Blog, Course, Demo and Trends

Understanding spot rate trends is like having a crystal ball

FreightWaves SONAR

JULY 10, 2023

The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. 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.

Trends

Trends Scenario Planning Demo Course

The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

FEBRUARY 26, 2021

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Request a SONAR Demo.

Trucking

Trucking Price Reduction Freight Cost Reduction

Flexibility in the Face of Uncertainty

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Of course, the economic viability of these types of shipments is limited to specific commodities.

Negotiating Skills

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies

Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. The best manufacturing supply chain teams can adapt and respond to changes in the market and use these trends to grow and improve their services. Request a SONAR Demo.

Manufacturing Procurement

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

APRIL 13, 2021

The ramifications can yield long-term effects and without the ability to track data trends over time, contract procurement becomes extremely challenging and almost impossible to predict. Seeing the long-term trends over time provides shippers with more options and a better understanding of density. Request a SONAR Demo.

Negotiating Skills

Negotiating Skills Optimal Sourcing Sourcing Strategies Data

Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

NOVEMBER 19, 2020

Of course, no disruption comes close to those that have been experienced to date in 2020. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. Request a SONAR Demo. But this is 2020.

Supply Chain Software

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning

Near-real-time data-driven route optimization best practices

FreightWaves SONAR

APRIL 8, 2021

Trends come and go, needs wax and wane, and the one thing that stays the same is the reality that everything changes. Shifting to another route might add 60 minutes to the delivery time, but it also highlights a much better option than staying on course and being delayed for hours due to a weather anomaly. Request your demos below.

Optimization Software

Optimization Software Optimization Data Supply Chain Planning Software

Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

FEBRUARY 16, 2021

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Of course, there are many other trucking KPIs that frequently are utilized by managers to monitor fleet operations. Request a FreightWaves SONAR demo by clicking the button below. .

Supply Chain Software

Supply Chain Software Trucking Expense Reduction Resource Reduction

How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

DECEMBER 22, 2020

Of course, that builds on staying atop marketing trends, which inevitably enrich profits and tender execution. Learn more about how your organization can better benchmark, monitor, analyze, and forecast freight trends through analytics by requesting a FreightWaves SONAR demo via the button below. Request a SONAR Demo.

Logistics Network Optimization Software

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5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

FEBRUARY 11, 2021

Cold chain capabilities are now a must-have to stay future-ready With vaccines for COVID at the forefront of transportation news, the focus has swung from fundamental truckload shipping trends to cold chain shipping. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo.

Sourcing Strategies

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software

Navigating logistics routing guide volatility: Using technology to increase compliance

FreightWaves SONAR

MARCH 30, 2021

Of course, it’s also beneficial to have additional ways to use technology . Remaining up to date on trends, innovations, technology and advancements. Learn more about how data can be your ally in routing guide compliance by requesting a FreightWaves SONAR SCI demo or clicking the button below today. Request a SONAR Demo.

Logistics Network Optimization Software

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

Why asset-based carriers are using freight tech to recruit truck drivers

FreightWaves SONAR

FEBRUARY 18, 2021

The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . Of course, increased profitability means knowing when to accept or reject a tender , and that information is invaluable for fleet asset management, including allocating equipment and drivers alike. .

Waste Reduction

Waste Reduction Trucking Freight Optimization Software

Freight Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR).

Negotiating Skills

Negotiating Skills Data Freight Inbound

What shippers need to know about how carriers price freight with historic, peer and market data

FreightWaves SONAR

FEBRUARY 25, 2021

Of course, it all depends on the ability to stay strategic. . Still, if they view the overall averages within FreightWaves SONAR, it’s much easier to navigate the freight market, and they can effectively know how carrier profitability is trending. Request a FreightWaves SONAR demo by clicking the button below to get started. .

Negotiating Skills

Negotiating Skills Price Reduction Expense Reduction Data

6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

DECEMBER 17, 2020

Staying up to date with the latest trends and logistics metrics amounts to thriving through disruption. Adaptive scorecards also rely on the latest market trends and analytics insights to guide decision-making. Request a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo.

Tips

Tips Logistics Network Optimization Software Supply Chain Software Logistics

7 Ways Retailers Can Reduce Delivery Costs

Locus

MARCH 27, 2024

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. By analyzing this live feed , retailers can spot trends, such as certain areas consistently causing delays or specific times when the demand spikes.

Cost Reduction

Cost Reduction Inventory Reduction Expense Reduction Resource Reduction

Retail disruption and K-shaped recovery highlight importance of freight data

FreightWaves SONAR

APRIL 29, 2021

Of course, during that same period, many retailers performed extremely well. The retailers that performed the best over the past year were generally the ones that sold essential goods, such as food, or benefited from the trends of the hour, such as home repair. Identify surface transportation trends being driven by U.S.

Negotiating Skills

Negotiating Skills Cost Reduction Data Sourcing Strategies

Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.

eCommerce

eCommerce Inventory Reduction Operations Modeling Software

10 Ways for Truckload Providers Lower Detention and Demurrage Risk With Ocean Import Data

FreightWaves SONAR

DECEMBER 11, 2020

View the full infographic below the text body of this blog. More insight into overall trends in volume and rates lowers risk overall. Of course, a limited number of ocean servicers compared to truckload providers can make this challenging at best. Request a SONAR Demo. That one is the simplest of all.

Data

Data Supply Chain Planning Software Supply Chain Software Optimization Software

SONAR Indices & Insights: Use FreightWaves’ Scientific tickers to backtest predicted linehaul spot rates actual rates

FreightWaves SONAR

MARCH 1, 2021

It then creates a weighted average of all lanes to create a likely linehaul rate trend for the next year based on the influence of volumes within individual freight markets. It’s highly like a weighted calculation used to differentiate higher-intensity course curricula in an educational institution. . Request a SONAR Demo.

Data

Data Modeling Software Price Reduction Cost Reduction

[INFOGRAPHIC] The tools carriers need to monitor unusual and inconsistent freight market activity

FreightWaves SONAR

MARCH 12, 2021

And part of that means tracking real-time truck location, gauging market trends and much more. Real-time data analytics that determine trends and unusual or inconsistent conditions The only way the freight market can ensure that activity is monitored is by utilizing real-time data analytics. Request a SONAR Demo.

Supply Chain Software

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[Infographic] The 10 trucking trends among carriers for 2021

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. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

Trends

Trends Trucking Supply Chain Planning Software Optimization Software

[Infographic] The Four Types of Transportation Analytics to Know

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. Data collected with earlier methods gets used to recommend one or more courses of action on a point being analyzed. Get a demo of SONAR in action today.

Transportation

Transportation Supply Chain Planning Software Supply Chain Software Modeling Software

Logistics Brief

Understanding spot rate trends is like having a crystal ball

The four factors that impact freight trucking revenue and profitability

Trending Sources

Flexibility in the Face of Uncertainty

Manufacturing Supply Chain Constraints and How to Overcome Them

LTL Freight Rates: Using data to improve annual contract negotiations

Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

Near-real-time data-driven route optimization best practices

Truck fleet management: How are my trucks performing in the market?

How Freight Management Analytics Simplify Logistics

5 more truckload shipping strategies for enterprise shippers

Navigating logistics routing guide volatility: Using technology to increase compliance

Why asset-based carriers are using freight tech to recruit truck drivers

Freight Market Data To Assist in Negotiations With Carriers

What shippers need to know about how carriers price freight with historic, peer and market data

6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

7 Ways Retailers Can Reduce Delivery Costs

Retail disruption and K-shaped recovery highlight importance of freight data

Demand Forecasting: How It Enhances Ecommerce Operations

10 Ways for Truckload Providers Lower Detention and Demurrage Risk With Ocean Import Data

SONAR Indices & Insights: Use FreightWaves’ Scientific tickers to backtest predicted linehaul spot rates actual rates

[INFOGRAPHIC] The tools carriers need to monitor unusual and inconsistent freight market activity

[Infographic] The 10 trucking trends among carriers for 2021

[Infographic] The Four Types of Transportation Analytics to Know

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