collected through transactional sources- i.e. a payment transaction, IOT transaction, movement, ping, or tender- and then the data is collected by the transactional provider, indexed, and transmitted to TransRisk for conversion of the data into a ticker.
Data collection processes vary and it changes based on a number of factors. In the data glossary that is provided to clients, the frequency of transmission is disclosed.
Yes. We work closely with our data sources to ensure compliance with the best standards in data quality and collections- using principals similar to PRA principals, which are standard in financial markets.
The data comes from the top providers in the trucking industry that have methods for ensuring that their data is kept secure and safe. We work with those companies to ensure that they continue to build infrastructure to support data collection/hosting safety.
The Sonar Dashboard is hosted in the cloud by our partner CQG. Through a secure data interchange, the index data is uploaded directly into CQG's system, ensuring that the data is not intercepted.