article thumbnail

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.”

article thumbnail

Watch Trimble’s Engage Lane Demo from Future of Freight Festival 2022

Trimble

During the event, Rishi Mehra, director of operations and strategy, and Kelly Williams, product manager, had just seven minutes to present a Rapid-Fire Demo of Engage Lane: an agile transportation procurement platform that streamlines the relationship between carriers and shippers and helps them uncover better ways to move freight.

Demo 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Playbook – Why is Scenario Comparison in Network Design the key to success?

Log-hub

Is your gut feeling telling you ‘ ’My Supply Chain network fulfills customer demand, but, what-if…? ’’ You are positive your company’s network design requires some restructuring, but you don’t have the assets to convince the rest of the team? Your most valuable tool in such situations is making decisions based on data.

article thumbnail

[WHITE PAPER] Another rough year for shippers to manage bid process and carrier networks

FreightWaves SONAR

Improved railway fluidity is one of the few areas where transportation networks are improving, but even in that mode, terminal congestion remains rampant. In preparation for next year’s bid season, and for purposes of managing day-to-day carrier networks, we first recommend evaluating the performance of your current carriers.

article thumbnail

[WHITE PAPER] How to empower your network with routing guide compliance

FreightWaves SONAR

Big data in the supply chain is nothing new. Nearly every shipper, broker and carrier collects and uses data to derive insights, including predictive rates. The value created with real-time data and right-now lane-level analysis to enforce compliance. Request a SONAR Demo. Request a SONAR Demo.

article thumbnail

Why data is critical to freight routing guide compliance

FreightWaves SONAR

Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.

article thumbnail

Retail enterprise suppliers’ best practices to use global trade data

FreightWaves SONAR

Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Streamline data collection and analysis.

Data 98