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 Why outdated data hurts carriers in the short- and long-term.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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FreightWaves SONAR

MARCH 1, 2021

These issues are easily avoided by using trucking data and analytics that provide real-time visibility. That promotes overall company profitability and secures the network, so it continues moving freight. However, these issues can be tackled through proper asset utilization and proactive management based on near-real-time freight data.

Expense Reduction 98

Expense Reduction Price Reduction Trucking Cost Reduction 98

FreightWaves SONAR

JANUARY 28, 2021

However, carriers across the board need to recognize the trucking trends coming out of the for-hire trucking industry as they will inevitably carry over into larger carrier networks as well. . The first of the for-hire trucking trends to drive decisions in 2021 is simple— capacity. Request a SONAR Demo.

Trends 52

Trends Trucking Manufacturing Procurement White Paper 52

FreightWaves SONAR

FEBRUARY 25, 2021

This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. It always goes back to using data as a best practice for all aspects of freight management. Improved predictive analysis and projection with logistics automation data and insights.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

Freightos

JANUARY 15, 2024

This is a significant shift from late 2021, when 93% faced serious disruptions. This ensured that today’s partial blockage of the Suez Canal, while disruptive, is still far less impactful than its far more meme-worthy 2021 relative in which the Evergiven blocked the canal. and bakes really good cookies.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

FreightWaves SONAR

JANUARY 28, 2021

As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Data will ensure smooth operations and successful executions at every point along the supply chain.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Shippers may not track this data independently.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

FEBRUARY 2, 2021

Some ways to improve utilization of freight tech stack platforms to improve efficiency in carrier operations throughout their network include: Focus on improving performance through optimization throughout the network. Overcome common freight network disruptions with supply lane control methods.

Tips 98

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Locus

SEPTEMBER 14, 2021

A Forbes report quoted data stating that store traffic in 2020 fell by 30% as compared to 2019. share of chain retail sales by 2023, up from 30% in 2021. Fuelled by e-commerce, leading carriers are expecting a massive crunch in capacity to meet the overwhelming demand expected in 2021. Peak season is coming. Share and Enjoy !

Negotiating Skills 52

Negotiating Skills Optimization Software Supply Chain Planning Software Cost Reduction 52

FreightWaves SONAR

FEBRUARY 16, 2021

From the pandemic through the severe winter weather of 2021, troubles like these are why supply chain business intelligence is critical during this time of recovery. Many benefits come with the renewed focus on network intelligence. KPIs and data points can help pinpoint potential imbalances in costs and profits.

Supply Chain Software 59

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FreightWaves SONAR

DECEMBER 8, 2020

12–14, 19 and 21–22, 2021 The event often gets the nickname of Retail’s Big Show as it is a primary cornerstone of the NRF Retail Week event. It embodies a significant opportunity to network at what one of the larger events that are held annually in the retail industry. . National Retail Federation (NRF) | JAN. Register Here.

Events 98

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FreightWaves SONAR

MARCH 18, 2021

For instance, the image shows a wait time of 135 minutes on February 21, 2021, one week following Winter Storm Uri. However, the current wait of 99 minutes on March 7, 2021 is significantly lower than the wait time observed in recent years. Growth and change in the market are inevitable, but must be addressed.

Manufacturing Procurement 91

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

FreightWaves SONAR

FEBRUARY 12, 2021

As 2021 began there was hope for a return to the typical balance of freight capacity. In addition, tracking average lead time is yet another key point of why tracking near-real-time freight data is crucial to the success of both enterprise shippers and truckload carriers alike. Limited shipment or load data. Think about it.

Optimal Sourcing 87

Optimal Sourcing Demo Data Capacity 87

Parade

MARCH 2, 2022

At the end of 2021, Parade released a , new feature that allows brokerages to see all the carriers that have sent them quotes in the past and all the carriers that have sent truck availability through DAT in the source search function. That’s tough to do without building a capacity network that can support new freight first.

Sorting 78

Sorting Capacity Availability Optimal Sourcing 78

FreightWaves SONAR

DECEMBER 28, 2020

These larger networks can easily travel longer distances and get to locations when smaller freight carrier providers may struggle with either capacity or access. Partner with trucking carriers to meet 2021 fully prepared . Request a SONAR Demo.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

FreightWaves SONAR

APRIL 1, 2021

Schulz in Supply Chain 24/7 , “Unlike past years, 2021 will likely be one where a fortuitous combination of pricing discipline and high barriers to entry meet an industry determined not to waste what’s likely a once-a-decade pricing conundrum for shippers fueled by growth in e-commerce.” Request a SONAR Demo. According to John D.

Freight 93

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FreightWaves SONAR

APRIL 20, 2022

higher than average 2021 levels. Rising contract rates caused the rejection rate to drop throughout 2021, as it fell from 26% in March, following the severe winter storm, to 19% by mid-December, ahead of the traditional tightening period around the holiday. Interested in staying on top of the freshest freight market data?

Demo 52

Demo Outbound Logistics Network Optimization Software After-sales 52

FreightWaves SONAR

FEBRUARY 23, 2021

The easiest and most affordable way to connect global shipping destination points is by sea and that means maritime shipping has and will continue as a vital part of the shipping transportation network. It makes for more work when the network falls behind, to begin with. Challenge 1: Lack of employees. Challenge 4: Rising costs.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

FreightWaves SONAR

JULY 10, 2023

Carriers need consistent freight volumes to maintain their networks. 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. Sign up for a SONAR demo.

Freight 52

Freight Capacity Outbound Supply Chains 52

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

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. Consistent data collection. Near-real-time data.

Supply Chain Planning Software 52

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FreightWaves SONAR

FEBRUARY 24, 2021

Normally, spot rates in this lane fall to their lowest points of the year in the winter months of January and February, but that has not been the case so far in 2021. . Restructuring supply chains will have a lasting effect on logistics networks. Request a FreightWaves SONAR demo by clicking the button below to get started.

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

Locus

OCTOBER 21, 2022

According to United States Census Bureau data , advance estimates for U.S. rise in comparison to September 2021. And then plan some more : Leverage data and insights to forecast festive season consumer behavior and plan your distribution networks, sourcing locations, and additional fleet requirements well in advance of the season.

Supply Chain Planning Software 52

Supply Chain Planning Software Meeting Optimal Sourcing How To 52

Parade

MARCH 28, 2022

Turvo’s Collaboration Cloud and modern TMS applications help streamline people, processes, and data for global supply chains. Different positions and departments are using software that supports their tasks, and Turvo helps those different programs talk to each other and provides a streamlined platform for communication and data sharing.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 78

Envase Technologies

AUGUST 10, 2021

In this tech talk post, we’re going to explain—in plain english—what Electronic Data Interchange (EDI) is, what it does to help your business, and how you’re probably using it everyday and don’t even know it. There are a lot of places things can go wrong when you rely on people to connect the data dots for you. Which is it?

Data 52

Data Examples Automation Demo 52

FreightWaves SONAR

MARCH 5, 2021

[Should] you just figure out if it should be 5% or 6% [without data]?” This will be key in 2021. Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

AUGUST 13, 2021

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. To understand the number of drivers in the market, we need to track truck driver employment data and the number of owner-operators in the market. Request a SONAR Demo.

Manufacturing Procurement 98

Manufacturing Procurement Trucking Purchasing Skills Ordering 98

Blue Grace Logistics

JUNE 22, 2021

Logistics networks, too, have had their share of complexities, all thanks to continued social distancing regulations and shrunken workforces. Even as demand continued to consistently increase and stay elevated this year, transportation networks have struggled to keep up with their limited freight capacity. Want a free BlueShip Demo?

Capacity 62

Capacity Freight Supply Chain Software Manufacturing Procurement 62

FreightWaves SONAR

DECEMBER 4, 2020

While logging into a shipping data analytics engine like FreightWaves SONAR is an excellent way to keep tabs on the market, there’s another opportunity to stay in the know without being tied to a desk. On LinkedIn , I asked my network what they thought were the top freight podcasts in the industry. Watch #WithSONAR. Freightonomics.

Freight 105

Freight Logistics Network Optimization Software Supply Chain Software After-sales 105

Locus

JUNE 16, 2023

In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%. Partner with third-party logistics (3PL): Collaborating with 3PL providers such as Locus can help businesses access sophisticated logistics networks and technologies without the hefty upfront investment.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Locus

JULY 24, 2023

In the absence of a centralized marketplace that facilitates seamless load matching, carriers and shippers rely on personal networks, referrals, or manual searches to find suitable matches for loads or transportation needs. compared to 2021, reaching $2.251 per mile.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Optimization 52

Blue Grace Logistics

DECEMBER 18, 2018

According to reports, the connected logistics market is set to grow at a CAGR of 30-35 percent by the year 2021. Integrated, Digital, IoT, Smart Logistics, Automation, and Big Data are some of the words and phrases that we’ve come to associate with logistics. Who Are Parts of The Connected Logistics Network?

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimization Software 48

FreightWaves SONAR

MARCH 3, 2021

The winter weather events of early 2021 have aided in keeping spot rates elevated through what is normally a slow season for trucking. The rates are derived from a combination of carrier costs, tender data and demographic information. Request a FreightWaves SONAR demo by clicking the button below to get started.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Trends 52

RPA Labs

AUGUST 12, 2021

Logistics management within the supply chain network is one of the fastest-growing and most competitive industries in the global transportation market. Several challenges exist within the logistics and supply chain network that can impact customer experiences. Challenges Driving the Need for Better Customer Experiences.

Supply Chain Software 40

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Design 40

RPA Labs

AUGUST 12, 2021

Logistics management within the supply chain network is one of the fastest-growing and most competitive industries in the global transportation market. Several challenges exist within the logistics and supply chain network that can impact customer experiences. Challenges Driving the Need for Better Customer Experiences.

Supply Chain Software 40

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Design 40

Ship Monk

NOVEMBER 14, 2022

vs. 2021 , supply chain and freight issues have resulted in numerous inventory challenges, costs have been challenging to predict, and we have entered (and exited) a technical recession whose reach and effects are still to be fully determined. 2 Analyze Your Past Data and Compare It to Current Trends. Slice of cake. Fruitcake. #2

eCommerce 52

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Talking Logistics

DECEMBER 1, 2017

Shipping Networks (WSJ – sub. Shipping firm Clarksons braces for data leak after refusing to pay hacker (The Guardian). Underscoring the competitive landscape, Uber said last week it planned to buy up to 24,000 self-driving cars from Volvo, owned by China’s Geely Automobile Holdings Ltd, in a nonexclusive deal from 2019 to 2021.

Supply Chain Planning Software 0

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Supply Chain Software 0