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[WHITE PAPER] How Data Powers Freight Brokerage ROI Part 1

FreightWaves SONAR

And during times of uncertainty, which always occur in modern supply chains, effective freight brokerage must have access to the latest tools and resources. billion from 2020 to 2024. Why data for the sake of data fails to add value. Fill out the Form Below to Access the White Paper.

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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. However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Tracking and applying equipment data insights.

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7 Ways to increase truckload carrier revenue using data and analytics

FreightWaves SONAR

This struggle can finally come to an end through the use of modern analytics and data management. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. . Download the White Paper. Carriers should start by applying data to stay strategic.

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How to price freight loads: carriers that use data price more accurately

FreightWaves SONAR

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

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Why Freight Brokers Are Overpaying This Week (with video)

FreightWaves SONAR

Falasca and Taylor explain the value of real-time data as market conditions have changed since the holidays. Because SONAR provides real-time data, its data is more up-to-date than many of the rate assessment tools that are still showing pre-Christmas rates. Download the White Paper.

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Understanding the ATA Trucking Tonnage Index

3PL Insights

This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. Yet the ATA Trucking Tonnage Index has proven to be a valuable tool in evaluating the state of the U.S. When comparing year-over-year data, the July index fell 2.9%

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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. Download the White Paper.