TIA Creates Business Alliance With FreightWaves

Media Contact: Rachael Oury

oury@tianet.org

www.tianet.org

For Immediate Release

 

Alexandria, VA (April 15, 2019) – Announced at the TIA Capital Ideas Conference & Exhibition in Orlando, FreightWaves and the Transportation Intermediaries Association (TIA) are pleased to offer FreightWaves’ proprietary SONAR dashboard to TIA members.

According to TIA President and CEO Robert Voltmann, “TIA remains committed to driving value to membership by providing access to leading data technologies in the industry. We are here to help 3PLs navigate and use data-driven insights to increase profitability and reach.”

SONAR is a data/analytics platform in the transportation industry. It provides near-time freight market insights for 3PLs, shippers, carriers and financial institutions. The SONAR platform brings together millions of disparate freight market data points with a robust analytics toolset and the market intelligence of the FreightWaves team – all through SONAR’s intuitive dashboard. SONAR delivers the most comprehensive view of the freight markets, in the fastest manner available in the industry today.

The SONAR platform is a unique marriage of big data, technology and deep tribal knowledge.

The platform boasts more than 120,000 daily data points, with deep analytics relating to the entire global freight market, including trucking, rail, intermodal, maritime container, air cargo, and warehouse data, as well as thousands of data series that cover economics, census, weather, traffic and commodities.

Craig Fuller, founder and CEO of FreightWaves, said, “We know how useful SONAR data is to third-party logistics providers, and I am certain that TIA members will benefit from the actionable insights they derive from this unique resource.”

Data sets are presented through an intuitive dashboard that allows users to customize and analyze their own view of the freight markets through maps, charts, watchlists, tree maps, flash media content and news.

TIA has been the voice of the third-party logistics industry for more than 40 years. With over 1,700 member companies, TIA members range in size from start-up freight brokerages to international shipping companies. Approximately 70 percent of TIA members are small, family-owned businesses. TIA offers its members a variety of membership and business services. Access to SONAR will provide TIA members and staff with a unique combination of data, technology that will help users view and analyze the freight markets using faster, more accessible data, resulting in smarter, more informed decisions.

FreightWaves, a TIA Directors Circle member, is a provider of news, data and commentary for the freight market. FreightWaves is building a world-class community in freight that uses data and technology to help understand, react, predict and de-risk the market. The company’s website, FreightWaves.com, is the most trafficked news site in logistics globally. Content is seen more than 175 million times monthly. FreightWaves recently launched Trucking Freight Futures, the first financially settled freight futures contracts.

For more information on special pricing for TIA members, contact membership@tianet.org.

 

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The Transportation Intermediaries Association (TIA) is the professional organization of the $186 billion third-party logistics industry. TIA is the only organization exclusively representing transportation intermediaries of all disciplines, doing business in domestic and international commerce. TIA is the voice of the 3PL industry to shippers, carriers, government officials and international organizations. TIA is the United States member of the International Federation of Freight Forwarder Associations, FIATA.

TIA is the premier organization for third-party logistics professionals in North America and abroad. Membership at TIA adds value to your business and provides resources for growth.
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