Log-hub

DECEMBER 8, 2023

But since you’re here, this must be the question you are asking yourself, and we’ll try to dig deep into the topic, helping you overcome the transportation costs obstacles. We witnessed a significant increase in the transportation costs. However, the question remains: how do you determine if the transportation itself will be optimal?

Cost Reduction 52

Cost Reduction Optimal Sourcing Handling Supply Chain Design Software 52

FreightWaves SONAR

DECEMBER 28, 2020

When it comes to planning RFPs and figuring out which carrier partnerships to pursue, shipping managers need to be aware of the various trucking carriers with availability. The value of diverse trucking carriers. Each provider offers unique services, coverages and perks depending on the trucking contract and carrier type.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

FreightWaves SONAR

FEBRUARY 26, 2021

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. And knowing what’s happening to market volatility and trucking carriers across the country is critical to maximizing carrier revenue and margins. Operating ratio and company margins (OPRAT).

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. Recruiting truck drivers is not only the top challenge for carriers, but it will always remain one of the highest priorities. The truck driver shortage and its relationship to the capacity crunch.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

MARCH 9, 2021

That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. Near-real time freight electronic tender trucking data offers reliable insights. Now imagine the value of more accurate data in light of the pandemic. Download the White Paper.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

FreightWaves SONAR

FEBRUARY 4, 2021

Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. The problem of deadheading in trucking. By utilizing effective trucking RFP protocols, freight managers can ensure trucks stay filled on every leg of every trip. Those that held on in 2020 continue to face obstacles as recovery begins.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

FreightWaves SONAR

FEBRUARY 11, 2021

Benchmarking standards within trucking fleets are continuously changing. As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.”

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

FreightWaves SONAR

FEBRUARY 15, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several operational-focused indices to aid asset-lite and asset-based carriers build trucking KPIs that will inform decisions that yield higher profit margins for those who run a trucking business. OPRAT is segmented into dry van, reefer and flatbed carriers.

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

FreightWaves SONAR

JANUARY 20, 2021

FreightWaves’ Todd Maiden said it best in early December: “Several analysts have published transportation outlook reports for 2021 that are calling for continued strength in the trucking markets. Request a SONAR Demo. Pricing uncertainty in the first half of 2021. Pricing uncertainty in the first half of 2021.

White Paper 90

White Paper Trucking Demo Freight 90

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

JANUARY 11, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several truck driver indices full of transportation data to aid carriers in staying ahead of any potential truck driver shortage within SONAR, the freight forecasting platform from FreightWaves. Truck to Driver Ratio (TDRAT).

Trucking 97

Trucking Procurement Analytics Modeling Software Demo 97

Locus

JUNE 9, 2023

In the midst of an outdoor movie screening of “Trucks,” a film about a town overrun by driverless trucks, a person from the crowd, who runs a transport service company, jokingly mentioned that while phantoms could handle the task, they couldn’t effectively control transportation costs. They are: 1.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Optimization Software Transportation 52

Locus

JUNE 9, 2023

In the midst of an outdoor movie screening of “Trucks,” a film about a town overrun by driverless trucks, a person from the crowd, who runs a transport service company, jokingly mentioned that while phantoms could handle the task, they couldn’t effectively control transportation costs. They are: 1.

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Optimization Software Transportation 52

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

FreightWaves SONAR

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

JUNE 17, 2021

Consumer packaged goods are facing inflationary pressures from all sides: Commodity prices are increasing; shortages of blue-collar workers for labor-intensive jobs; manufacturing costs increasing; packaging costs rising amid a boom in e-commerce; and transportation costs climb as capacity across all modes is historically tight.

Negotiating Skills 52

Negotiating Skills White Paper Data Transportation 52

FreightWaves SONAR

JANUARY 28, 2021

Few areas of the economy carry more confusion or misconception than the for-hire trucking industry. Locality and minimal resources are the defining characteristics of this transportation sector. Capacity concerns will remain a leader in for-hire trucking trends. Trucking capacity concerns are everywhere.

Trends 52

Trends Trucking Manufacturing Procurement White Paper 52

FreightWaves SONAR

DECEMBER 21, 2020

Transportation analytics is among the most effective tools in trucking contract negotiations. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Trucking contracts are not necessarily built for disruption.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . According to the Bureau of Transportation Statistics , “Total private and public fixed assets grew from about $4.9 trillion in 2010 to more than $6.7 trillion in 2018. trillion in 2018.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

FEBRUARY 19, 2021

(Graphics created by Emily Ricks) There are many attributes to consider when considering a truck freight rate. And these fluctuations within the trucking market range from market volatility to the lack of real-time data. trucking industry is experiencing a shortage of drivers. This will increase the truck freight rate.

Freight 78

Freight Trucking Demo Cost Reduction 78

Penske Move Ahead

MAY 30, 2024

Penske Transportation Solutions is taking part in this year’s Home Delivery World USA 2024 at the Pennsylvania Convention Center in Philadelphia June 5 and 6 as a Platinum Sponsor and exhibitor. Supply Chain, Logistics and Warehouse Management : Benefit from Penske’s industry expertise and tools designed to optimize supply chain operations.

Supply Chain Design Software 35

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 35

FreightWaves SONAR

FEBRUARY 22, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases trucking revenue benchmarking indices. These can aid asset-based and asset-lite carriers build transportation KPIs that will help managers make decisions that yield higher profits. They can aid in benchmarking and monitoring trucking revenue.

Trucking 85

Trucking Procurement Analytics Demo Modeling Software 85

Locus

MARCH 4, 2024

In the fast-paced world of supply chain management, Transportation Management Systems (TMS) have become an indispensable tool for retailers seeking to optimize their transportation operations. This is what retailers thought. However, as time passed, new challenges surfaced.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Cost Reduction Expense Reduction 52

FreightWaves SONAR

JANUARY 14, 2021

Yet, truck industry analyses and insight into existing conditions can help safeguard against uncertainty. Therefore, the pressures placed on last mile delivery may have a compounding effect, forcing truck industry participants to grapple with inefficiencies and grow more strategic. And as such, the urgency remains.

Industry 97

Industry Trucking How To Operations 97

FreightWaves SONAR

MARCH 9, 2021

make the process of procurement more efficient by mitigating transportation risk, and 3. What is the role of technology to aid in more collaborative discussions that allow parties to work together towards hedging overall transportation risk amidst disruptions? Using Freight Tech to Hedge Transportation Risk. reduce costs?

Supply Chain Planning Software 52

Supply Chain Planning Software Waste Reduction Cost Reduction Transportation 52

Blue Grace Logistics

JUNE 17, 2021

What’s covered in this article: The negative impacts of Covid-19 on the trucking industry. Ways to improve practices in the trucking profession. Technological advances in trucking. The global scarcity of professional truck drivers is evident. It is equally difficult to retain truck drivers. Image Source: [link].

Supply Chain Planning Software 62

Supply Chain Planning Software Trucking How To Logistics Network Optimization Software 62

Envase Technologies

AUGUST 1, 2023

Envase Webinar Series Recap | DrayMaster: Turn RFPs into Rewarding Future Partnerships In this webinar, we delved into the world of Request for Proposals (RFPs) in the trucking industry and explored how to leverage DrayMaster’s bid tool to respond quickly and effectively to RFPs.

Supply Chain Design Software 52

Supply Chain Design Software Security Optimization Software Webinar 52

FreightWaves SONAR

JANUARY 15, 2021

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. As explained by Transport Topics , “Alex Scott, assistant professor of supply chain management at Michigan State University, doesn’t foresee a return to normal for a while.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

FreightWaves SONAR

APRIL 6, 2021

The transportation of freight not needing the entire space of a truck is LTL freight. Both play a vital role in shipping and the transportation of goods. Trucking rates vary depending on the type of freight, load size and destination. Why changes in parcel or truckload rates impact LTL Freight.

Capacity 90

Capacity Freight Supply Chain Software Supply Chain Planning Software 90

Logistics Viewpoints

MARCH 15, 2024

Hundreds of vessels have diverted to longer routes, resulting in delivery delays, higher transportation costs and economic wreckage for local communities. The Biden administration is expected to soon issue a strategy for placing charging infrastructure for electric freight trucks in strategic and busy corridors.

Expense Reduction 138

Expense Reduction Cost Reduction Price Reduction Negotiating Skills 138

FreightWaves SONAR

JANUARY 12, 2021

Stop all the chaos of freight management, and take a moment to think about the trucking market’s consistency. Change is the only immortal aspect of freight management , and it’s time to assess the state of trucking market disruption. The problem is that the idea rarely becomes a reality in the fast-paced trucking market.

Trucking 75

Trucking Industry Demo White Paper 75

The Logistics of Logistics

FEBRUARY 7, 2022

Really cool trucks were in attendance at Manifest including autonomous and electric vehicles. Attendees didn’t just get brochures and video demos about the future of trucking, they got to climb in the trucks and participate in ride-alongs. POD trucks that are EV and AV. Ludacris was at Manifest. Forbes article.

Logistics Network Optimization Software 303

Logistics Network Optimization Software Conference Events Demo 303

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.

Data 52

Data Sourcing Strategies Transportation Freight 52

Logistics Viewpoints

NOVEMBER 3, 2023

The song was built using a demo track from John Lennon dating back to the 1970s and a guitar track from George Harrison from 1995. The song was supposed to come out back in 1995 as part of The Beatles Anthology, along with Free as a Bird and Real Love , two other tracks culled from 1970s Lennon demos.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Demo Packaging 132

FreightWaves SONAR

MARCH 26, 2021

Let’s juxtapose that against trucking fuel efficiency rates of around 10-20% of that amount. That effectively means rail is up to 10X more efficient than sending a shipment by truck. Benefits of intermodal shipping Intermodal shipping offers significant benefits across a variety of core transportation concerns. Shorter hauls.

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

FreightWaves SONAR

DECEMBER 29, 2020

Transportation brokers continue to search for new applications and uses of technology to empower more informed decision-making. Therefore, transportation brokers need to know how freight data can add value, why actionability and timeliness enable accurate fast-paced decisions, and a few tips to apply FreightWaves SONAR data every morning.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52