FreightWaves SONAR

FEBRUARY 11, 2021

Shippers and transportation managers alike focus on market recovery, including shipper and carrier revenue goals. Right now, global demand-supply matching technology imparts a surprising competitive advantage for carriers and transporters. Freight transport cost per shipment. Shipping profit and loss comparison.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

JANUARY 5, 2021

Due to the previous surge of China as the world’s factory over the last two decades, much of the global carriers’ business has revolved around transporting cargo between the U.S. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking. Request a SONAR Demo.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

FEBRUARY 18, 2021

Utilizing applied technology helps freight management reduce issues during transportation that cause drivers and companies to lose money. Increased route optimization to speed transportation. The entirety of being an asset-based carrier is the capability to provide transportation. Request a SONAR Demo.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

MARCH 4, 2021

Domestic transportation networks can better collaborate load capacity to reduce wasted miles and space. Thus, it’s equally important to understand how the freight management segments can apply an ROI calculator like the one in SONAR’s blog to assess whether such systems are worth the investment. That’s what SONAR offers.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

FreightWaves SONAR

JULY 10, 2023

Today’s transportation industry leaders are aware of the importance of staying up to date on market movements. Understanding truckload spot rates is critical to understanding the transportation markets as a whole. In addition to signaling market shifts, spot rates show seasonal trends over the course of a year.

Trends 52

Trends Scenario Planning Demo Course 52

FreightWaves SONAR

NOVEMBER 24, 2020

Of course, there’s another advantage. Aside from labor costs and energy use, transportation costs comprise a shipper’s most significant expenses. Therefore, companies must ensure that they pay rates indicative of actual market value for transportation. Request a SONAR demo online today. Request a SONAR Demo.

Data 106

Data Supply Chain Planning Software Resource Reduction White Paper 106

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. Request a SONAR Demo. Download the White Paper.

Supply Chain Design Software 98

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FreightWaves SONAR

MARCH 30, 2021

Of course, it’s also beneficial to have additional ways to use technology . A logistics routing guide driven by data and backed by real-time analytics will improve compliance and effectiveness with every load transported. Request a SONAR Demo. Request a SONAR SCI Demo.

Logistics Network Optimization Software 90

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

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

FreightWaves SONAR

MARCH 18, 2021

Of course, figuring additional opportunities to save resources, like better planning of the dock schedule through proactive management of dwell time and considering the inbound port activity, will reduce the possible delays and costs that may arise. Request a SONAR SCI Lane Acuity demo to get started or click the button below.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

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. Request a SONAR Demo.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

JULY 14, 2023

Until only a few years ago, using data to make informed decisions in the transportation space had meant extrapolating historical insights to predict probable future conditions. FreightWaves Academy At the highest level, understanding the freight markets requires understanding the transportation industry as a whole.

Supply Chain Planning Software 52

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

FreightWaves SONAR

FEBRUARY 9, 2021

Each index shows the percent change over time and helps asset-based transportation service providers manage assets better. Request a SONAR Demo. Remember that drivers are a core resource within transportation management. Request a FreightWaves SONAR demo to get started today, or click the button below.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

Each index shows the percent change over time and helps asset-based transportation service providers manage assets better. Request a SONAR Demo. Remember that drivers are a core resource within transportation management. Request a FreightWaves SONAR demo to get started today, or click the button below.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

DECEMBER 21, 2020

Transportation analytics is among the most effective tools in trucking contract negotiations. Of course, that depends on securing shipping data insights well in advance of disruptions’ arrival. Check out freight data value in action by signing up for a FreightWaves SONAR demo or clicking the button below. Request a SONAR Demo.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. The fact remains that within freight transportation protocol, trucking capacity is finite. Of course, it all depends on the ability to stay strategic. . They are expected and should be anticipated – with laser-precision if possible.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

DECEMBER 17, 2020

The freight and transportation industry relies on applying data and information in a practical and timely manner. Logistics metrics make it easy for employees to continue growing and managing truckload RFPs and day-to-day operations with transportation analytics’ precision and accuracy. Request a SONAR Demo.

Tips 52

Tips Logistics Network Optimization Software Supply Chain Software Logistics 52

Locus

MARCH 27, 2024

This proximity reduces the need for long-haul deliveries, further cutting down transportation costs. These aren’t just any routes; they’re meticulously calculated courses designed to dodge delays, cut costs on fuel, and ensure timely deliveries across the board. Schedule a demo with us!

Cost Reduction 52

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction 52

FreightWaves SONAR

DECEMBER 30, 2020

Data-driven transportation management , including the checks and reviews that accompany healthy data management practices, are part of the process of getting the most out of the tech stack. Throughout the supply chain, data-driven transportation management’s success is only as good as the data quality and integrity in use.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

FreightWaves SONAR

MAY 19, 2021

In addition, the regional imbalance of this type of freight, niche commodities, and severe seasonality can lead to major price and capacity fluctuations over the course of a year. Request a SONAR Demo. A reefer trailer costs nearly three times as much as a dry van, which means there are fewer reefer trailers in the market.

Data 52

Data Negotiating Skills Supply Chain Design Software Supply Chain Design 52

FreightWaves SONAR

APRIL 29, 2021

Of course, during that same period, many retailers performed extremely well. Identify surface transportation trends being driven by U.S. The conversion from the for-hire market to a private fleet or one-way truckload moves to dedicated lanes removes the volatility that the transportation industry typically faces.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

NOVEMBER 16, 2020

For those still unconvinced, consider these reasons SaaS transportation technology with real-time data adds value to a freight brokerage business. 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 107

Modeling Software Logistics Network Optimization Software Supply Chain Software Data 107

FreightWaves SONAR

NOVEMBER 23, 2020

According to CCJ Digital , “Whether or not a transportation company has its own fleet, it can expand its value to shippers by providing seamless visibility to all shipments, no matter whose assets are powering the loads.” Of course, brokers’ whole businesses are transportation. Request a SONAR demo online. .

Resource Reduction 98

Resource Reduction Security Capacity Freight 98

FreightWaves SONAR

DECEMBER 11, 2020

The national economy depends on trucks to deliver nearly 70% of all freight transported in the U.S. annually, according to TruckingInfo.net , accounting for $671 billion worth of manufactured and retail goods transported in the country by truck alone.” View the full infographic below the text body of this blog.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

FreightWaves SONAR

DECEMBER 17, 2020

Today’s transportation fleets are leveraging this advanced business intelligence to help drive costs out of the supply chain.” Predictive data analytics can be deployed to improve annual truckload RFP processes, understand how transportation analytics flow seamlessly into the next stage of data analysis and derive more value.

Supply Chain Software 52

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 52

FreightWaves SONAR

NOVEMBER 25, 2020

In addition, the logistics and transportation industry is very competitive with few barriers to entry. Request a SONAR Demo. For those who are seeking how to be a successful freight broker, they should first look at how they can make themselves stand out. Differentiation for freight brokers is often difficult to achieve.

Tips 106

Tips How To Freight Logistics Network Optimization Software 106

Freightos

JULY 11, 2017

Pioneers may lack coverage (for now), according to a Transport Intelligence mystery shopping survey, but this will soon change. Of course, new customers will always require some support, but machine learning for exception identification and management should keep efforts down. REQUEST FREE FREIGHTOS DEMO.

Purchasing Skills 62

Purchasing Skills Price Reduction Cost Reduction Manufacturing Procurement 62

FreightWaves SONAR

APRIL 27, 2021

Those factors, of course, serve as limitations to converting truckloads into intermodal units. . That indicates to us that Shipper X is relatively far along in its intermodal conversion plans, and likely has a more efficient transportation network than most shippers. . Request a SONAR Demo.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

FreightWaves SONAR

JANUARY 29, 2021

Of course, it’s important to recognize that these categories are not identical to the four trucking carrier types. In this way, the carrier possesses qualities more comparable to a 3PL or transportation broker. Of course, it can also include any freight brokerage that operates a strong, large fleet. Request a SONAR Demo.

Modeling Software 85

Modeling Software Modeling Freight Demo 85

FreightWaves SONAR

APRIL 16, 2021

In other words, it’s possible to get the data from internal resources, but only by seeing the data from a larger network of resources, such as those within FreightWaves SONAR, can any party hope to achieve a more strategic transportation management strategy. Of course, on a larger scale, that lacks value beyond broad plans.

Data 52

Data Supply Chain Planning Software Resource Reduction Freight 52

FreightWaves SONAR

JANUARY 15, 2021

As explained by Transport Topics , “Alex Scott, assistant professor of supply chain management at Michigan State University, doesn’t foresee a return to normal for a while. He noted it will be at least six months until the transportation market is not being largely affected by the pandemic. Request a SONAR Demo.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

FreightWaves SONAR

DECEMBER 4, 2020

Transportation analytics is rapidly evolving into the next age of discipline for the supply chain. From peaks and valleys in sales to highs and lows in income channels, transportation analytics can help managers, 3PLs and partners stay on the same page, focused and unified. Diagnostic analytics seeks to answer that question.

Transportation 80

Transportation Supply Chain Planning Software Supply Chain Software Modeling Software 80