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High-quality freight data is vital for supply chain automation

FreightWaves SONAR

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

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

FreightWaves SONAR

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . This factor plays into net revenue per truck per week as well.

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Top Freight Blogs of 2016… So Far

GlobalTranz

We will feature our 5 main categories all week: Logistics , Manufacturing , Supply Chain , Transportation , and Freight. In each of the blog posts we will include the title, the brief excerpt, and then the link of the top 5 blog posts in that category by the amount of views. . 5 Most Popular Freight Blog Posts of 2016.So

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3 ways shippers use FreightWaves SONAR to drive ROI

FreightWaves SONAR

After weathering years of pandemic-fueled headwinds, enterprise supply chain teams have regained pricing power in the trucking market. In order to make data-informed decisions, shippers must first have access to accurate, real-time industry insights. That is where FreightWaves SONAR comes into play.

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SONAR Indices & Insights: Use the RESL Index to measure retail sales trends to help predict shifts in the freight markets

FreightWaves SONAR

This helps measure the demand for finished goods across a variety of categories such as department stores, furniture stores, electronics and more. The retail sales trends data can be broken out into categories for a more granular understanding of performance in various retail sectors. for year-over-year breakouts): .

Trends 98
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Retail disruption and K-shaped recovery highlight importance of freight data

FreightWaves SONAR

Using SONAR data in contract negotiations with carriers and 3PLs. . Heightened demand uncertainty with variability by geography and category. In addition, SONAR data could be used by retailers for strategic and longer-term decision-making, such as deciding where to locate warehouses and fulfillment centers. .

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Load Matching: Optimizing Logistics Efficiency in the Last Mile

Locus

Thirty-five percent of trucks travel empty in the U.S., And according to the National Private Truck Council, 28% of a private fleet’s miles qualify as deadhead. Fuel costs played a major role in driving this surge, soaring by 53.7%, with other expense categories also experiencing double-digit growth.