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Freight market data size matters: 5 key hallmarks of data sets that improve transportation procurement

FreightWaves SONAR

According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.

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Paper and packaging companies face rising input and freight costs

FreightWaves SONAR

Despite revenue declines across the industry in 2020, we estimate that freight spend was as high as pre-pandemic levels due to growth in packaging demand and elevated freight rates. Request a SONAR Demo. Request a SONAR SCI Demo. Last year, FreightWaves estimated that the top five paper and packaging companies in the U.S.

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[WHITE PAPER] Housing affordability issues put brakes on flatbed demand

FreightWaves SONAR

Throughout the period of economic recovery following the early 2020 recession, the growth in new and existing home sales seemed inexorable. To illustrate, flatbed tender rejection rates increased from a low of less than 1% in April 2020 to 30% in June 2021 before retreating to 26%. Request a SONAR Demo.

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”. Q2: The Produce Shipping Season.

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The 3 top benefits of trucking fleets benchmarking financial and operational performance

FreightWaves SONAR

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.” The sudden surges of 2020 are not one-off scenarios.

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Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

In our own survey of 3,000 shippers, over 60% of technology decision-makers said they desire improvements in visibility. Through data science, artificial intelligence, and machine learning, Navisphere Vision helps shippers track, monitor, and react to supply chain disruptions before they occur—across any mode or any region around the world.

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Why Digital Transformation Is Fundamental To A Resilient Supply Chain

Blue Grace Logistics

Streamlining and digitizing data and automating internal and external operations increases the efficiency of the whole industry. Streamlining and digitizing data and automating internal and external operations increases the efficiency of the whole industry. Want a free BlueShip Demo?