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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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November 7, 2023 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU.

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Two Modes, Split Roads

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. In this blog post, I describe the different paths these modes took and where things stand at the close of 2023. It is indeed “A Tale of Two Modes,” each with its own story, pace, successes, and snags.

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. This sector covers important activities relating to procurement, transport, and storage of goods. Learn more about how your company can achieve those goals by requesting a SONAR demo online today.

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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

Failures to understand the severity of the problem can quickly amount to massive waste across different sectors, particularly in transportation procurement and execution. . To further drill into this example, consider an individual lane with high market volatility. Request a SONAR Demo. Request a SONAR SCI Demo.

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SONAR Indices & Insights: See changes in capacity and a sense of shipping rates with the Weighted rejection index (WRI)

FreightWaves SONAR

For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. For example, if there is a darker red shading, you can expect that the shipping rates for space in a truck will also elevate on a cost per mile basis. Sign up for a demo here or by clicking the button below. .

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.