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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them.

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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? And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal.

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Operational trucking costs: how to get more from your fleet

FreightWaves SONAR

Operational trucking charges and costs are nothing new. While a scorecard of operations, similar to the lane scorecard used by shippers, can help carriers manage their fleets, it still leaves much to be desired. If a company’s staff can see what may occur based on current trends, they can better assign prices for loads.

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Using SONAR to Understand Local Markets and Seasonality

FreightWaves SONAR

National market trends are good for understanding where we are in any given freight cycle, but they say little about specific markets where companies operate daily or need to plan around in the future. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends.

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[Infographic] The 10 trucking trends among carriers for 2021

FreightWaves SONAR

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

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[WHITE PAPER] Carrier asset utilization and allocation best practices to reduce operating costs

FreightWaves SONAR

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. In addition, the pressure to operate efficiently and use capital and manufacturing capacity frugally will remain unrelenting.” Prioritizing moves based on inbound and outbound data trends. Request a SONAR Demo.

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Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. By aggregating and analyzing historical bid data, shippers can identify trends, benchmark performance and forecast future transportation costs more accurately.