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

FreightWaves SONAR

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. And it’s important to know why tendered, non-paid data can add so much weight.

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AR Initiatives Show Promise Amid COVID-19 Fallout

IoT World Today

The industry is moving in that direction, as augmented reality (AR) and virtual reality (VR) systems begin delivering fresh new Internet of Things (IoT) data analytics to workers in a variety of fields. “We AR Puts IoT Data in Context. Connecting workers to useful IoT data feeds is a major goal of AR initiatives. Others agree.

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How quickly the market turns

FreightWaves SONAR

This backdrop presented a bright outlook for carriers during the first two months of 2022. This indicates that the spot market that once presented fruitful opportunities for carriers is starting to dry up. Interested in staying on top of the freshest freight market data? Request a SONAR Demo. Request a SONAR SCI Demo.

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7 Freight broker sales tips for setting the hook with prospects

FreightWaves SONAR

Or it could be a conference presentation or webinar your prospect just delivered. . Go through this information carefully; it will give you numerous clues how to position your sales presentation to align with how it serves your prospect’s customers. . #2: 3: Freight data. 2: Company news. Download the White Paper. #4:

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Is Freight Broker TMS Accurate? No. It's More a Freight Broker Operating Business Ecosystem

Turvo

According to TruckingInfo , “gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable.” Profit Margin Slippage Presents New Challenges for Freight Brokers Industries across the globe continue to experience shrinking profit margins.

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Industry Trend on the Rise for Supply Chain and Logistics: Automation

Shipchain

According to EFT’s Supply Chain Hot Trends to Watch for in 2019 , one of the most significant trends that we should be paying attention to this year is automation. That said, it is slowly but surely catching up, and automation in the supply chain is becoming increasingly present.

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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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