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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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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. Download the White Paper: Over the Road Freight Management Trends. Download the White Paper: Over-the-Road (OTR) Freight Management Trends.

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3 More Advanced Technology Trends in Logistics in 2016: Welcome to the Hyperconnected Logistics Industry

GlobalTranz

The shipping industry of 2016 is a gross misrepresentation of what was considered “normal” shipping practices in the 1980s or 1990s. This is due in part to significant changes and improvements in how the logistics industry perceives and responds to the demands of a growing customer base.

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Trade agreements and logistics data: why proactive planning always wins

FreightWaves SONAR

For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. Download the White Paper. Recognize how other modes, along with current shipping trends, affect OTR transportation.

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What data is available to track intermodal freight shipping rates

FreightWaves SONAR

Today’s shipping and transportation industry has changed in several ways, even over just the last few years. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Download the White Paper.

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7 Reasons ERP Systems Can Increase the Productivity of Your Manufacturing Industry

GlobalTranz

ERP systems are a raging trend in the corporate arena these days – these miraculous platforms are a sure shot way to infuse productivity into your routine operations! The manufacturing industry is experiencing a global boom, and this is the very reason that modern manufacturers need a great ERP solution to improve efficiency.