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7 ways freight tech reduces operations costs and improves profits for carriers

FreightWaves SONAR

Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. WHAT IS LANE ACUITY PLUS? SCI aggregates $20 billion in annual shipper-to-carrier settled contract rate transactions from hundreds of shippers and thousands of carriers.

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What Is a Freight Rate Index?

FreightWaves SONAR

The freight market continues to swing upward. It would seem to come down to tracking these truckload freight rate index values. . It would seem to come down to tracking these truckload freight rate index values. . Many enterprises have built unique real-time freight data indices. Defining the freight rate index.

Freight 64
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Questions to Ask Your LTL Shipping Provider

GoShip Blog

You don’t have to use a full truck for your shipment, and the capacity is shared with other shippers so that you only pay for the space your freight uses. If you have already decided on picking an LTL shipping service, there is an important thing to do – choose the right carrier. Does the LTL shipping service provide all you need?

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Top Transportation Management and Transportation Articles of 2015

GlobalTranz

We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We are now on the 4th of our 5 main blog categories we will feature as we wind down the year. A Look To 2018 and Beyond.

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Stop Bleeding Money with Outdated Freight Bidding Strategies

CLX Logistics

So, what are your competitors getting from modern data and analytics solutions that you’re missing out on? Here are the main features of modern supply chain analytics solutions and services that help shippers optimize freight procurement, bidding, and benchmarking. Chief among them was COVID-19. Service Level Benchmarking.

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Here’s The Problem: Your Procurement Driven Transportation Sourcing Process Stinks!

247 Customs Broker

Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”. At first, he didn’t like my honest response: “Jim, you’re using a commodity-oriented procurement process for selecting your carriers and third-party providers. Guess what? By Mike Regan ·. March 26, 2018.