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Looking at the data in FreightWaves SONAR to see the impact of Suez Canal Blockage

FreightWaves SONAR

Data provided to American Shipper on Wednesday by project44 listed 36 vessels affected by the canal blockage. For the Ever Given as an example, as of yesterday, the schedule posted by Evergreen the expected ETA of the vessel into Rotterdam was April 1st, 2021 (with a scheduled departure date of April 3rd, 2021).

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2021 Truck industry disruption factors: how to continue with operational excellence and profitability (part 2)

FreightWaves SONAR

With Pfizer and other manufacturers focused on getting vaccine doses out through the big three carriers, there’s simply not a lasting need to worry at present. For carriers to stay strategic, they must recognize that demand is growing and apply trucking data to plan accordingly. Request a SONAR Demo.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. Capture pricing data for LTL freight. Request a SONAR Demo. Request a SONAR SCI Demo.

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How quickly the market turns

FreightWaves SONAR

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.

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Logistics Events: Top 12 Virtual Events to Attend

FreightWaves SONAR

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. Companies use data and automation to boost profits, improve ROI, improve customer satisfaction, and more. Request a SONAR Demo. National Retail Federation (NRF) | JAN. Register Here.

Events 98
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[INFOGRAPHIC]_5 truck freight rate volatility contributors to consider

FreightWaves SONAR

And these fluctuations within the trucking market range from market volatility to the lack of real-time data. And it also presents the opportunity to make more money by aligning freight rates accordingly as well. And this can be particularly challenging in 2021 considering the pandemic and the state of the shipping world.

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[INFOGRAPHIC] Top causes of enterprise shipper tender rejections

FreightWaves SONAR

As 2021 began there was hope for a return to the typical balance of freight capacity. For instance, this might be present on a white-glove shipment. Limited shipment or load data. A lack of load data is a massive risk for carriers. It all begins with getting access to the right freight data. Request a SONAR Demo.