FreightWaves SONAR

FEBRUARY 11, 2021

The effects of the disruptions over the past year have likely forever changed the industry, requiring shippers to scale and evolve operations radically seemingly overnight. With all the pressure for more and faster service among shippers, dropshipping has seen a renewed focus within the industry. Request a SONAR Demo.

Sourcing Strategies 98

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FreightWaves SONAR

FEBRUARY 4, 2021

And there remain significant problems within the industry. One of the biggest challenges facing the industry right now is deadheading. Waste matters in the shipping industry because every instance leads to higher freight costs. Of course, carriers want their transportation networks to be as profitable as possible.

Waste Reduction 98

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FreightWaves SONAR

JULY 10, 2023

Today’s transportation industry leaders are aware of the importance of staying up to date on market movements. Logistics industry conditions are inextricably linked to supply and demand trends in the overall economy, and spot rates are typically the first place those impacts become visible. Click here to schedule a demo.

Trends 52

Trends Scenario Planning Demo Course 52

FreightWaves SONAR

JULY 14, 2023

The industry has been propelled forward at lightning speed in recent years, thanks in large part to an intensifying focus on technology. Fortunately, hopeful changemakers can look to several resources to broaden their understanding of both the freight market and the industry as a whole.

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FreightWaves SONAR

FEBRUARY 18, 2021

It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. The industry is growing and will only continue to suffer from finite trucking capacity. Driver retention is a growing issue as the industry expands. Request a SONAR Demo.

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FreightWaves SONAR

DECEMBER 22, 2020

And the current predictions for the industry have only made these shortcomings more obvious. Mainly, freight analytics used in the shipping and freight management industry to improve load and order acceptance and freight loads. Request a SONAR Demo. The same applies to freight management analytics.

Logistics Network Optimization Software 105

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FreightWaves SONAR

APRIL 13, 2021

Interpreting real-time data allows businesses to identify past trends and expose problems in short-term and even long-term increments; over the course of days, weeks, months and even years. . Learn more by requesting a FreightWaves SONAR and SONAR SCI Lane Acuity demo today. Request a SONAR Demo. Request a SONAR SCI Demo.

Negotiating Skills 97

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FreightWaves SONAR

MARCH 18, 2021

Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur. Request a SONAR SCI Lane Acuity demo to get started or click the button below. Request a SONAR Demo. Request a SONAR SCI Demo.

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FreightWaves SONAR

FEBRUARY 9, 2021

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52

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FreightWaves SONAR

FEBRUARY 9, 2021

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. Request a SONAR Demo.

Price Reduction 97

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FreightWaves SONAR

JUNE 3, 2021

The volatility in the auto industry has wreaked havoc on the Detroit freight market. . Of course, the auto plant shutdowns last year didn’t last long and the region became a severe backhaul market by July and August as OEMs demanded large volumes of inbound components and production schedules attempted to make up for lost time.

Negotiating Skills 52

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FreightWaves SONAR

FEBRUARY 9, 2021

One of the most significant issues plaguing the trucking industry comes from lagging freight and trucking data. While higher tender volumes help boost the industry and the economy, they also create the potential for lagging data that causes the industry harm. . Request a FreightWaves SONAR demo by clicking the button below. .

Data 59

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FreightWaves SONAR

DECEMBER 21, 2020

As explained by Logistics Management , “ it has become an increasing challenge for the logistics industry to stay on top of new advances in business processes. Of course, that depends on securing shipping data insights well in advance of disruptions’ arrival. Request a SONAR Demo. Disruption is, by definition, unplanned.

Negotiating Skills 76

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EazyStock

DECEMBER 13, 2020

The pandemic has impacted industries differently across the board. While some businesses and entire industries like hospitality and travel have been shutting down, others like consumer staples, technology and safety products/PPE are thriving like never before. However, uncertainty and disruption are all but guaranteed for 2021.

Inventory Reduction 98

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Shipchain

JUNE 25, 2019

We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. Of course, the best analytics software will still sell if inaccurate data is part of the equation. This is where blockchain can make a significant impact.

Supply Chain Software 61

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FreightWaves SONAR

DECEMBER 17, 2020

Anything to gain and keep the competitive advantage will define the future of the biggest and smallest players in the industry. Industry events, whether held online or in person, are also great opportunities to discover new partners and connect with new vendors outside your standard network.”. Request a SONAR Demo.

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Ship Monk

DECEMBER 15, 2023

We’ve covered ecommerce KPIs in detail in recent blogs, and no doubt you already know whether you’ve hit your BFCM numbers. Of course, you can always contact us to learn how we can help your ecommerce business scale faster with services such as: 2-day shipping FBA prep Duty-free imports Returns management And so much more!

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FreightWaves SONAR

FEBRUARY 25, 2021

Of course, it all depends on the ability to stay strategic. . Request a FreightWaves SONAR demo by clicking the button below to get started. . ” This means knowing how a carrier or shipper approaches freight pricing. The focus remains to get the best rate per load from a carrier or broker. Download the White Paper.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Locus

MARCH 27, 2024

To put it in perspective: according to the National Retail Federation, the total amount of returns in the US retail industry hits a staggering $743 billion in merchandise. Schedule a demo with us! References [link] The post 7 Ways Retailers Can Reduce Delivery Costs appeared first on Locus Blog.

Cost Reduction 52

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FreightWaves SONAR

APRIL 29, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. As disorienting as the past year and a half have been for everyone, few industries have experienced as much upheaval as retail. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Freightos

JANUARY 25, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. So to put this into context and understand just what it means for Freightos – and for the industry at large – I sat down with Zvi Schreiber, Freightos’ CEO, to understand the significance.

Logistics Network Optimization Software 112

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Ship Monk

MARCH 11, 2024

In the service industry, such as here at ShipMonk, potential clients are making a much larger decision than a new pair of jeans. Of course, sometimes following the herd can lead us astray. Conformity bias is what makes the fashion industry tick, and many ecommerce businesses benefit from it. Low-cut jeans come to mind.)

eCommerce 92

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FreightWaves SONAR

NOVEMBER 16, 2020

The supply chain industry is prime for the cloud because of the sheer number of partners and suppliers that must collaborate to make products. Of course, enabling that continuous goal of collaboration future-proofs the brokerage and enables competitive positioning. Request a SONAR demo online to get started. .

Modeling Software 106

Modeling Software Logistics Network Optimization Software Supply Chain Software Data 106

Parade

MARCH 4, 2022

Of course, things can happen out on the road, but sometimes loads are late simply because their broker is struggling to find the capacity to get it covered. This may allow brokers to get ahead of the next-day or same-day freight that’s so common in the industry, helping them get their shippers’ loads booked earlier.

Negotiating Skills 78

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FreightWaves SONAR

JANUARY 21, 2021

However, the industry is always slow to adopt new software, so not much has changed among many carriers. And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Of course, profitability losses don’t simply involve an empty trailer. Request a SONAR Demo.

Data 98

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FreightWaves SONAR

NOVEMBER 23, 2020

As reported by Business Wire , the freight brokerage industry “is poised to grow by $41.47 Of course, brokers’ whole businesses are transportation. Request a SONAR demo online. . Request a SONAR Demo. And that is becoming truer as global supply chains accelerate in a post-COVID world.

Resource Reduction 98

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FreightWaves SONAR

DECEMBER 30, 2020

Now, if that same issue occurs during a heightened period of trouble in procurement in the shipping industry , the total cost of transportation could quickly skyrocket. Of course, that’s another challenge. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

Ship Monk

FEBRUARY 9, 2024

Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes. Keep reading our blog for a deeper look at some of the forecasting models and techniques mentioned above. Layering in qualitative data will give you even more colorful results and valuable insights.

eCommerce 87

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FreightWaves SONAR

NOVEMBER 25, 2020

In addition, the logistics and transportation industry is very competitive with few barriers to entry. This creates a fragmented industry that includes a high number of companies with similar names, salespeople and marketing materials. Request a SONAR Demo. Differentiation for freight brokers is often difficult to achieve.

Tips 105

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Freightos

JULY 11, 2017

Of course, new customers will always require some support, but machine learning for exception identification and management should keep efforts down. The industry has seemed change-averse for a while. Interestingly enough (and as hard as it is for a tech blog to admit this), new opportunities don’t always need new technology.

Purchasing Skills 62

Purchasing Skills Price Reduction Cost Reduction Manufacturing Procurement 62

FreightWaves SONAR

JANUARY 29, 2021

It’s a continuously evolving industry, and an asset-based lite solution is one merger or acquisition away from entering the realm of an asset-based brokerage. Of course, it’s important to recognize that these categories are not identical to the four trucking carrier types. Request a SONAR Demo.

Modeling Software 85

Modeling Software Modeling Freight Demo 85

FreightWaves SONAR

MARCH 12, 2021

Industry-wide and granular freight market data capture capabilities When capturing data from the freight market, carriers need to collect it from every available market and use this information to make improvements for their companies. Other industries use interfaces that allow them to visualize the data to easily pinpoint market trends.

Supply Chain Software 97

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FreightWaves SONAR

JANUARY 15, 2021

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. Of course, time sensitivity, warehouse capacity, and more factors will influence rates. That concept is further shown as the industry readies for reorganization too.

Trends 64

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FreightWaves SONAR

DECEMBER 4, 2020

Within the ever-changing shipping and freight management market, there is an underlying need to know and understand shipping data trends running throughout the industry. That is an immeasurable benefit for an industry rife with both risk and volatility. Get a demo of SONAR in action today. Request a SONAR Demo.

Transportation 80

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