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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. Major shippers and transporters have only so much space available to work within LTL shipping capacity. Request a SONAR Demo.

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

FreightWaves SONAR

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Transportation management depends on historical and real-time data.

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Study 2: Inspect Demand Trends . Using Demand Forecasting Navigator to Study Demand Trends. Demo in Network Design Navigator . Understand Exposure .

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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Request a SONAR Demo.

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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Request a SONAR Demo. Request a SONAR SCI Demo.

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Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

Consider this example. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. Companies simply do not have the luxury to make last-minute decisions for basic transportation moves.

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Logistics automation and the vitality of data integrity in supply chain advancement

FreightWaves SONAR

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Take this example reported by Richard Davis in Supply & Demand Chain Executive , “It’s 7:00 p.m., Consider the following example. Request a SONAR Demo. Here’s the kicker.