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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.

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Two Modes, Split Roads

Freightos

For example, some carriers shared with us their APIs for contract rates, others for spot rates, some for rates but not ebooking, others share APIs via third parties who charge an exorbitant price for accessing the API. He is a frequent speaker at industry events and has authored various articles, papers, and patents.

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SONAR Indices & Insights: Measure diesel fuel price volatility and market impacts with FUELS and ULSD rack data

FreightWaves SONAR

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

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Gain The Benefits of Logistics Automation in 5 Steps

RPA Labs

The rise of technology has also rapidly increased the amount of company data, where it’s stored, and its uses. Forbes reported, “somewhere between 60-73% of enterprise data sits idle on servers somewhere in the cloud, a squandered resource never tapped for the benefit of the business.” Integrate Your Supply Chain Tech Stack.

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Challenges in Deploying Customer Experience Automation

RPA Labs

This article will provide information on the common challenges of integrating customer experience automation to educate forwarders considering this as part of their customer retention plan. Just imagine not providing an accurate rate because the RPA is relying on old data. Misalignment Between Leadership and Sales.

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SONAR Indices & Insights: Use these indices to build trucking KPIs to optimize fleet utilization

FreightWaves SONAR

In this article, carriers will learn about four SONAR indices to build trucking KPIs that show where to put the company’s focus to optimize fleet utilization: . Let’s teach you what each index is and what trucking KPIs are built using the data within the freight indices. . Maintenance Expense per Mile (MAINT).

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SONAR Indices & Insights: Use the RESL Index to measure retail sales trends to help predict shifts in the freight markets

FreightWaves SONAR

In this article, you learn what the RESL Index is, what it may tell various freight market participants, and what the RESL Index can do for each freight market participant. The retail sales trends data can be broken out into categories for a more granular understanding of performance in various retail sectors. Request a SONAR Demo.

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