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3 Ways Shippers Use Trucking Data to Find Capacity

FreightWaves SONAR

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.

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Finding Truck Capacity Is More Than Location Data: The Carrier Intelligence Game

Parade

Starting with Location Data Creating a carrier system of records and intelligence system will be the first step towards freight brokerage digitization. Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity.

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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 And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences.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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Freight Rates: 3 reasons shippers who predict rates reduce costs, find capacity

FreightWaves SONAR

The FreightWaves’ SONAR data shows the Outbound Tender Volume Index (OTVI) remains up 25% year-over-year, hardly falling from its pre-July Fourth peak. How should a shipper read this data as a user or prospective user of SONAR? In addition to spikes in ecommerce volumes, the overall U.S.

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Leverage freight data for confident demand planning

FreightWaves SONAR

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

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Managing cost, quality and traceability in fabricated metals manufacturing

SYSPRO Smarter ERP

Getting costs under control is important for a good return on capital investment and to ensure factory equipment is operating at optimum capacity and profitability. For labor and machinery, it is important that the shop floor is running efficiently and close to capacity and that resources are being used effectively.

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Supply Chain Helps Meet ESG Goals

Blue Grace Logistics

Here’s how many companies are turning to their supply chains to meet their ESG goals. is at the forefront as it builds a data-driven, multi-party network that lets shippers, carriers, and freight brokers connect more efficiently. To read the entire blog visit BlueGrace Logistics. REDUCING EMISSIONS FROM TRANSPORATION.