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Guest blog: With the Truck Driver Shortage, How Many More Drivers will be Enough?

CH Robinson Logistics

This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? The answer is not simple and involves research and analysis across a number of factors. Analysis of employment data. for Q2 2021, relative to Q2 2018.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

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May 8, 2024 Update

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Diversions and disruptions leading to tight capacity on the overall network level help explain the elevated rates observed even on non-Suez Canal lanes. Europe – N. America weekly prices fell 2% to $1.77/kg.

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May 15, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. With capacity already tight due to Red Sea diversions, rates last week climbed to $4,151/FEU to N. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

According to Supply Chain 24/7 , “ In the industry right now, there are 10 orders to ship for every available truck; however, a large portion of private fleets are running their assets with a significant amount of empty backhaul miles. Read on to see how these innovations can help with truckload shipping procurement. Download the White Paper.

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September 26, 2023 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. A recent analysis suggests that some spending growth is on the types of goods , like video games, that don’t ship by ocean container – another factor in the relative disconnect between spending and freight.