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.

Industry 97

Industry Trucking How To Operations 97

Transporeon

FEBRUARY 11, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Purchasing Skills 48

FreightWaves SONAR

FEBRUARY 26, 2021

Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. The rationale behind this transition is simple; digitalization is the new trend for logistics.

Supply Chain Planning Software 48

Supply Chain Planning Software Logistics Network Optimization Software Inventory Reduction Trends 48

FreightWaves SONAR

MARCH 12, 2024

For years prior to the pandemic, the consistency and integrity of global trade lanes meant that the industry viewed costs and lead times as assumptions rather than obstacles, especially as each generation of cargo ship has grown ever larger. By following maritime data and pairing it with multimodal domestic trends (volumes, rejections, etc.),

Trends 64

Trends Inventory Reduction Cost Reduction Ordering 64

FreightWaves SONAR

APRIL 12, 2021

Today’s shipping and transportation industry has changed in several ways, even over just the last few years. Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services. Download the White Paper.

Availability 98

Availability Data Supply Chain Planning Software Freight 98

LandLink

DECEMBER 2, 2021

Non-usage, in the case of containers, represents a lack of outbound shipments in a specific area. In both cases these pure expenses will be reflected in the outbound rate. Empty miles for a trucking company represent the cost of repositioning equipment to meet demand.

Outbound 90

Outbound Expense Reduction Maintainability Logistics Network Optimization Software 90

GlobalTranz

JANUARY 17, 2018

However, manufacturers must also look beyond systems and software, uncovering how better processes and strategy can enhance operation through these additional trends. Manufacturers Looks to Reduce the Skills Gap, a Consistent Issue When Talking Trends in American Manufacturing. The Dominance of E-Commerce Continues.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

FreightWaves SONAR

SEPTEMBER 28, 2023

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. What does this mean for freight rates? It takes time for carriers to adjust to new freight patterns.

Inventory Reduction 59

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 59

CLX Logistics

APRIL 26, 2019

The year 2018 was challenging for shippers in all industries, including chemical, due to capacity constraints in the marketplace that inflated costs. For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. Learn More.

Optimal Sourcing 46

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 46

FreightWaves SONAR

FEBRUARY 24, 2021

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Industry expert guidance as a best practice.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

Shipping and Freight Resource

NOVEMBER 23, 2021

However, port information from San Pedro Bay ports, which handles 40% of US trade, shows that this trend of empty container outbound movement has been going on for a few years and is not a new phenomenon. Learn more at — www.pesti.io.

Outbound 85

Outbound Logistics Network Optimization Software Sourcing Supply Chain Software 85

FreightWaves SONAR

MARCH 25, 2021

For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. And that’s a meaningful advantage in an industry where growth remains subjective and constantly under the threat of other competitors.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

SEPTEMBER 28, 2023

Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. What does this mean for freight rates? It takes time for carriers to adjust to new freight patterns.

Inventory Reduction 52

Inventory Reduction Freight Cost Reduction Manufacturing Procurement 52

Trinity Logistics

OCTOBER 14, 2021

In fact, the current Outbound Tender Volume Index is roughly three percent higher year-over-year (YOY). As we are seeing sectors that rely heavily on open-deck trailers to move their freight (gas & energy, industrial manufacturing) increase production, this upward trend is expected to continue. MORE OF THE SAME.

Freight 62

Freight Negotiating Skills Outbound Replenishment 62

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. This data has been collected over a 4 year period, broken down into shipper industry cohorts.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

GlobalTranz

OCTOBER 27, 2021

Maintaining overall efficiency within the OTR trucking industry relies on having access to a network of both national and regional providers. Download the White Paper: Over the Road Freight Management Trends. Download the White Paper: Over-the-Road (OTR) Freight Management Trends. Learn More.

Sourcing Strategies 79

Sourcing Strategies Optimal Sourcing Efficiency Networks 79

FreightWaves SONAR

SEPTEMBER 29, 2023

Even during times when the industry is described as “a shipper’s market,” figuring out what to expect has proven difficult at best. The disruption forced many industries around the globe into a sonic-class boom of growth. The supply chain is everywhere and affects every industry on the planet.

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. The volatility in the auto industry has wreaked havoc on the Detroit freight market. .

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

MARCH 5, 2021

The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. Photo: Jim Allen/FreightWaves at Edge Logistics.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

APRIL 8, 2021

Managers of carrier relations representatives can set alerts for when these trends start to change, but with an increase in rates this high, your strategy should be focused on contracting these carriers to a more sustainable rate (if they are even willing to have that discussion). . Start Building Reefer Relationships Now!!!

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

Camelot 3PL Software

DECEMBER 6, 2023

It provides visibility into current stock levels, location of items, and the status of inbound and outbound shipments. Continuous Improvement Continuous improvement involves regularly reviewing your processes, getting feedback from staff, and staying updated with the latest industry trends.

3PL 52

3PL Optimization Software Inventory Reduction Logistics Network Optimization Software 52

Logistics Viewpoints

MAY 12, 2022

As a result, warehouse space is scarce and rents are on the rise – a trend that could continue “for at least another two years,” according to a recent report from commercial real estate services firm JLL Inc. The yard is a black hole crying out for visibility. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.

Supply Chain Design Software 113

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 113

Talking Logistics

OCTOBER 20, 2020

Customer experience once demanded extensive outbound optimization—often leaving inbound as an afterthought. Then COVID-19 happened. Now inbound is becoming stronger than ever, and connectivity is helping.

Inbound 81

Inbound Supply Chain Software Outbound Optimization Software 81

FreightWaves SONAR

APRIL 14, 2021

Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG

Manufacturing Procurement 52

Manufacturing Procurement Capacity Procurement Analytics Trucking 52

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

Logistics Business Magazine

JANUARY 19, 2022

Making the best use of industrial warehouse space has become even more urgent at the start of 2022 with the latest figures suggesting a severe shortage is due to the pressures of e-commerce. Not only that, but they suffer from significant revenue reductions when incorrect goods arrive at their locations and repacked for outbound delivery.

Waste Reduction 51

Waste Reduction Resource Reduction Inventory Reduction Cost Reduction 51

FreightWaves SONAR

JULY 10, 2023

The loss of predictability The domestic freight market was relatively stable after the Great Recession, which trended right in line with economic growth. That pattern changed in 2016 as the industrial economy hit a stumbling block after the oil markets collapsed but the economy. Trucking demand has stabilized this spring.

Freight 52

Freight Capacity Outbound Supply Chains 52

FLS Transport

MARCH 3, 2021

FREIGHT CHART OF THE WEEK: If you look at one chart this week, make it the outbound tender volume index. It’s partly due to the great North American trade relationships between US-CAN-MEX… and partly due to recent near-shoring trends in MEX due to trade wars with China. Volumes snapback quickly after winter storms.

Procurement Analytics 96

Procurement Analytics Freight Purchasing Skills After-sales 96

247 Customs Broker

OCTOBER 20, 2020

Customer experience once demanded extensive outbound optimization—often leaving inbound as an afterthought. Then COVID-19 happened. Now inbound is becoming stronger than ever, and connectivity is… The post 2020: The Great Inbound Rebound – Talking Logistics appeared first on 24/7 Customs Broker News.

Inbound 65

Inbound Outbound Logistics Optimization 65

247 Customs Broker

OCTOBER 20, 2020

Customer experience once demanded extensive outbound optimization—often leaving inbound as an afterthought. Then COVID-19 happened. Now inbound is becoming stronger than ever, and connectivity is… The post 2020: The Great Inbound Rebound appeared first on 24/7 Customs Broker News.

Inbound 63

Inbound Outbound Optimization Trends 63

GlobalTranz

MAY 31, 2018

It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Government regulation that touches on aspects of volume and carriage is another force that’s in play in the industry. Download White Paper.

Tips 65

Tips Transportation Outbound Vendor Strategies 65

FreightWaves SONAR

AUGUST 22, 2023

Now, an unseasonable upswing in truckload tender volumes is infusing the industry with a fresh sense of optimism. Up until this point, 2023 market shifts have more or less aligned with historic seasonal norms. A late-summer demand spike, however, is altogether unexpected. “The

Data 52

Data Optimal Sourcing Government Price Reduction 52

Logistics Viewpoints

JUNE 16, 2023

The new machines are being engineered with the ability to walk around warehouses, reach items high on shelves, crouch to put things down and pick up and move boxes, defying some of the physical limits on automation in the industrial world. Nearly three quarters (74 percent) of U.S. The move is well underway for many businesses, as U.S.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 103

FreightWaves SONAR

APRIL 29, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. As disorienting as the past year and a half have been for everyone, few industries have experienced as much upheaval as retail. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52