FreightWaves SONAR

FEBRUARY 29, 2024

Shippers often manage transportation for these projects with historical data, bids from trusted carriers and a lot of guesswork. The industry’s most up-to-date supply chain data solution can help companies understand buying behavior and freight costs more accurately than any other source. That’s getting ready to change.

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GoShip Blog

NOVEMBER 8, 2023

Every successful shipment hinges on the precision of the initial data provided. An accurate freight quote sets the tone for a smooth shipping process and ensures businesses can budget, plan, and execute their logistics confidently. Ensuring the accuracy of their freight quotes isn’t just about avoiding unexpected costs.

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FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

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Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

MARCH 9, 2021

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 And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences.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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GlobalTranz

DECEMBER 30, 2021

Before we close the curtains on 2021, we thought we’d revisit ten of our most popular blog posts that resonated with our readers, capturing the challenges and opportunities of an unparalleled year of disruption across the supply chain. Without further ado, here are GlobalTranz’s top posts of 2021: #1.

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FreightWaves SONAR

MARCH 11, 2021

According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.

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FreightWaves SONAR

JULY 17, 2023

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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FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

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FreightWaves SONAR

NOVEMBER 24, 2020

Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice.

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FreightWaves SONAR

APRIL 12, 2021

One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes.

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FreightWaves SONAR

NOVEMBER 5, 2020

Supply chain leaders continue the battle to find and secure capacity, lower freight spend, and increase service levels, as well as apply freight forecasting to achieve the same goals. Technologies critical to making the use of data successful in the back office. 4PL/Value-Added considerations for advanced brokers.

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FreightWaves SONAR

MARCH 30, 2021

Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Download the White Paper.

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FreightWaves SONAR

MARCH 26, 2024

Photo credit: Jim Allen Produce is a small portion of the volume of freight in the United States, but it can be one of the most disruptive forces in the industry. This is where being able to monitor tender data at the market level can become your secret superpower. This can be seen in a list or map view form.

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FreightWaves SONAR

JANUARY 5, 2021

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again. Download the White Paper.

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FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

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FreightWaves SONAR

DECEMBER 16, 2020

According to a 2016 McKinsey & Company report : “Data and analytics underpin several disruptive models. Introducing new types of data sets (”orthogonal data”) that can disrupt industries, and massive data integration capabilities can break through organizational and technological silos, enabling new insights and models.

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FreightWaves SONAR

MARCH 21, 2024

We’ve spent a lot of time talking about how much data we have…if you’re new to SONAR, it’s a lot. trillion in annual supply chain data across more than 300,000 unique data points/deliverables. SONAR is built as an API-first solution , more of a DaaS (data as a service) rather than a SaaS (software as a service) provider.

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FreightWaves SONAR

MARCH 10, 2021

In other words, supply chain leaders need to validate and measure the success (read “accuracy”) of data source analytics and how well they stack up to the observed market conditions. The post [WHITE PAPER] How to measure freight data analytics value and why backtesting proves it appeared first on SONAR. Request a SONAR Demo.

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FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. Why outdated data hurts carriers in the short- and long-term.

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FreightWaves SONAR

JANUARY 13, 2023

Leaders across the logistics industry have been making data-informed decisions for decades. Not all data is created equal, however, and many of the tools and processes that provided “cutting-edge” advantages several years ago have fallen behind the curve. . There is an innate lag in legacy data. port activity. .

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FreightWaves SONAR

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data.

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FreightWaves SONAR

FEBRUARY 9, 2021

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. And it’s important to know why tendered, non-paid data can add so much weight.

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Data Supply Chain Design Software Trucking Logistics Network Optimization Software 59

FreightWaves SONAR

FEBRUARY 20, 2024

While this integration was a step forward in rate transparency, it didn’t address the complexities of flatbed freight, an important sector for both Trucker Tools and the industry. The ability to provide transparency to the market through such a great freight matching provider is tremendous.

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FreightWaves SONAR

JUNE 7, 2021

Automotive shippers are facing numerous challenges stemming from a global semiconductor shortage, inflationary pressure on numerous inputs, as well as rising freight costs that seem to be affecting every shipper across all modes. FILL OUT THE FORM BELOW TO ACCESS THE FREE WHITE PAPER. FILL OUT THE FORM BELOW TO ACCESS THE FREE WHITE PAPER.

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FreightWaves SONAR

JUNE 15, 2021

In addition, freight spend is not able to be effectively hedged like commodities that are able to be hedged in the short-term. However, leveraging freight market data can mitigate freight spend and lead to a more efficient supply chain. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER. Request a SONAR Demo.

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Negotiating Skills White Paper Data Freight 52

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.

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FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

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FreightWaves SONAR

APRIL 23, 2024

Craig Fuller, CEO and Founder of SONAR, mentioned during the State of Freight webinar on April 18, that there will be no immediate market recovery as things are still rough for transportation providers. If you weren’t able to join our April State of Freight webinar, you can still get the full recording here.

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Blue Grace Logistics

APRIL 1, 2024

Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. The answer lies in data. In the ever-evolving world of logistics, data reigns supreme.

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Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 118

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One of the big buzzwords in many industries is “Big Data.” Such is the case in the LTL freight industry as well. . Understanding this (and acting on it!)

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Price Reduction Data Freight 3PL 96

FreightWaves SONAR

SEPTEMBER 23, 2021

Shippers are at a disadvantage in negotiations with carriers and brokers unless they have adequate data and real-time information surrounding the freight market. Shippers’ main focus isn’t moving freight, it’s manufacturing the goods to be moved. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER. Request a SONAR Demo.

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Negotiating Skills White Paper Data Demo 97

FreightWaves SONAR

DECEMBER 2, 2020

Take a moment to think about the basic freight brokerage business models. In transportation management, seconds can add up to massive delays in shipping and higher freight spend. And during times of uncertainty, which always occur in modern supply chains, effective freight brokerage must have access to the latest tools and resources.

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White Paper Data Resource Reduction Freight 59

CH Robinson Logistics

SEPTEMBER 28, 2021

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.

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FreightWaves SONAR

JUNE 10, 2021

As the world recovers from the pandemic, now numerous supply chain impacts – including a global semiconductor shortage and inflationary pressure on a number of inputs, including freight costs – are significantly hampering the automotive industry, causing temporary shutdowns at some facilities. Request a SONAR Demo. Request a SONAR SCI Demo.

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White Paper Data Freight Demo 52

Freightos

MARCH 12, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. In air cargo, Red Sea disruptions to ocean freight have led to some shift to air and increased volumes in February. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Frost & Sullivan estimates the digital freight brokerage market will reach $54.2 Use the Ocean Shipments Report to understand freight brokerage drayage planning.

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Blue Grace Logistics

JULY 17, 2023

Wholesale Weakness Slowing US Inventory Destocking Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - July 17, 2023 The effort to cut inventories is being slowed as consumers reduce goods purchases, forcing companies to continually rebalance inventory.

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