FreightWaves Selects Predata for AI-Driven Risk Signals
NEW YORK–(BUSINESS WIRE)–Predata, the predictive analytics company for geopolitical risk, today announced its integration with FreightWaves’ SONAR, the freight industry’s only market data and analytics platform. In doing so, Predata has built over 200 custom freight-specific signals that will be available to FreightWaves’ clients to assist them in anticipating previously unmeasurable transportation risks. This announcement comes on the heels of FreightWaves’ involvement in the launch of the world’s first-ever Trucking Freight Futures product.
The integration reflects how Predata technology can be seamlessly integrated with front-end trading systems and data providers. Predata’s AI-driven signals surface undiscovered concerns that have not been incorporated into a general consensus. With Predata’s unique dataset, SONAR users can quantify the potential impact of a variety of factors influencing the spot and futures pricing of trucking and freight…