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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. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds.

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What enterprise shippers can expect from logistics automation in 2021

FreightWaves SONAR

The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands. For example, think about the use cases of these most impactful benefits to come from logistics upgrades and automation include: Continuous development of SaaS and a renewed focus on customized service offerings.

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Key Challenges in Fresh Grocery & Supermarket Supply Chains

The Logistics of Logistics

For the most part, the retail market for fresh foods thrived throughout the pandemic, according to the Supermarket News 2021 Fresh Foods Trends Report. As one respondent said, “COVID just woke us up to a trend that had already been occurring. This is another example of the ongoing digitization of supply chains.

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What enterprise shippers can expect from logistics automation in 2021

FreightWaves SONAR

The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands. For example, think about the use cases of these most impactful benefits to come from logistics upgrades and automation include: Continuous development of SaaS and a renewed focus on customized service offerings.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. 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.

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How freight markets react amid weather-related chaos

FreightWaves SONAR

Major weather storms have been prevalent throughout the years and 2021 is no exception – the major winter storm that swept the nation in February, multiple hurricanes with the latest, Hurricane Ida, ravaging the Gulf Coast. For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity.

Freight 98
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Making your carrier sales team as powerful as your customer sales team

FreightWaves SONAR

This will be key in 2021. As an example for these negotiating capabilities, let’s take a look at the following lane, Los Angeles, CA to Dallas, TX. Here are three examples for how to use this product in real-time. Send them a screenshot, like the one below, to let them know the current rate trends.