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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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6 Steps to conduct a freight spend analysis

FreightWaves SONAR

A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.

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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

Shipping managers continue to struggle with capacity procurement during this time of industry-wide disruption . Poor capacity acquisition comes down to poor communication and freight contracts negotiation due to outdated methods. Download the White Paper. Outdated communications affect contracts. Request a SONAR Demo.

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Managing E-Commerce Fulfillment Spikes With Data Analysis

GlobalTranz

The capacity crunch continues, and the ELD mandate has lowered the number of trucks available. This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Get Your Free White Paper Today. Download Here. Order picking accuracy.

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Overcoming Supply Chain Disruptions with Shanna Greathouse and Tony Nichols

The Logistics of Logistics

The Supply Chain Disruptions Include: Manufacturing capacity drops and become less efficient. Trucking capacity falls and costs increase. Final mile capacity demand increases. can be created to serve as a sandbox for scenario analysis. Rapid changes in consumer buying habits. Labor shortages and cost increases.

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3 Ways Shippers Use Trucking Data to Find Capacity

FreightWaves SONAR

Access to data and proper analysis are both essential to maximize profits and reduce costs. There are many ways for shippers to take advantage of technology and advancements within the industry, but three key methods are essential for utilizing trucking data to source capacity. Download the White Paper. trillion in 2018.

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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

With demand for drivers often exceeding availability, shippers find themselves forced to pay more to secure capacity and drivers across many industries. Leveraging a 3PL’s relationships, people, processes and technology helps businesses balance supply and demand volatility and secure reliable and consistent capacity. Learn More.