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Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

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New Tools, Fuel Savings and Events: Envase April Newsletter

Envase Technologies

New driver app and business intelligence offerings, how to save on fuel, upcoming events, and the latest Envase team member spotlight. Event: HTA Draytech 2022 Envase is excited to be the title sponsor of DrayTech 2022 as we showcase the latest technologies that move freight faster. Request a Demo. Just Launched ??: Learn More.

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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

Enterprise shippers and freight shipping managers have to plan and prepare for many processes and events that have yet to occur. Being able to secure loads and maintain long-term shipping contracts is essential to keeping trucks full and keeping the fleet on the road. Poor data analytics cause disruptions.

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How transportation brokers should start each morning with FreightWaves SONAR-fueled data

FreightWaves SONAR

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

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Freight Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR). Source: SONAR).

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.

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Enterprise Freight Management: 7 Last-Minute Thoughts to Boost Efficiency

FreightWaves SONAR

Companies in the over-the-road trucking industry constantly strive to boost efficiency. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues.