FreightWaves SONAR

MARCH 19, 2024

Photo by Jim Allen Drayage is a tricky market to dissect with a data solution. While SONAR doesn’t contain drayage rates yet, certain data sets provide a look forward at demand that can help carriers be nimble with timely adjustments to rates. This is due to the drayage industry being highly fragmented, which makes pricing opaque.

Inbound 64

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Blue Grace Logistics

MAY 12, 2022

Last year, in 2021, there was a strong focus on vehicle lighting and hours-of-service compliance. More than 40,000 commercial motor vehicle inspections were conducted for 2021 during DOT week. To read the entire blog visit BlueGrace Logistics. vehicle and 5.3% driver out-of-service rate. vehicle and 5.3%

Supply Chain Planning Software 62

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Locus

DECEMBER 22, 2021

The year 2021 has proved it once again that Tom McCarthy was right. Rewind to 2021! 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. 2021 pushed businesses to take giant strides in their logistics processes and operations.

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FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

Data 52

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FreightWaves SONAR

AUGUST 13, 2021

Shippers hoping for trucking rate relief in 2022 are going to be severely disappointed. Before we talk about 2022, let’s give a quick primer on how supply and demand work in trucking. Truck production tends to be easier to get data on (there are only four major Class 8 OEMs in North America) and they regularly publish data.

Manufacturing Procurement 98

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GoShip Blog

SEPTEMBER 2, 2022

Salesforce reported that 23% of retailers’ overall holiday sales occurred in the last two weeks of the year, and online sales jumped 16% in the first week of November 2021. Last year’s data can show you where to optimize your shipping spend this year, based on your past expenses. Expect supply chain disruptions.

Supply Chain Planning Software 52

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Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

Negotiating Skills 114

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Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. From Q3 2021 to early 2022, Freightos Air Index China-U.S. From Q3 2021 to early 2022, Freightos Air Index China-U.S. This influx of e-commerce goods has kept air cargo rates elevated.

Cost Reduction 87

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Freightos

MAY 28, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. According to the National Retail Federation , during an 18-month stretch in 2021 and 2022 US import volumes averaged 2.21 Asia-US East Coast prices (FBX03 Weekly) climbed 18% to $6,323/FEU.

Price Reduction 93

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Blue Grace Logistics

FEBRUARY 21, 2022

Jan 31, 2022. In the second quarter of 2021, cargo theft experienced a 253% increase by value. In the second quarter of 2021, cargo theft experienced a 253% increase by value, according to Sensitech’s quarterly Cargo Theft Intelligence Report. Moving freight in 2022 can be a tricky business. Inbound Logistics.

Cargo 62

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FreightWaves SONAR

JANUARY 25, 2021

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.

Price Reduction 86

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Logistics Bureau

OCTOBER 24, 2022

It uses sensor data from the physical entity to emulate its state and to enable the modeling of future changes, improvements, risks, and weaknesses. Technicians monitored real-time data from sensors on the production line using the plant’s digital twin and applied predictive analytics to assess the impact of filling-process adjustments.

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SYSPRO Smarter ERP

MARCH 7, 2022

The tumultuous trading climates of 2020 and 2021 have necessitated agility, and a need to spearhead strategic, innovative, and risk-based financial focus. On-premises to cloud data migration. Download SYSPRO’s 2022 CFO survey report to learn more about how the role of the CFO is rapidly evolving across all industries.

Survey 105

Survey ERP Digital Automation 105

Locus

APRIL 1, 2022

It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for Supply Chain Network Design Tools. This is our second such milestone after being recently featured as a Representative Vendor in Gartner®’s 2021 Market Guide for Vehicle Routing and Scheduling.

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FreightWaves SONAR

JANUARY 10, 2022

In fact, our data shows that accepted tender volume is up 12% y/y. Domestic intermodal contract rates are poised to take another meaningful step up in 2022 on top of double-digit rate increases in 2021. SONAR intermodal contract rate data shows rates up 19% from this time last year.

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White Paper Demo Data Maritime 98

FreightWaves SONAR

JANUARY 14, 2021

billion in 2022.” For carriers to stay strategic, they must recognize that demand is growing and apply trucking data to plan accordingly. However, it does represent a need to have more accurate and timely data when making any decision. And throughout the first quarter of 2021, the surcharges and uncertainty will be highest.

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Industry Trucking How To Operations 97

Logistics at MPEPS at UPV

MAY 2, 2023

This blog post delves into the intricacies of logistics in small and medium-sized enterprises (SMEs) and startups, highlighting their unique challenges and opportunities. A Data-Driven Comparison: Logistics Performance of SMEs and Startups To better understand the logistics performance of SMEs and startups, we must dive into the data.

Supply Chain Software 52

Supply Chain Software Supply Chains Analysis Logistics Network Optimization Software 52

Freightos

JANUARY 3, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. In 2021 and 2022 an extreme surge in demand for goods that overwhelmed ports was the main culprit of disruptions and spiking rates. Freightos Terminal data shows that Asia – N.

Negotiating Skills 120

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 120

Blue Grace Logistics

JUNE 20, 2023

Expanding Business In A Slow Economy Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 20, 2023 Logistics Firms Forced to Adjust Post-COVID Dan Ronan, Sr. When we realized a downturn was coming, we repositioned our company,” he said. “We

Resource Reduction 98

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FreightWaves SONAR

APRIL 11, 2024

Tight markets like the one in 2021 are characterized by spot rates being above contract rates and tender rejection rates averaging above 10%. Contract rates for dry van loads (VCRPM1) have slowed their decline dramatically over the past year, dropping 13% in 2022 to 2023 and 6% from 2023 to 2024.

Freight 64

Freight Capacity Maintainability Trends 64

Blue Grace Logistics

AUGUST 3, 2022

Tampa, FL (August 3, 2022) – BlueGrace Logistics’ Chief Technology Officer, Azad Ratzki, has been named a 2022 CIO of the Year Honoree awarded to outstanding information technology executives and leaders in Tampa Bay who have excelled at enabling business optimization processes and spearheading tech applications.

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Blue Grace Logistics

JULY 8, 2022

June 20, 2022. The company recently launched “Emerge Benchmarking,” which through “Machine Learning” takes “freight industry data and produces in real-time business intelligence. Uber Freight, a sibling of Uber rider fame, started modestly but in 2021 acquired 3PL Transplace and now is among the platforms to be reckoned with.

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Blue Grace Logistics

APRIL 28, 2023

billion in 2022, according to data from the Association for Private Capital Investment in Latin America, a trade group now part of the Global Private Capital Association. billion in 2021, but more than double the $1.3 The data doesn’t include expansion by U.S. That was down from a record $5.6 billion volume of 2019.

Trends 62

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3PL Links

APRIL 26, 2023

.” The most significant barriers to enhanced coordination include poorly integrated IT systems, misaligned KPIs, and insufficient data exchange. Data exchange improves teamwork, allowing supply chain players to eliminate empty miles, operate more effectively, and make more strategic decisions.

Supply Chain Planning Software 62

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Locus

MAY 25, 2022

The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. consumer shipping companies: Customer experience 2017-2022. – Consumer experience with consumer shipping companies in the United States from 2017 to 2022, Statista, 2022.

Sourcing Strategies 52

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SYSPRO Smarter ERP

FEBRUARY 28, 2023

ERP software plays a role in this, too, as no-one has arcane secrets hidden in personal spreadsheets that they refuse to share, locking colleagues out of aspects of manufacturing or distribution because of a lack of data. All the data is in the computer, so anyone who has access, can use it to build their own strategy and execute on it.

Modeling Software 98

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Ship Monk

DECEMBER 15, 2023

increase from 2022. year over year, but that is a steep slowdown from Black Friday 2022 when YoY sales showed 12% growth over Black Friday 2021. We also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. billion, a 9.6% YoY growth.

Purchasing Skills 64

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Ship Monk

AUGUST 16, 2022

We could post a blog a day for weeks and not even scratch the surface of these movers and shakers. privately held, for-profit, and independent—not subsidiaries or divisions of other companies as of December 31, 2021. The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. . As noted by Inc.

eCommerce 52

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Blue Grace Logistics

OCTOBER 24, 2022

The Logistics Blog®. October 24, 2022. That’s always true, but there’s so much uncertainty in supply chains now that people need to control and understand data better than ever. percent higher than in the same month of 2020, according to BLS data. US LTL Market Softening, But Not By Much: 3PLs Show Submenu Resources.

Negotiating Skills 62

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Blue Grace Logistics

FEBRUARY 1, 2022

Jan 28, 2022. metro area, with November 2021 prices up 8% from a year before. Bob Dutkowsky, former CEO of Tech Data, said he expects the gap between wages and inflation to balance out over time. To read the entire blog visit BlueGrace Logistics. Tampa Bay’s boom in popularity and population are only paying off for some.

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Freightos

MARCH 23, 2023

There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of. So, here are some of the highlights. What just happened??? More (too much?)

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

FreightWaves SONAR

JULY 10, 2023

The bad news is that the data suggests demand had dropped well below what carriers needed to maintain their operations with the available equipment. Carriers were handling 20%+ more freight in the fall of 2021. FMCSA data suggests aggregate capacity was still being added to the market through most of 2022.

Freight 52

Freight Capacity Outbound Supply Chains 52

Locus

OCTOBER 21, 2022

According to United States Census Bureau data , advance estimates for U.S. retail and food services sales for September 2022 stood at $684.0 rise in comparison to September 2021. year-on-year increase in June 2022. There seems to be a similar uptick across other geographies as well. billion, which was an 8.2%

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Blue Grace Logistics

JUNE 13, 2022

Jun 13, 2022. The largest year-over-year increase in pressure in 2021 came from investors, governments, and international governing bodies, according to The State of Supply Chain Sustainability 2021 study from The MIT Center for Transportation & Logistics. To read the entire blog visit BlueGrace Logistics.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

FreightWaves SONAR

MAY 24, 2023

It depends on looking at the right data, understanding where it comes from in the freight cycle (and, if applicable, in the payment cycle), and distinguishing between leading and lagging indicators. Then they made a classic error and tried to claw back some savings by resetting contract rates much lower for the beginning of 2021.

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Freight After-sales Manufacturing Procurement Outbound 52

FreightWaves SONAR

APRIL 20, 2022

higher than average 2021 levels. This backdrop presented a bright outlook for carriers during the first two months of 2022. from March through December 2021, which resulted in the 700 basis point decline in rejection rates. Throughout 2021, operating ratios fell to around 96%, despite record revenue numbers.

Demo 52

Demo Outbound Logistics Network Optimization Software After-sales 52

Parade

MARCH 17, 2022

On February 24, 2022, Parade VP of Customer Experience Elise Le met up with , Tai TMS VP of Sales and Marketing Sean McGillicuddy and , Fortune Logistics Executive Regional Manager Tyler Gilpin for a , Freightwaves webinar entitled The Modern Freight Brokerage: Parade and Tai Pair Up To Help Brokerages Scale and Step Into the Future of Freight.

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Freight Webinar Logistics Network Optimization Software Automation 78