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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

Relying solely on manual shipping data analysis continues to yield poor results. And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. By using descriptive and diagnostic analytics, freight management parties begin to see not only what happened, but why.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again.

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Why asset-based carriers are using freight tech to recruit truck drivers

FreightWaves SONAR

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. In turn, that slows down contract freight and reduces how much contracted truckers earn.

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Decreasing deadheading in trucking: how carriers are turning to data to maximize assets

FreightWaves SONAR

Waste matters in the shipping industry because every instance leads to higher freight costs. By utilizing effective trucking RFP protocols, freight managers can ensure trucks stay filled on every leg of every trip. Of course, carriers want their transportation networks to be as profitable as possible.

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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

Truck fleet management has always been intensely focused on knowledge of the freight market. By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis.

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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. Trucking rate predictors utilize freight and trucking data to provide shippers and LSPs with a wealth of knowledge and actionable insights to streamline strategic positioning. Think about it.

Data 59
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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too. Freight management represents a vital part of market adaptability. The value of strategic planning and real-time data analysis cannot be overstated.