In this thesis, dual-frequency optoelectronic oscillators (OEOs) and their applications to transverse load sensing are studied. Two configurations of dual-frequency OEOs are proposed and investigated. In the first configuration, a polarization-maintaining phase-shifted fiber Bragg grating (PM-PSFBG) is employed in the OEO loop to the generation of two oscillating frequencies. The beat between the two oscillating frequencies is a function of the load applied to the PM-PSFBG, which is used in transverse load sensing. To avoid the frequency measurement ambiguity, a second configuration is proposed by coupling a dual-wavelength fiber laser to the dual-frequency OEO. A single tone microwave signal with the frequency determined by the birefringence of the grating is generated in the OEO and is fed into the fiber ring laser to injection lock the dual wavelengths. The sensitivity and the resolution are measured to be 9.73 GHz/(N/mm) and 2.06×10-4 N/mm, respectively. The high stability of the single-tone microwave signal permits accurate measurement, while the frequency interrogation allows an ultra-high speed demodulation.