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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

Enterprise shippers and freight shipping managers have to plan and prepare for many processes and events that have yet to occur. The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. and it can all quickly add up.

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May 15, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. With capacity already tight due to Red Sea diversions, rates last week climbed to $4,151/FEU to N. Asia-US East Coast prices (FBX03 Weekly) climbed 8% to $5,093/FEU. China – N. Europe – N.

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Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

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5 Analytic Shipping Data Insights for Shippers From SONAR

FreightWaves SONAR

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
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Why is freight data a powerful weapon in the era of COVID-19?

FreightWaves SONAR

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.

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Preparedness, Communication Key to Mitigating the Effects of a Weather Event on Fleets and Maximizing Opportunity

Blue Grace Logistics

Preparedness, communication key to mitigating the effects of a weather event on fleets and maximizing opportunity. Data from Truckstop.com and FTR Transportation Intelligence for the week ending Sept. To read the entire blog visit BlueGrace Logistics. CCJ Digital. Jason Cannon, CCJ Chief Editor. Sep 9, 2021.

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LLMs, Optimization and Automation: Supply Chain’s Defenses Against Market Swings

Blue Grace Logistics

LLMs fueling data-driven decision-making LLMs have stormed the tech landscape in recent years, and their applications in supply chain management are nothing short of transformative. The answer lies in data. In the ever-evolving world of logistics, data reigns supreme.