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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Where freight managers go wrong with planning the transportation budget The biggest problem when planning a transportation budget is an inability to see actual versus projected costs across the network.

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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Streamline data capture and analysis. Data for the sake of data is meaningless without proper, automated analysis and data capture. Request a FreightWaves SONAR demo by clicking the button below. .

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

For shippers, success depends on end-to-end network improvements, according to McKinsey & Company. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. How does your company define success in the supply chain?

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What enterprise shippers can expect from logistics automation in 2021

FreightWaves SONAR

This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible.

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How national freight indices add value

FreightWaves SONAR

As examples, the characteristics of SONAR indices have helped to build the reputation of the SONAR freight forecasting platform and include: Larger sample size. Consistency in data aggregation and analysis are key to maintaining index validity, applicability and actionability. Instantaneous analysis. Network-wide views.

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What enterprise shippers can expect from logistics automation in 2021

FreightWaves SONAR

This also makes it easier to see capacity constraints or other available options that represent the most beneficial and profitable moves within the network. Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

This lane-level intelligence provides insight into specific markets, origin/destination stability and contracted rates to inform both short-term and long-term (annual) trucking RFPs , freight network optimization decisions and more. Have confidence in lane-by-lane freight shipping bid analysis with Lane Acuity Plus.