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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.

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Conducting a Trucking RFP: Tips for Shippers to Optimize Contract Freight

FreightWaves SONAR

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

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7 Freight broker sales tips for setting the hook with prospects

FreightWaves SONAR

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . Using a hook shows that you are not just calling down a list of companies, but have done your research and might have something of value in freight broker sales to share with them. . 3: Freight data.

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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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6 Truckload freight spend optimization best practices

FreightWaves SONAR

Optimizing truckload freight spend is essential in today’s freight market. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Choose the right carrier based on landed freight spend. Download the White Paper.

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How to price freight loads: carriers that use data price more accurately

FreightWaves SONAR

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Within the freight load management area of the network, data is essential.

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6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

Therefore, paying attention to data and building actionable metrics are critical to freight forecasting during COVID-19 and through the next disruption. The freight and transportation industry relies on applying data and information in a practical and timely manner. Connect your operation with near real-time data.

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