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Freight Market Data Sources

FreightWaves SONAR

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

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How to Use Artificial Intelligence (AI)  for Shipping Document Automation

RPA Labs

As domestic truck rates increase, international trade freight costs will most likely escalate too. Shippers and freight forwarders are turning to AI for shipping document automation to stay competitive in price and efficiency. . What Is Shipping Document Automation ? Automatically Classify All Documents.

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Transshipment Problems Solved: What Is Document Automation for Transshipments

RPA Labs

The intelligent aspect is introduced by robotics, artificial intelligence, and other emerging technologies that can carry out human actions and act independently by making decisions, or interpreting data without direct human interference.” . How Document Automation and RPA Helps Reduce and at Times Eliminate Issues.

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[INFOGRAPHIC] FreightWaves SONAR spot freight market data sources

FreightWaves SONAR

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

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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. Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. A common problem in the process of annual trucking contracts derives from limited network contracts.

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Why OCR-Only Supply Chain Automation Fails

RPA Labs

As companies begin incorporating baseline RPA technologies, such as OCR, many are getting stuck by the limitations of some without seeing the advantages of using automation for more data-driven processing. . Optical character recognition (OCR) is automation software designed to convert digital document images into editable text.

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10 shipper of choice tips to aid in securing capacity and carrier relationships

FreightWaves SONAR

Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. The best examples of shippers of choice provide services along several trucking routes. Offer personalized services and options.

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