- FreightWaves SONAR, the leading provider of near real-time freight market data and supply chain intelligence, now integrates with Trucker Tools’ freight broker and driver software platforms.
- Shippers, brokers, carriers and owner operators gain access to SONAR’s real-world rate intelligence, including timely lane data, to drive shorter and more effective rate negotiations.
- Offers rate transparency to freight brokers, 3PLs, carriers and drivers to empower them to make faster decisions on rates, benefitting the entire supply chain.
RESTON, VA and CHATTANOOGA, TENN. – October 20, 2022 – Trucker Tools, a leading technology provider in trucking and logistics, announced today that FreightWaves SONAR lane pricing, market volatility and historical data now is available to freight brokers and drivers who use the Trucker Tools platform.
SONAR is a subscription-based forecasting platform that offers the most up-to-date freight data collected at the point of booking to provide clear insights into specific freight markets. SONAR aggregates market information from multiple freight data sources including electronic tenders, transportation management systems, Bills of Lading and telematics. With SONAR’s actionable insights, users can make data-driven decisions during both spot market and contract rate negotiations.
“We’re thrilled to see the integration of FreightWaves SONAR lane pricing, market volatility and historical data with our Smart Capacity platform for brokers and driver mobile app,” said Kary Jablonski, Trucker Tools’ chief executive officer. “The addition of SONAR intelligence to our already powerful software platform puts the information that freight brokers, carriers and drivers need to make fast and effective decisions right at their fingertips.”
Jablonski noted that SONAR’s rate intelligence is now available inside Trucker Tools’ Smart Capacity digital freight matching software platform. Carriers and drivers can access SONAR rate intelligence data from within Trucker Tools’ free driver app on all non-Book It Now® loads. When freight brokers, carriers or drivers view a load in the Trucker Tools platform, SONAR data on the current average price for a load in that lane automatically will be displayed, as well as pricing data on average high and low rates.
“Because of this unique partnership between Trucker Tools and FreightWaves, those who use the Trucker Tools platform will have an access point for mission-critical data from SONAR that can drive key decisions,” stated Spencer Piland, FreightWaves’ COO/CFO. “SONAR can provide significant operational support for shippers, carriers and intermediaries. Our vision is that SONAR customers are able to obtain key supply chain intelligence in solutions most convenient to them to drive decisions across their operations.”
For access to SONAR rate intelligence within the Smart Capacity platform, freight brokerages and logistics providers must connect their Smart Capacity accounts with their FreightWaves SONAR accounts. A free 14-day trial is available for those who are not already SONAR subscribers. Access to SONAR rate intelligence is free for users of the Trucker Tools driver app.
Jablonski added that the addition of SONAR’s market and rate intelligence tools to Trucker Tools’ comprehensive freight broker software platform and mobile app is particularly valuable when markets are volatile, as they have been in recent years.
“Trucker Tools’ integration with FreightWaves SONAR equips freight brokers, carriers and drivers with the tools needed to successfully navigate market volatility and an ever-evolving economy,” said Jablonski.
The Trucker Tools mobile driver app, which was launched in 2013 and to date has been downloaded by nearly 2 million truckers, is among the most popular apps with truckload operators, consistently ranking as the most downloaded app in transportation each month. The Trucker Tools mobile app is available for both Android- and Apple-powered smartphones and is provided free of charge to independent truckers and small fleets.
Trucker Tools’ comprehensive Smart Capacity software platform provides predictive freight-matching, automated booking, GPS-driven automated tracking and digital document management to more than 350 leading freight brokers and 3PLs.
About FreightWaves
FreightWaves is the world’s leading provider of freight market forecasting, data, news and analysis. Logistics and supply chain firms depend on FreightWaves for benchmarking, analytics, monitoring and forecasting of pricing, capacity, demand, energy and carbon intelligence. The company provides the freshest data and market insights through SONAR, a subscription SaaS platform, and through the world’s largest streaming media network focused on logistics and supply chain information.
FreightWaves SONAR provides near real-time freight market data and supply chain intelligence to 500+ enterprises. FreightWaves Carbon Intelligence provides supply chain firms with transparency on carbon emissions and solutions to achieve carbon neutrality.
FreightWaves Media operates the FreightWaves, American Shipper and Modern Shipper brands. FreightWaves Media serves more than 1.5 million unique monthly visitors on its websites, generates 15 million monthly minutes of streaming TV and 100,000 monthly podcast downloads.
About Trucker Tools
Trucker Tools, based in Reston, Virginia, is the leading provider of trip planning, shipment visibility, predictive freight matching and automated booking solutions for the transportation industry. Its ground-breaking Smart Capacity® platform uses accurate, real-time data and powerful algorithms to optimally match freight by predicting when and where capacity will become available, days in advance. The company’s popular driver smartphone app has been downloaded by nearly 2 million owner operators and small-carrier fleets to access information and services conveniently while on the road. Included in the smartphone app is Book It Now®, the industry’s first digital load booking app that automates and streamlines the load search and booking process for drivers and brokers, saving time and money. Trucker Tools load tracking solution is a robust feature in the app that connects drivers with carriers and freight brokers, automating the provision and collection of real-time shipment tracking and eliminating manual check calls. Visit Trucker Tools at www.truckertools.com or contact us directly at: [email protected].
Trucker Tools Media Contact: Tracy Neill, Director of Marketing, 703-955-3560, [email protected].
FreightWaves SONAR Media Contact: Amy Hart Phillips, SVP Strategic Partnerships and Execution, 248-760-9901,
[email protected].
