FreightWaves SONAR

APRIL 1, 2021

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. LTL shipping rates would historically depend on freight class and the cost per hundredweight . Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

DECEMBER 16, 2020

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . Or it could be a conference presentation or webinar your prospect just delivered. . 7 freight broker sales tips for building the hook. #1: 7 freight broker sales tips for building the hook. #1:

Tips 59

Tips Freight After-sales Conference 59

FreightWaves SONAR

DECEMBER 8, 2020

And it will extend beyond the four walls of your business to freight brokers and more. Get your team on board with new strategies. Business leaders should work to share new strategies and process improvements with all staff. Transportation and freight analytics provide insight into the full transportation lifecycle.

Data 82

Data Resource Reduction Cost Reduction How To 82

FreightWaves SONAR

MARCH 2, 2021

Combining common freight KPIs with cost analysis and tracking can give management a clearer picture of what path to take for short-term and long-term success. And if shippers know more about how carriers price freight, they are better able to identify those trends based on market signals and pre-empt carrier pricing changes. .

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Parade

JANUARY 18, 2022

Parade Tip : High levels of demand, though they can be stressful, present a wealth of business opportunities for brokerages. It’s the perfect time to start picking up business in new lanes, branching out your carrier network to accommodate freight in new areas, or even new types of freight altogether. No problem.

Tips 78

Tips Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Envase Technologies

JUNE 23, 2023

But we’re not talking only truckers, we mean carriers, shippers, brokers, freight forwarders, 3PLs, warehouses, distribution centers, container depots, any stakeholder in the supply chain. For a quick demo, jump to 16:20 in the webinar recording to watch Bobby walk through it! Its as simple as 1, 2, 3. Search, Book, Pay.

Webinar 52

Webinar Price Reduction Optimal Sourcing Cost Reduction 52

247 Customs Broker

APRIL 26, 2018

To align with strategy, such as growth, a company may need to upgrade its technology. In many larger companies, simply identifying requirements is not sufficient, and a business case must be built and presented to various members of the executive team. TMS Solution Selection Step 4: Demo Phase. Compliance to U.S.

Procurement Solutions 28

Procurement Solutions Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 28

FreightWaves SONAR

MARCH 24, 2021

One of the best strategies of risk management is diversification of assets or revenue drivers. Brokerage leaders are turning to this strategy for their freight business. Many small and medium-sized brokerages find themselves entering the freight brokerage market with a specialized niche.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

FreightWaves SONAR

MARCH 25, 2021

Routing guides are a universal source of carrier freight tendering and action. They apply to all freight parties and are regularly updated to ensure that shippers can keep freight spend under control. For instance, both CVS and Academy both present their routing guides online for easy access.

Optimal Sourcing 97

Optimal Sourcing Negotiating Skills Resource Reduction Expense Reduction 97

FreightWaves SONAR

APRIL 7, 2021

Spot rates are much more volatile and represent roughly 10%-20% of the for-hire truckload market freight volume. Most of the freight moves under a more consistent pricing structure or “ contract ” rates. This index largely consists of long-term contracted freight rates and excludes loads under 250 miles. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

The Logistics of Logistics

MARCH 14, 2023

As a result, data security and compliance have become a critical component of logistics operations, although implementing adequate controls can present numerous challenges in these complex networks. To learn more about OneRail’s last mile platform, schedule a demo today.

Compliance 195

Compliance Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 195

Turvo

MAY 11, 2020

Freight brokers face a perilous future of uncertain profitability. According to TruckingInfo , “gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable.” In response, more companies want a freight broker TMS. in the third quarter of 2019.

Cost Reduction 55

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 55

FreightWaves SONAR

MARCH 1, 2021

USA is a day-by-day comparison of historical predicted values for a 7-day duration for freight rates and are represented against the current reported rate shown within FWS.USA. A key advantage of SONAR is that it provides predictive analytics so that subscribers can see what linehaul rates are forecast to be in the future. 7USA and FWS28.USA

Data 59

Data Modeling Software Price Reduction Cost Reduction 59

GlobalTranz

FEBRUARY 17, 2015

As a TMS provider, Cerasis also provides the services related to transport management: freight claims , freight accounting , carrier relations , and more. By 2018, most TMS applications will come with advanced route, freight and network optimization features using all these powerful technologies.

Optimization Software 97

Optimization Software Cost Reduction Expense Reduction Inventory Reduction 97

FreightWaves SONAR

JANUARY 8, 2021

Analytics-driven processes are the go-to strategies for all freight management parties that seek to increase profitability. But there can be problems in carrier freight KPIs creation and use. Here are 18 top carrier benchmarking KPIs that trucking freight carriers should start tracking today. Workforce freight KPIs.

Expense Reduction 104

Expense Reduction Price Reduction Freight Purchasing Skills 104

FreightWaves SONAR

FEBRUARY 5, 2021

Market volatility insight presents value to carriers that learn to recognize how trends lead to challenges and why those challenges represent opportunities for improvement. These trucking costs all present an ongoing concern for carriers, and unless carriers are prepared, they will lose sight of the bigger picture.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

FreightWaves SONAR

MARCH 5, 2021

Much of the debate over freight analytics rests on how well predictive analytics aligned with what was observed in the market. But that concept often falls by the wayside in supply chain analytics, especially when assessing the accuracy of predictions using freight data or a forecasting engine. USA and FWSR28.USA

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

FreightWaves SONAR

APRIL 23, 2021

Gaining insight into FreightWaves SONAR emissions data presents multiple benefits for businesses. Understanding emissions data allows optimal planning and strategies for shipment execution, which in turn provides solutions to wasted cargo space and provides the most efficient transportation mode for the job.

Waste Reduction 52

Waste Reduction Cost Reduction Negotiating Skills Sourcing Strategies 52