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

FreightWaves SONAR

And there remain significant problems within the industry. One of the biggest challenges facing the industry right now is deadheading. Wasting resources and assets cost managers a pretty penny. Waste matters in the shipping industry because every instance leads to higher freight costs. 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 Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. The same applies to freight management analytics.

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Enterprise shippers’ top 6 logistics strategies to know

FreightWaves SONAR

Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the White Paper. The best logistics strategies depend on expert insight, such as the data and analysis found in FreightWaves Passport, which focuses on the chain’s inner workings.

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

GlobalTranz

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. So, if you are still wondering why to invest in an ERP software suite – don’t waste any more precious time. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

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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.

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

FreightWaves SONAR

Shippers also need a way to look beyond the enterprise’s four walls to understand waste. Wasted warehouse space leads to higher overhead. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Transportation only provides a partial picture of an industry.