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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98
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Freight market data size matters: 5 key hallmarks of data sets that improve transportation procurement

FreightWaves SONAR

According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.

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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

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FOSC: Collaboration drives last-mile success

The Logistics of Logistics

Original Article: FOSC: Collaboration drives last-mile success. OneRail showcased its final-mile solution during a Monday demo session at FreightWaves’ Future of Supply Chain event. We took an API-first approach because the fluidity of the data has to be there. Click for more articles by Brian Straight.

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. According to the data, nearly 38% of respondents said they were ensuring clients received enough inventory by shipping early in 2022; 25% were using alternative shipment routes; and almost 19% were contracting long-term slot agreements with carriers.”.

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The Impact of Germany's New Toll Framework on Transport

Trimble

Additionally, as highlighted in an article by the International Road Transport Union (IRU), for the haulage industry, the sudden surge in toll rates presents a critical challenge for the haulage industry, affecting already stretched profit margins. To find how, request a demo today.

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SONAR Container Atlas allows shippers to predict the future with confidence

FreightWaves SONAR

Logistics industry leaders rely on data to run their businesses in real-time, and they consult data when planning for the future. In recent years, it has become easier for decision makers to gain access to a wide swatch of different data points. Legacy data is still some of the most popular data in the industry.