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

FreightWaves SONAR

The costs of logistics as a ratio of total expenses are too significant to ignore. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

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Trade agreements and logistics data: why proactive planning always wins

FreightWaves SONAR

One of the most crucial aspects of logistics management is the process of trade agreements and annual negotiations. Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. Download the White Paper.

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6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

Staying up to date with the latest trends and logistics metrics amounts to thriving through disruption. Having a healthy logistics metrics system that leverages supply chain predictive analytics will help everything run more smoothly. Here are some tips to help you build your metrics scorecard faster and easier. .

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Conducting a Trucking RFP: Tips for Shippers to Optimize Contract Freight

FreightWaves SONAR

Shippers want a significant reduction in the stress of logistics. It’s because enterprise shippers are turning to new intelligence tools, such as SONAR SCI , to conduct a freight spend analysis to maximize contract freight use and allocation. Enterprises need more transparency and agility in logistics. Request a SONAR Demo.

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7 Freight broker sales tips for setting the hook with prospects

FreightWaves SONAR

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . 7 freight broker sales tips for building the hook. #1: Setting up Google alerts on prospects is a simple but fantastic tactic in this list of freight broker sales tips. 1: Company website.

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

Relying solely on manual shipping data analysis continues to yield poor results. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. And that’s a remarkable advantage in the profit margin-thin world of logistics. Request a SONAR Demo.

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December 13, 2023 Update

Freightos

Judah Levine December 13, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $1,603/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.