FreightWaves SONAR

NOVEMBER 24, 2020

Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Market dynamics of freight management can turn on a dime.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

DECEMBER 29, 2020

Transportation brokers continue to search for new applications and uses of technology to empower more informed decision-making. However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Remember, transportation brokers ’ whole business is freight management.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

FreightWaves SONAR

MARCH 2, 2021

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. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

DECEMBER 8, 2020

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Improved on-time shipping performance begins with effective transportation benchmarking. That may include connecting assets across your network.

Data 82

Data Resource Reduction Cost Reduction How To 82

FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

JUNE 1, 2021

In this report, we cover numerous datasets available through FreightWaves and the SONAR platform that can help automotive OEMs and automotive suppliers manage their transportation networks. Those data sets and use cases include: Freight market data to assist in negotiations with carriers. Request a SONAR Demo.

White Paper 52

White Paper Negotiate Pricing Negotiating Skills Data 52

FreightWaves SONAR

OCTOBER 6, 2021

Understanding ocean shipping trends is vital to understanding the freight flows in domestic transportation markets. Request a SONAR Demo. Request a SONAR SCI Demo. The post Building a bridge between ocean and domestic transportation markets appeared first on SONAR.

White Paper 52

White Paper Transportation Demo Trends 52

FreightWaves SONAR

MARCH 8, 2021

These latest tickers again reflect FreightWaves’ commitment to provide the latest data insights in SONAR – across all logistics concerns relating to OTR transport and other modes of transportation. The SONAR chart above shows the initial and final reported intermodal transportation savings versus truckload transportation values.

Intermodal transport 78

Intermodal transport Transportation Optimization Software Demo 78

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. The fact remains that within freight transportation protocol, trucking capacity is finite.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Each index shows the percent change over time and helps asset-based transportation service providers manage assets better. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks. Each index shows the percent change over time and helps asset-based transportation service providers manage assets better. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

MAY 19, 2021

Since its introduction in 2018, FreightWaves SONAR has provided subscribers with the most current freight market data, analysis and insights. SONAR is the only freight forecasting platform that combines contract tender data with spot rate data and creates predictive freight rates.

Data 52

Data Negotiating Skills Supply Chain Design Software Supply Chain Design 52

FreightWaves SONAR

APRIL 20, 2021

This becomes especially significant for the carbon footprint of companies in transportation, logistics and supply chains, including the added expenses associated with reefer during the warmer months. Increase your use of rail transport to lower costs One way to lower costs over the short- and long-term lies in the use of rail transportation.

Cost Reduction 97

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 97

FreightWaves SONAR

JUNE 28, 2021

But, market forces have put the brakes on the continuous improvement in the market (from the perspective of the carriers) and the latest housing-related data points are off their recent highs, as are most flatbed-related data points. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Demo Data Maritime 52

FreightWaves SONAR

MARCH 2, 2021

As reported by Project 44 , “ Gartner projects that 50% of global companies will have implemented or invested in “real-time transportation visibility solutions.” Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

APRIL 9, 2021

The first step in successfully transporting freight is determining the best shipping option based upon the requirements needed. To start, it’s evident that the use of a refrigerated freight truck is required when transporting perishables or goods that need to maintain a specific temperature. Download the White Paper.

Refrigeration 93

Refrigeration Freight Optimal Sourcing Negotiating Skills 93

CLX Logistics

OCTOBER 10, 2021

Transportation Visibility [trans-per-tey-shuhn viz-uh-bil-i-tee]. CLX Logistics offers modern telematics provide real-time transportation visibility on all in-transit shipments, anywhere in the world.”. Transportation visibility is critical to success in today’s logistics industry. The Key Benefits of Transportation Visibility.

Supply Chain Planning Software 40

Supply Chain Planning Software Optimization Software Transportation Supply Chain Software 40

FreightWaves SONAR

JANUARY 12, 2021

According to TruckingInfo , “As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of freight available – and the rates to haul it – plummeted. However, peer, market and historical freight invoice data can help, and it’s essential to know why.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

DECEMBER 28, 2020

When it comes to planning RFPs and figuring out which carrier partnerships to pursue, shipping managers need to be aware of the various trucking carriers with availability. The top four include: Strategic Partners – These carrier providers are the ones always available and ready to assist with last-minute loads. Request a SONAR Demo.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. Major shippers and transporters have only so much space available to work within LTL shipping capacity.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

JUNE 30, 2023

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.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Data Supply Chain Software 52

FreightWaves SONAR

MARCH 4, 2021

Truckload freight and transportation costs make up a large part of most logistical spending for shipping companies across the country. That’s even more true since transportation capacity, indicated by LMI.TPCP, is at 46.34, well below prior years’ averages in the above image. That’s where data analytics comes in.”

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

DECEMBER 1, 2020

The modern supply chain rests on a mountain of shipping data. However, the applications of real-time freight data remain disparate and lack value. As a result, finding available capacity becomes more problematic. Workforce utilization is a direct measure of the available workforce compared to the workforce in use.

Purchasing Skills 100

Purchasing Skills Freight Procurement Analytics Optimal Sourcing 100

Log-hub

AUGUST 1, 2023

From now on, In the Transportation Optimization Plus and Milkrun Optimization Plus users can optimize their routes with fixed or hourly costs and maximum travel time, which ensures time efficiency and cost-effectiveness. Book a demo The post Log-hub 3.3: This release brings enhancement in routing optimization as well.

Optimization Software 52

Optimization Software Optimization Supply Chain Planning Software Demo 52

FreightWaves SONAR

JANUARY 28, 2021

Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. 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.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

The Logistics of Logistics

JUNE 23, 2022

The peak season definition is a continued evolution of the seasons in transportation. Even once a vaccine was available, additional breakouts of new variants in Shanghai put the brakes on transportation expectations for the Produce Shipping Season in 2022. When and What Is Peak Season ? Q2: The Produce Shipping Season.

Supply Chain Planning Software 358

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 358

FreightWaves SONAR

MARCH 30, 2021

Inadequate or outdated data remains one of the most significant challenges that face managers when it comes to compliance with routing guides. Poor data utilization and access cost nearly incalculable amounts of money each year for shippers and carriers of all sizes. Lanes the carrier typically runs and any related data.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Compliance 90

FreightWaves SONAR

FEBRUARY 11, 2021

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” This also means increased availability of fresh talent for the fleet.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

FreightWaves SONAR

JANUARY 4, 2021

With competition and the demand for fast and reliable transportation management options also increasing at rates never seen before, shippers need to focus on providing quality services to thrive. Improving dock efficiency times ensures drivers can get in and out quickly, which reduces delays in order fulfillment and transportation.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

FEBRUARY 23, 2021

And likewise, maritime transportation has been a dominant player in global transportation for decades. Ships are one of the most basic cargo components for global freight transport. 90% of goods are transported by container ships. However, the needs and demands still frequently outweigh available resources.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

FreightWaves SONAR

NOVEMBER 5, 2020

Performance measurement and improvement, using transportation KPIs , are vital aspects of modern supply chain management. Collect data and benchmark your carriers’ performance. Collect and benchmark carrier performance data. Request a SONAR demo online to get started. Request a SONAR Demo.

Modeling Software 105

Modeling Software Optimization Modeling Modeling Freight 105

FreightWaves SONAR

DECEMBER 29, 2020

According to Logistics Management , “Time is money in transportation…. And freight transportation is increasingly done “on the fly.” That will inevitably mean shippers and brokers will need to find new ways to procure transportation for both forward and reverse logistics. Download the White Paper.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

MARCH 29, 2021

And according to Brian Straight of FreightWaves , a routing guide is a living document that enables faster transportation management and keeps freight spend under control based on lane volatility, seen also within SONAR SCI Lane Acuity. What is a routing guide : a digital resource that seeks to reduce high transportation costs.

Supply Chain Software 95

Supply Chain Software Resource Reduction Document Demo 95