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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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Decreasing deadheading in trucking: how carriers are turning to data to maximize assets

FreightWaves SONAR

Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas. An effective active routing program allows for the inclusion of data points and analysis to be factored in. Download the White Paper.

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

Relying solely on manual shipping data analysis continues to yield poor results. Download the White Paper. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. Request a SONAR Demo.

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

FreightWaves SONAR

According to Supply Chain 24/7 , “ In the industry right now, there are 10 orders to ship for every available truck; however, a large portion of private fleets are running their assets with a significant amount of empty backhaul miles. Download the White Paper. Request a SONAR Demo.

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What enterprise shippers can expect from logistics automation in 2021

FreightWaves SONAR

Download the White Paper. Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible. Request a FreightWaves SONAR demo , via the button below, to better navigate the freight market today.

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4 best practices to improve your truckload service and pricing

FreightWaves SONAR

No two orders or freight loads appear identical, and the same remains true for carriers as well. Download the White Paper. This gets easier to accomplish with tailored benchmark data analysis. . For instance, benchmarking truckload services offers the unique opportunity to use data and analysis intelligently.