FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. This sector covers important activities relating to procurement, transport, and storage of goods. Measuring performance with transportation KPIs and freight data is getting easier. Think about this.

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FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Part of that strategy lies in using the right transportation data, analysis and insightful reports, such as those provided within FreightWaves SONAR, to guide day-to-day operations.

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FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Expand bidding strategies based on data-driven market insights.

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FreightWaves SONAR

APRIL 13, 2021

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. Data and analytics can provide enlightening insights that can greatly improve transportation management.

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FreightWaves SONAR

MARCH 23, 2021

Empty miles mean that a freight spends time on the road while not transporting any product. Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Request a SONAR Demo.

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FreightWaves SONAR

FEBRUARY 26, 2021

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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The Logistics of Logistics

JUNE 23, 2022

Transportation service providers look for new and innovative tools, technology, and processes to improve delivery solutions while staying competitive. Retail delivery solutions continue to change to keep up with market trends. Retail delivery solutions continue to change to keep up with market trends.

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FreightWaves SONAR

MARCH 22, 2021

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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FreightWaves SONAR

MARCH 3, 2021

FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The overriding trend prior to these storms was that of a slow loosening of the market, as indicated by existing predictive capabilities Remember that the need to stay strategic is paramount.

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FreightWaves SONAR

DECEMBER 11, 2020

Watch the episode below: What makes SONAR’s Lane Scorecard app unique from bulk lane rate tools on the market is its proprietary SONAR lane scoring, SONAR predictive rates and its spark graphs that allow a user to more easily see past and forecast trends. Get a Demo of SONAR's Lane Scorecard. It has been recognized by Inc.,

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FreightWaves SONAR

FEBRUARY 18, 2021

The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . Utilizing applied technology helps freight management reduce issues during transportation that cause drivers and companies to lose money. Increased route optimization to speed transportation.

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Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. The fact remains that within freight transportation protocol, trucking capacity is finite. They are expected and should be anticipated – with laser-precision if possible. Contract freight may not equate to guaranteed capacity.

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FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Poor tender acceptance strategies. Analyze historical and recent trends to identify warming versus cooling markets, helping carriers avoid undervaluing services. Request a SONAR Demo.

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FreightWaves SONAR

NOVEMBER 19, 2020

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. Request a SONAR Demo.

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FreightWaves SONAR

NOVEMBER 12, 2020

Transportation costs are among the most critical of these. Since a freight broker’s whole business is transportation, the risks and losses are more severe than most. A successful freight broker can reduce this likelihood by ensuring that the company is always on top of the newest trends. Request a SONAR Demo.

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FreightWaves SONAR

MARCH 23, 2021

What trends are you seeing for retailers in the use of technology to help optimize their supply chain and transportation networks? What’s the ideal carrier market strategy for different regions? Request a SONAR Demo. Why is it important to Benchmarking carrier performance and monitor that over time?

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FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

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TransAudit

DECEMBER 14, 2022

Learning more about fuel costs and shipping will give you a better understanding of what’s going on and equip you with some strategies to help. Other forms of transportation are feeling the pinch as well. Rail is a more fuel-efficient mode of transportation than others, but even it isn’t immune to price fluctuations. New Routes.

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FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Request a SONAR Demo.

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The Logistics of Logistics

JUNE 23, 2022

However, even as retailers scramble to meet e-commerce consumer demands, and providers lean into the latest trends to get those packages to front doors, there is plenty going on behind the scenes. OneRail showcased its final-mile solution during a Monday demo session at FreightWaves’ Future of Supply Chain event.

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Locus

JUNE 16, 2023

Last-mile delivery is the crucial stage of transporting goods from the retailer’s transportation hub to the ultimate delivery destination. Read also: How to Calculate the Cost of Transport 2. Thus, businesses should enhance their delivery services without hurting their profit margins.

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FreightWaves SONAR

FEBRUARY 16, 2021

Freight intelligence tools help management develop a more unified freight strategy. Even the best, fully staffed transportation network will need help at times or in specific areas. And setting up benchmarks comparing internal trucking KPIs to external market trends can help managers keep tabs on the competition.

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FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. These factors are further seen in top-industry trends.

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FreightWaves SONAR

JANUARY 25, 2021

And the overall industry trucking trends imply an absolute need to grow more strategically. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. And the only way to see these costs is to get real-time freight data across the full carrier transportation network.

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FreightWaves SONAR

FEBRUARY 24, 2021

Judging from FreightWaves’ new Inbound Ocean TEU Volume Index (IOTI) and the recent Transportation Air Cargo Index (AIRUSD), that is not the only company choosing to fly versus ocean shipping of goods over the Pacific. Transportation providers have the same challenge. Request a SONAR Demo. Epilogue by Jason Vanover).

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FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. Lane Acuity Plus looks at a lane by mode inside a transportation sector. Knowing the trends of the lanes can help widen their margins. .

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FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Request a SONAR Demo.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

GlobalTranz

APRIL 6, 2016

The transportation management system is undoubtedly one of the buzzwords of the modern logistics industry. Shippers around the globe are realizing why the time has arrived to take advantage of transportation management system benefits. We call this a hybrid managed transportation model. Transportation Management System Benefits.

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FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through the good and bad times. Poor tender acceptance strategies. Analyze historical and recent trends to identify warming versus cooling markets, helping carriers avoid undervaluing services. Request a SONAR Demo.

Supply Chain Software 52

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FreightWaves SONAR

MARCH 5, 2021

With the port congestion issues we have been dealing with in LA, and the lack of outbound and inbound shipments in Dallas due to recent weather trends, these signals are not surprising. . Send them a screenshot, like the one below, to let them know the current rate trends. Request a SONAR Demo.

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EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. How do high interest rates and inflation impact supply chains?

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Locus

MARCH 27, 2024

Mix it up with omnichannel Omnichannel retailing , the strategy that integrates all shopping channels like online or in-store isn’t just a buzzword—it’s a cost-saving revolution for retail businesses. This proximity reduces the need for long-haul deliveries, further cutting down transportation costs.

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FreightWaves SONAR

JANUARY 12, 2021

A successful freight pricing strategy is not as simple as it sounds. How to leverage data to future-proof your trucking company pricing strategy. In that case, it is possible to derive a few best practices that allow carriers to future-prove their carrier freight pricing strategies. Think about it. What are you waiting for?

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EazyStock

JUNE 16, 2022

AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. ML models teach themselves over time by analyzing trends and spotting anomalies and then offering predictive insights.

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FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Pressure to develop an omnichannel strategy with strong customer service levels. Identify surface transportation trends being driven by U.S.

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FreightWaves SONAR

DECEMBER 16, 2020

It also shows your prospect that you keep on top of industry trends. . #3: Speaking of keeping on top of trends, using freight market data is another attention grabber that is not as always evident in the list of freight broker sales tips. Request a SONAR Demo. 3: Freight data. 5: Conferences . 7: Social media.

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