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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Lacking data promotes trouble in annual contract capacity procurement during times of volatility. Using analytics will save time and help avoid problems securing LTL freight rates and capacities by pointing out opportunities.

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5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity. Download the White Paper.

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

FreightWaves SONAR

Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. Of course, carriers want their transportation networks to be as profitable as possible. Download the White Paper. Problems arise when companies cannot respond to order requests, capacity opportunities and/or customer requests.

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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Managers spend a great deal of time looking for trucking capacity , including multi-modal options, to handle freight transportation needs. Download the White Paper.

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Shipping demand management: why enterprise shippers need in-depth insights

FreightWaves SONAR

That’s even more true since transportation capacity, indicated by LMI.TPCP, is at 46.34, well below prior years’ averages in the above image. The problem: Shipping demand management includes a need to source capacity around the clock Capacity rules when it comes to keeping the supply chain moving and the trucks full.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

Download the White Paper. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking. Carriers have a finite amount of capacity. And there will be times when capacity constraints require increased rates and even outsourcing of some loads. Request a SONAR Demo.

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

FreightWaves SONAR

The truck driver shortage and its relationship to the capacity crunch. The industry is growing and will only continue to suffer from finite trucking capacity. The main concern for the truck driver shortage is its relationship to the capacity crunch. Download the White Paper. Request a SONAR Demo.