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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

Truck fleet management has always been intensely focused on knowledge of the freight market. A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. Effective truck fleet management is vital for successful daily carrier operations.

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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. And knowing what’s happening to market volatility and trucking carriers across the country is critical to maximizing carrier revenue and margins. Request a SONAR Demo.

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

FreightWaves SONAR

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. The truck driver shortage and its relationship to the capacity crunch.

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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. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries. Download the White Paper.

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

FreightWaves SONAR

And there remain significant problems within the industry. Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. One of the biggest challenges facing the industry right now is deadheading. The problem of deadheading in trucking. Think about it. And it’s essential to understand why. .

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How Rising Fuel Costs Affect the Shipping Industry

TransAudit

Whether your shipments are going by truck, rail, airplane, or ship, you can expect fuel prices to affect your bottom line. When gas prices rise, the per-mile cost of operating trucks goes up. In 2021, per-mile trucking costs reached a record high. Purchasing new trucks is an investment, but it can pay off in the long run.

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10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

Transportation analytics is among the most effective tools in trucking contract negotiations. As explained by Logistics Management , “ it has become an increasing challenge for the logistics industry to stay on top of new advances in business processes. Trucking contracts are not necessarily built for disruption.