SONAR Enhances Oracle's OTM Integration and Launches Exclusive Shipper Consortium
PorAinvest
lunes, 7 de julio de 2025, 11:47 am ET1 min de lectura
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The integration, announced just in time for the OTM Sig conference, introduces SCORE, SONAR's exclusive shipper consortium. SCORE offers a range of benefits, including tailored insights, collective intelligence, negotiation strength, and multimodal benchmarking. Currently, 14 shippers have joined SCORE, representing $9 billion in transportation insights [1].
With over $200 billion in annual freight spend and 1,000+ unique market inputs, SONAR delivers near real-time freight trends with data freshness within 24 hours. The integration provides Oracle OTM cloud customers with embedded access to SONAR’s high-frequency market insights, including real-time spot rates, contract rates, tender rejection indexes, and lane capacity scores [1].
The enhanced SONAR and OTM integration transforms benchmarking from a backward-looking report into a proactive strategic tool. Visit the SONAR team at OTM Sig, booth G9, to learn how to activate this integration and join the future of freight intelligence [1].
References:
[1] https://finance.yahoo.com/news/sonar-enhances-oracle-otm-integration-152653399.html
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SONAR enhances its integration with Oracle Transportation Management (OTM) through a partnership with Redwood Connect. This integration brings real-time freight market intelligence into OTM workflows and introduces SCORE, a shipper consortium for benchmarking. SCORE offers tailored insights, collective intelligence, negotiation strength, and multimodal benchmarking. The integration solves shipper challenges and enables smarter, faster decisions. Currently, 14 shippers have joined SCORE, representing $9B in transportation insights.
SONAR, a leading high-frequency freight market analytics platform, has significantly upgraded its integration with Oracle Transportation Management (OTM) through a partnership with Redwood Connect. This enhancement brings real-time freight market intelligence directly into OTM workflows, addressing persistent shipper challenges and enabling smarter, faster decisions [1].The integration, announced just in time for the OTM Sig conference, introduces SCORE, SONAR's exclusive shipper consortium. SCORE offers a range of benefits, including tailored insights, collective intelligence, negotiation strength, and multimodal benchmarking. Currently, 14 shippers have joined SCORE, representing $9 billion in transportation insights [1].
With over $200 billion in annual freight spend and 1,000+ unique market inputs, SONAR delivers near real-time freight trends with data freshness within 24 hours. The integration provides Oracle OTM cloud customers with embedded access to SONAR’s high-frequency market insights, including real-time spot rates, contract rates, tender rejection indexes, and lane capacity scores [1].
The enhanced SONAR and OTM integration transforms benchmarking from a backward-looking report into a proactive strategic tool. Visit the SONAR team at OTM Sig, booth G9, to learn how to activate this integration and join the future of freight intelligence [1].
References:
[1] https://finance.yahoo.com/news/sonar-enhances-oracle-otm-integration-152653399.html
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