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Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

For shippers, the approach to transportation procurement is evolving. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis.

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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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Identifying freight market trends across all modes

FreightWaves SONAR

Short-haul volume growth shines a light on current trucking trends. Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates.

Trends 94
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Trade agreements and logistics data: why proactive planning always wins

FreightWaves SONAR

Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. And that’s especially true when considering new carriers or using other modes of transportation. Download the White Paper.

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5 shipping trends for 2021 for carriers to know

FreightWaves SONAR

With the havoc 2020 caused, can shipping trends get any worse? Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal. If a business wants to “thrive” in 2021 abnormalities, it’s essential to consider the top trends to expect through the year. Congratulations and welcome to 2021!

Trends 105
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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. It has been and remains a key part of the transportation and logistics puzzle for enterprise shippers today. Streamline data collection and analysis. Download the White Paper.

Data 98
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What data is available to track intermodal freight shipping rates

FreightWaves SONAR

Today’s shipping and transportation industry has changed in several ways, even over just the last few years. This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply chain. Data access to see savings compared to truckload and other shipping methods.