FreightWaves SONAR

MARCH 9, 2021

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

FreightWaves SONAR

JULY 17, 2023

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Data 52

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

JUNE 10, 2021

FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.

Trends 52

Trends Capacity Outbound Inbound 52

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. The reasons for a carrier to reject the load tender are: 1) lack of trucking capacity; and 2) the rate is too low. RHAUL.ATL = 50.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

NOVEMBER 24, 2020

Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Market dynamics of freight management can turn on a dime.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

Freightos

MAY 1, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Red Sea-driven congestion and decreases in ocean capacity out of India have pushed air cargo demand up and export rates to twice as high as at the beginning of the year. Europe – N. kg to N.

Data 91

Data Logistics Network Optimization Software Freight Cargo 91

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

MARCH 28, 2024

SONAR tickers: OTRI.CHI, OTVI.CHI, VOTLT.CHI SONAR’s brokerage customers utilize multiple data sets to determine where the greatest opportunities lie as different markets experience volatility. Think of tender volumes as the demand for capacity whereas tender rejections are the response of capacity toward that demand.

Outbound 59

Outbound Procurement Analytics Data Capacity 59

Transporeon

SEPTEMBER 20, 2018

Shippers are feeling the effects of scarce carrier capacity. The driver shortage is affecting available trucking capacity. With luck, the shipper may find and contract with another carrier that has available space despite the driver shortage and scarce capacity. Scarce available trucking capacity leads to higher shipping costs.

Price Reduction 101

Price Reduction Cost Reduction Resource Reduction Capacity 101

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. But even more importantly, this freight data enables shippers to optimize their company’s operations in various ways by avoiding overspend and more.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

JANUARY 4, 2021

Here are 10 shipper of choice tips to help enterprises secure capacity and improve relationships with carriers, not to mention transportation brokers. The best examples of shippers of choice provide services along several trucking routes. Respond to issues, deviations and problems with data. Request a SONAR Demo.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

10xLogistics

MAY 15, 2024

This blog post will explore what CPFR is, why companies are interested in it, how it yields better results, and provide real-world examples of its application in business. A lack of trust can prevent the open exchange of this data, reducing the effectiveness of collaboration.

Supply Chain Planning Software 77

Supply Chain Planning Software Replenishment Inventory Reduction Scenario Planning 77

FreightWaves SONAR

MAY 14, 2024

Shippers drive prices higher when they bid against one another for available capacity in tight markets. Carriers drive prices lower, bidding for business when capacity is readily available. Starting in roughly 2017, the US freight market has had two periods of extended capacity tightness and two extended periods of looseness.

Price Reduction 52

Price Reduction Material Savings Cost Reduction Sourcing Strategies 52

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes.

Negotiating Skills 114

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 114

Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights. Europe – N.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 112

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. This helps to realize fewer tender rejections, increases an understanding for requests for proposal (RFPs) bringing optimal deals, and improves lead time planning to secure capacity procurement.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity. He’s obsessed with marketing, data storytelling (it’s a thing!) These rates dipped to around $3.50/kg

Cost Reduction 87

Cost Reduction Cargo Price Reduction Resource Reduction 87

Talking Logistics

OCTOBER 30, 2018

If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market.

Optimization Software 60

Optimization Software Supply Chain Software Material Savings Logistics Network Optimization Software 60

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . Greater efforts to mitigate volatility in freight costs, such as using more dedicated capacity or making larger use of private fleets. Monitor container volumes at origin into the future to gain insight into demand-driven pressures on capacity (and rates).

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Parade

DECEMBER 21, 2021

Tech and the Data Garnered from It Can Drive Smarter Strategy The , tools that tech provides are one thing; the data it collects and synthesizes so that companies can learn something from are infinitely valuable to gaining end-to-end visibility. The data gained from tech not only benefits the brokerage itself strategize.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Parade

DECEMBER 21, 2021

Tech and the Data Garnered from It Can Drive Smarter Strategy The , tools that tech provides are one thing; the data it collects and synthesizes so that companies can learn something from are infinitely valuable to gaining end-to-end visibility. The data gained from tech not only benefits the brokerage itself strategize.

Supply Chain Planning Software 78

Supply Chain Planning Software Price Reduction Scenario Planning Supply Chain Software 78

Transporeon

SEPTEMBER 20, 2018

Shippers are feeling the effects of scarce transport capacities in the market. The driver shortage is affecting available transport capacities. If they are in luck, they may find and contract with another carrier that has free freight space despite the driver shortage and scarce transport capacities.

Price Reduction 48

Price Reduction Cost Reduction Resource Reduction Capacity 48

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 105

Material Handling and Logistics

JANUARY 8, 2018

To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. Savitsky points to the example of a potential disruption that was averted.

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

GlobalTranz

JUNE 13, 2016

However, inconsistencies in service levels, including the use of inaccurate data, an economy that hinges on the state of foreign markets (think China), and changes to regulations and labor requirements are continuing to impact the capacity of the shipping industry. Capacity Is Tight, Not Impossible. Cassidy of JOC.com.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

Parade

JULY 30, 2019

2: Number of additional capacities generated per carrier sales rep. One of our customers shared a brilliant insight— they grade their CSR's performance on additional capacity obtained from their in-network carriers. Will you start sending us more of your capacity? Grow your carrier capacity and attract more shipper clients.

Data 60

Data Outbound Inbound Networks 60

Parade

JULY 30, 2019

2: Number of additional capacities generated per carrier sales rep. One of our customers shared a brilliant insight— they grade their CSR's performance on additional capacity obtained from their in-network carriers. Will you start sending us more of your capacity? Grow your carrier capacity and attract more shipper clients.

Data 60

Data Inbound Outbound Networks 60

Parade

JULY 30, 2019

2: Number of additional capacities generated per carrier sales rep One of our customers shared a brilliant insight— they grade their CSR's performance on additional capacity obtained from their in-network carriers. Will you start sending us more of your capacity? Grow your carrier capacity and attract more shipper clients.

Data 60

Data Inbound Outbound Networks 60

Parade

JULY 30, 2019

2: Number of additional capacities generated per carrier sales rep One of our customers shared a brilliant insight— they grade their CSR's performance on additional capacity obtained from their in-network carriers. Will you start sending us more of your capacity? Grow your carrier capacity and attract more shipper clients.

Data 60

Data Inbound Outbound Networks 60

SYSPRO Smarter ERP

DECEMBER 19, 2022

They have become applicable because the large amount of data they require is now created and stored by businesses, thanks to advances in computer technology. It uses historical data and applies statistical techniques to allocate resources in the most effective way to satisfy competing requirements. Inventory optimization.

Inventory Reduction 98

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 98

AIMMS

MARCH 2, 2021

In this blog, we will cover some commonly asked questions about S&OE and S&OE applications, based on what we heard from our webinar audience. S&OE and Data/Integration. To achieve this, integrating with live data is helpful, as well as getting detailed flow data on product availability, customer demand and KPIs.

Optimal Sourcing 83

Optimal Sourcing AIMMS Supply Chain Planning Software Modeling Software 83

Shipchain

MARCH 13, 2019

Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Freight shipped sooner for shippers and carriers.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52