article thumbnail

Enterprise shippers’ top 6 logistics strategies to know

FreightWaves SONAR

Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

FreightWaves SONAR

Wasting resources and assets cost managers a pretty penny. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Waste matters in the shipping industry because every instance leads to higher freight costs. This will help in reducing rampant deadheading.

article thumbnail

Packaging Firm Targets Massive Cut in Plastics Usage

Logistics Business Magazine

UK based company Kite Packaging has launched its sustainable future plastics initiative to reduce plastic levels with the unveiling of its new mobile packaging test facility and the release of a white paper. Join us in saving 120 tonnes of packaging waste this year.”. images/pdf/plastic-white-paper.pdf).

article thumbnail

What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance.

article thumbnail

Shipping demand management: why enterprise shippers need in-depth insights

FreightWaves SONAR

All of these challenges potentially create waste in your supply chain. Download the White Paper. Cost reduction strategies in supply chain management remain focused on getting loads from point A to point B as fast and as affordable as possible. That’s where data analytics comes in.”

article thumbnail

What is freight load balance scoring and why should carriers care?

FreightWaves SONAR

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.