FreightWaves SONAR

MARCH 30, 2021

Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. How those data-driven strategies and game plans are implemented makes all the difference in the world. Request a FreightWaves SONAR or a SONAR SCI demo by clicking the button below to get started.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

NOVEMBER 12, 2020

There are many aspects of day-to-day shipping processes that any freight broker must monitor. According to TruckingInfo.com , “Some envision technology in the freight market doing what Uber and Lyft have done in the ride-sharing market or Airbnb in the vacation market. Transportation costs are among the most critical of these.

Supply Chain Software 98

Supply Chain Software Optimization Software Logistics Network Optimization Software Freight 98

FreightWaves SONAR

FEBRUARY 4, 2021

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.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

APRIL 6, 2021

On the episode you’ll hear: How does Ed define the industry question: “what is digital freight matching?”. Is newtrul a digital freight matching platform? Load boards have been around for years, what’s the difference between what newtrul is, or any other digital freight matching platform, and a load board?

Digital 91

Digital Freight Demo Automation 91

FreightWaves SONAR

DECEMBER 11, 2020

Co-hosts Kyle Taylor and Luke Falasca focused on freight forecasting during COVID-19 on this episode of #WithSONAR. Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. Get a Demo of SONAR's Lane Scorecard.

Video 98

Video Freight Resource Reduction Demo 98

Freightos

FEBRUARY 22, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. With these strategies in place, carriers are reducing delays and have succeeded at avoiding congestion at major European and N. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

MARCH 5, 2021

Once weather like the snowstorm in Colorado or the one seared into Texans’ Valentine’s Day memory hits, it’s easy to predict what is going to happen next—the freight market in the area halted to a stand-still and strangled capacity , as also reported by The Dallas Morning News. Capacity signals for the freight market.

Freight 98

Freight Cost Reduction Price Reduction Outbound 98

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Regardless of segment, the need for technology and insight via real-time predictive freight rates that can explore the specifics are critical to success. Even worse, predictive freight rates using outdated data may do more harm than good. .

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

FEBRUARY 26, 2021

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Broken down to reefer, dry van and flatbed.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. And in freight management, a delay of a day or even hours can amount to significant delays and a poor customer experience. Consider this.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

DECEMBER 22, 2020

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.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. True trucking market mapping means looking to all the granularities and national factors affecting freight. This includes national factors that could affect freight, such as increased global trade, the demands of e-commerce and more.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

FEBRUARY 18, 2021

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.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. However, this is about a different type of freight load balancing-the balancing of assets. Defining freight load balancing. For carriers, it’s all about balance.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

FreightWaves SONAR

NOVEMBER 24, 2020

Supply chain professionals need to realize that real-time freight and shipping data is crucial to making market decisions and maximizing profitability across all loads for these five reasons. Real-time freight data enables immediate intervention for major disruptions. Yes, it does allow companies to reduce the time to execute a load.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. That extends to guiding freight bids too. Ocean freight impacts on trucking is another use case.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

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

DECEMBER 9, 2020

Most freight brokers have to source their own freight broker leads. It’s often a time-consuming process that is difficult for many freight brokers and freight brokerage businesses. It’s a label freight brokers slap on all companies shipping freight. 6 Tips to source freight broker leads. #1:

Sourcing Strategies 105

Sourcing Strategies Purchasing Skills Sourcing Tips 105

Freightos

MAY 28, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Freight news travels faster than cargo Get industry-leading insights in your inbox. China – N. Europe weekly prices stayed level at $4.02/kg. Europe – N. America weekly prices fell 1% to $1.73/kg.

Price Reduction 77

Price Reduction Expense Reduction Resource Reduction Data 77

FreightWaves SONAR

JANUARY 5, 2021

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.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

MARCH 30, 2021

On the episode you’ll hear: Why should freight market participants like shippers, brokers, and carriers 1, care about collaboration in the supply chain and 2. Are analytics and the mainstream use of them in the supply chain, but especially freight, a must-have and why? Request a SONAR Demo. Watch the episode.

Supply Chain Software 78

Supply Chain Software Collaboration Supply Chains Optimal Sourcing 78

FreightWaves SONAR

JANUARY 25, 2021

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.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. That’s where freight indices come into play.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. However, alternative routings that combine ocean freight and air freight reveal a tremendous opportunity to decrease cost and transit times, benefiting the entirety of the value chain.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. It’s that simple.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

Freightos

DECEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions are targeted. China – N.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Freightos

JANUARY 10, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. COSCO has reportedly joined OOCL in ceasing Israeli port calls, possibly as a strategy to avoid becoming Houthi targets. Asia-US East Coast prices (FBX03 Weekly) increased 58% to $3,980/FEU. China – N.

Negotiating Skills 88

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

FreightWaves SONAR

JANUARY 12, 2021

According to TruckingInfo , “As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of freight available – and the rates to haul it – plummeted. However, peer, market and historical freight invoice data can help, and it’s essential to know why.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Parade

MARCH 29, 2022

They’ve got more time to haggle a little with carriers to improve the load’s margins, time to chat with carrier reps about their lives and businesses, and more time to check in with carriers on their load preferences so they can send them even better freight in the future.

Digital 78

Digital Strategy Capacity Demo 78

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Frost & Sullivan estimates the digital freight brokerage market will reach $54.2 Use the Ocean Shipments Report to understand freight brokerage drayage planning.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

APRIL 5, 2021

Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Enterprise shippers naturally want to secure the most cost-effective capacity for their freight loads. Download the White Paper.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

DECEMBER 10, 2020

Freight management teams spend many resources responding to delays, issues, customer needs, data and marketing trends and shifting conditions with supply and demand. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed. And that’s the value of descriptive analytics.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Freight Resource Reduction 52

FreightWaves SONAR

MAY 7, 2024

This level of insight enables them to negotiate better terms with carriers and optimize their overall transportation budget strategies. Armed with trusted market data and powerful analytics, these companies are equipped to refine their procurement strategies and achieve their strategic goals more effectively.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

Blue Grace Logistics

SEPTEMBER 18, 2023

5 Steps To Defining A Successful Digital Transformation Strategy There are several steps to consider defining a successful digital transformation strategy: 1. The Customer Is King Digital transformation is all about the customer. Want a free BlueShip Demo? Digital transformation is a journey driven by a company’s goal.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62