Remove Blog Remove Data Remove Reliability Remove Transportation
article thumbnail

Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

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 And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences.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

Data 98
article thumbnail

Are You Profitable with Your Transportation Strategy?

Blue Grace Logistics

Transportation Strategy Profitability Search Search BlueGrace Logistics - February 26, 2024 Transportation strategy plays a pivotal role in ensuring efficiency, cost-effectiveness, and ultimately, profitability for businesses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GoShip Introduces Carrier Reliability Score

GoShip Blog

March 31, 2022 – GoShip , a digital shipping platform, introduces the innovative logistics tool of carrier reliability score. What is the carrier reliability score? The carrier reliability score is a unique GoShip invention, providing our customers with logistics insights into supply chain processes. About GoShip.

article thumbnail

Freight market data size matters: 5 key hallmarks of data sets that improve transportation procurement

FreightWaves SONAR

Transportation procurement remains a major problem for enterprises faced with the need for faster and more extensive capacity. Part of acting on them immediately derives from the size of the data collected and how it can be transformed into meaningful insights. Freight market data size consistency matters.

article thumbnail

Using data and AI to improve manufacturing

SYSPRO Smarter ERP

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

article thumbnail

What is transportation rate forecasting and why do I need real-time data to forecast accurately

FreightWaves SONAR

Nothing in life comes for free, especially in the transportation and shipping industry where predictive freight costs carry so much weight. Ultimately, it comes down to how good logistics managers get at transportation rate forecasting. It cost money to make money and even to try and save money.

article thumbnail

Legacy vs. freight volume data: SONAR provides clear advantage for transportation leaders

FreightWaves SONAR

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. .