The Truckload Carriers Association (TCA) has announced an exclusive partnership with FreightWaves, an agreement that links the editorial and data science team at FreightWaves with the TCA Profitability Program (TPP) 20 Index data and the growing Best Practice Groups.
This partnership’s first initiative—Truckload Indexes—is a microsite that will track the pulse of the truckload market. It will provide the public with a snapshot of the stories, data, personalities, opportunities and challenges facing this segment, which many refer to as the “Main Street of Trucking.”
Users of FreightWaves’ SONAR platform—an intuitive dashboard tool that offers an aggregation of multiple, highly disparate freight market data points—will now be able to plot the results from the TPP 20 Index, a subset of aggregated, anonymous, standardized key performance indicators (KPIs) from the top 20 performing trucking companies within TPP.
SONAR users will now be able to correlate all current economic and other disparate data sets with results from these financial and operational performance indicators.
These data sets will enable carriers of all sizes to benchmark their internal performance metrics against best-in-class operators. This type of data has never been available to the public and represents the most powerful set of indices in the entire trucking industry.
Members of the TCA Profitability Program will benefit from the partnership through the creation of the monthly TPP Member Playbook. This report, only available to TPP members, will combine near-real-time data from TPP and SONAR with market-specific commentary.
To learn more and subscribe to the Truckload Indexes weekly newsletter, visit www.TruckloadIndexes.com.