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Using SONAR to Understand Local Markets and Seasonality

FreightWaves SONAR

Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends. Below are a few such tools to help you become your own local market expert. You can follow up with a demo or talk with an expert to help pair insights globally down to an individual market or modal level.

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What Is Supply Chain Predictive Analytics & Why Should Freight Pros Care

FreightWaves SONAR

According to Supply Chain Dive , “The number of supply chain professionals who say they’re currently using predictive analytics at their company has grown 76% from 2017 to 2019, according to a Supply Chain Dive analysis of the annual MHI Industry Report.” Request a SONAR Demo. The value of supply chain predictive analytics.

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Freight and trucking data: how historical and contract load tender data create a trucking rate predictor

FreightWaves SONAR

The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. In 2019, 30% of respondents said they were currently using this technology, up from 17% in 2017.” And analytics provides carriers with the tools to improve carrier operations significantly.

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5 shipping trends for 2021 for carriers to know

FreightWaves SONAR

Bureau of Labor Statistics , “Overall employment of delivery truck drivers and driver/sales workers is projected to grow 5% from 2019 to 2029, faster than the average for all occupations.” And that recovery can be hastened with the right freight forecasting tools to maximize carrier profitability. Request a SONAR Demo.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

Up until the end of 2019, more than half of the carriers were unprofitable. Do it all in one step with carrier predictive freight rating tools Regardless of the size or current stressors within your trucking company, now is the time to innovate and implement data-driven pricing methodologies. Request a SONAR Demo.

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What enterprise shippers can expect from logistics automation in 2021

FreightWaves SONAR

billion in 2019 and is projected to reach US$ 91.7 Digital freight tools and platforms also form an integral piece of the puzzle. Request a FreightWaves SONAR demo , via the button below, to better navigate the freight market today. Request a SONAR Demo. billion by 2027; it is expected to grow at a CAGR of 11.5%

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Freight Business: Use SONAR indices to diversify your freight brokerage portfolio with port shipments

FreightWaves SONAR

After losing Amazon’s $600 million annual spend in 2019, Bradley Jacobs, the chief executive officer of the company, vowed to diversify the freight business portfolio so that no single customer was more than two percent of revenue. In 2019, not one of their market shares was over 20 percent of their total revenue.

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