FreightWaves SONAR

MARCH 26, 2021

As an example, World Finance reported that Bryan Trucker, Vice President of Corporate Communications at CSX, stated , “CSX became the first U.S. Let’s juxtapose that against trucking fuel efficiency rates of around 10-20% of that amount. Let’s juxtapose that against trucking fuel efficiency rates of around 10-20% of that amount.

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

FreightWaves SONAR

APRIL 1, 2021

Every inch of space available in delivery vans, trucks, semis and cargo crates is valuable. In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Request a SONAR Demo. Request a SONAR SCI Demo.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

FEBRUARY 5, 2021

For example, trades that are made through the Robinhood app are executed by hedge funds like Citadel. The trucking market is volati le. Gaining objectivity in the trucking market. Request a SONAR Demo. The post With GameStop and recent Wall Street news in mind, are players gaming the trucking market in similar ways?

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Shipchain

MAY 3, 2019

The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 So, let’s take a closer look at how a blockchain trucking platform will enhance efficiency and profitability for truck drivers. A Blockchain Trucking Platform Will Empower More Owner-Operator Truckers.

Supply Chain Planning Software 117

Supply Chain Planning Software Logistics Network Optimization Software Efficiency Supply Chain Software 117

FreightWaves SONAR

DECEMBER 15, 2020

It’s millions of individual transactions that amount to pallets, loads, trucks, rail cars, airplanes and beyond. When supply is limited, like trucks have been for much of 2020, and the demand stays high, freight management becomes about more than simple schedules and asking who’s available? Request a SONAR Demo.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. Ocean freight impacts on trucking is another use case. Ocean freight that arrives in a port means opportunities for trucking companies.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

DECEMBER 11, 2020

operate 20 or fewer trucks (while 90% of those operate with six or fewer trucks). The national economy depends on trucks to deliver nearly 70% of all freight transported in the U.S. View the full infographic below the text body of this blog. Request a SONAR Demo.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

FreightWaves SONAR

JANUARY 4, 2021

Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. The best examples of shippers of choice provide services along several trucking routes. Offer personalized services and options.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

FEBRUARY 8, 2021

But again, there are factors that disrupt this otherwise standard trucking RFP process. In regard to the freight situation between 2008 and 2016, Trucking info.com noted how rates evolved from “since the bottom of that recession, contract prices have averaged a 1% quarter-over-quarter growth (annualized). trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Learn more about how your company can achieve those goals by requesting a SONAR demo online today. The costs of logistics as a ratio of total expenses are too significant to ignore.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

MARCH 4, 2021

For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. For instance, a carrier portfolio with 8 trucks, driving 800 miles per day, charging $1.00 There’s plenty that can affect landed costs.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

FreightWaves SONAR

MARCH 22, 2021

To further drill into this example, consider an individual lane with high market volatility. Request a FreightWaves SONAR demo to get started, and unlock the most value by further requesting a FreightWaves SONAR SCI demo today. Request a SONAR Demo. Request a SONAR SCI Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

JANUARY 21, 2021

Are you using your trucking assets as efficiently as possible? The needs to improve fleet asset utilization and to maintain better control over trucking costs are absolute. Loads per truck per week – Knowing these ratios will help highlight potential missed load opportunities within the network. Request a SONAR Demo.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

FreightWaves SONAR

MARCH 16, 2021

However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. And each of these can become major stumbling blocks for reefer truck and trailer management. Request a SONAR SCI Lane Acuity demo to get started. . Request a SONAR SCI Demo.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

Shipchain

MARCH 13, 2019

For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. For example, an e-commerce warehouse using a blockchain-based system like a smart contract could automate payments processing. Trucks in the U.S. run empty up to 40% of the time, says Convoy CEO Dan Lewis.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

FreightWaves SONAR

NOVEMBER 19, 2020

Consider this example. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. Consider this example. . Find out more about the possible insights that could help your business by requesting a SONAR demo online today. Request a SONAR Demo.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

SEPTEMBER 1, 2021

For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity. Request a SONAR Demo. Request a SONAR SCI Demo. FreightWaves SONAR platform highlights many of the changing market dynamics surrounding weather events.

Freight 98

Freight Inbound Demo Events 98

FreightWaves SONAR

DECEMBER 29, 2020

Freight data can help transportation brokers understand market volatility, allocate assets, identify high priority loads, and negotiate trucking contracts with the carrier. Even for brokers with a trucking division or those offering value-added services, finding a more cohesive market view is critical to success. Request a SONAR Demo.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Shipchain

JANUARY 29, 2019

The abstract concepts powering blockchain can be overwhelming, and ShipChain CEO John Monarch, and Trucking CFO and Certified Public Accountant, John Turner, recently had an opportunity to sit down on the Road Dog Live Show to discuss the value of blockchain and its potential impact on the supply chain.

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Tracking and Tracing 78

FreightWaves SONAR

MARCH 5, 2021

Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. As an example for these negotiating capabilities, let’s take a look at the following lane, Los Angeles, CA to Dallas, TX. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

NOVEMBER 20, 2020

As an example, Supply Chain Dive states, “Minimizing the number of claims for overages, shortages and damages (OS&Ds) as a percentage of deliveries,” is one way to manage operations and track performance better. Request a SONAR demo online to learn more. Multiplying the result by 100 derives an 80% labor utilization rate.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 66

FreightWaves SONAR

JANUARY 5, 2021

Freight technology advancements, such as carrier-managed scheduling and seeing total market activity for a given area, will reduce waste by ensuring truckers spend less time loading and unloading trucks. Maximizing truck utilization and cargo space is another core benefit of using technology to manage asset allocation. Operating Ratio.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

APRIL 19, 2021

In order to lower that truck’s carbon emissions, the carrier representative must be proactive in finding a load for the carrier within a certain area. For example, let’s examine a load going from Denver, Colorado to Fort Wayne, Indiana. This is a perfect example of how we can lower carbon emissions and improve carrier capacity.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

FreightWaves SONAR

DECEMBER 10, 2020

For example, SONAR’s predictive freight rate tool uses market data and artificial intelligence to forecast spot rates for today, next week, next month, next quarter, six months and a year from now. The predictive trucking rates widget calculates mileage and shows a total with or without a fuel surcharge. Request a SONAR Demo.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

EazyStock

MAY 20, 2022

For example, collaborative robots can work with warehouse operatives to move stock items around the warehouse once the picker places the items in the robot’s container. A Pallet Mover AGV, also known as a fork-over AGV, is a pallet truck AGV used to transport palletized loads. Very narrow aisle trucks and automated reach trucks.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

FreightWaves SONAR

NOVEMBER 30, 2020

For example, if there were 700 intermodal shipping containers moved between City A and City B in the past week, that lane shows a total ORAIL value of 100. Rail intermodal is defined as the long-haul movement of shipping containers and truck trailers by rail, combined with a truck or water movement at one or both ends.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59

FreightWaves SONAR

DECEMBER 21, 2020

Example: Retail sales for food and beverages (RESLG.FBEV) compared to reefer capacity (ROTRI.USA). A more intimate understanding of the freight market will allow shippers to know if certain markets may have a lack of available capacity or may see differences in trucking spot rates based on the data seen in the RESL index. .

Trends 98

Trends Freight Demo Purchasing Skills 98

FreightWaves SONAR

NOVEMBER 16, 2020

The reasons for a carrier to reject the load tender are: 1) lack of trucking capacity; and 2) the rate is too low. For example: If there were 10 national loads tendered on March 1st and on March 2nd there were 11 tendered loads, the March 1st OTVI.USA value would be 10,000 and the March 2nd value would be 11,000. RHAUL.ATL = 50.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

FEBRUARY 2, 2021

This trend is changing land use patterns and contributing to increased truck traffic and competition for curb space in residential areas. As examples, the characteristics of SONAR indices have helped to build the reputation of the SONAR freight forecasting platform and include: Larger sample size. Request a SONAR Demo.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

JULY 14, 2023

The high-frequency data housed in FreightWaves SONAR, for example, predicted the current freight recession months in advance. The curriculum includes high-level courses on trucking, 3PLs, LTL, fuel buying, rail intermodal and more. Click here to request a demo. Interested in learning more about SONAR?

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Freight Logistics Network Optimization Software 52

FreightWaves SONAR

MARCH 12, 2021

Anyone that has made sales calls at a non-asset brokerage has heard this response daily: “DO YOU HAVE TRUCKS?”. And sometimes followed by: “NOT SOMEONE ELSE’S TRUCKS, YOUR TRUCKS?”. Should we buy a truck?”. Your liability is limited and risk are mitigated to the operations within your walls. . So why get assets?

Purchasing Skills 90

Purchasing Skills Modeling Software Procurement Analytics After-sales 90

Parade

JANUARY 3, 2022

Carrier Preferences and Information Many brokerages don’t make a habit of asking their carriers where they’ve got trucks available (or going to be available) so that the system has the most up-to-date information on preferred carrier capacity. For example, if you’ve got a carrier that says they hate L.A. Brokers can block out all L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

Parade

JANUARY 3, 2022

Carrier Preferences and Information Many brokerages don’t make a habit of asking their carriers where they’ve got trucks available (or going to be available) so that the system has the most up-to-date information on preferred carrier capacity. For example, if you’ve got a carrier that says they hate L.A. Brokers can block out all L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

FreightWaves SONAR

MARCH 5, 2021

After all, wide deviations within predictive rates can still add up to big trucking revenue changes over a week, month or year. For example, if ocean shipping imports surge, how will that affect the overall state of predicted truckload rates. Request a SONAR Demo.

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

FreightWaves SONAR

NOVEMBER 6, 2020

However, the trucking market continues to change and plays a role in setting standards for brokerage salaries. For example, the following BLS map shows the annual mean wages by state: From [link]. For example, brokerage clerks in New York have an annual mean wage of $70,890. Request a SONAR demo online to get started.

Freight 71

Freight Negotiating Skills Buyer Training Data 71

FreightWaves SONAR

MARCH 15, 2021

This lane-level intelligence provides insight into specific markets, origin/destination stability and contracted rates to inform both short-term and long-term (annual) trucking RFPs , freight network optimization decisions and more. Sign up for a demo here or by clicking the button below. Request a SONAR Demo.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

MARCH 2, 2021

Imagine knowing when a delayed truck is arriving and knowing where a missed or lost load is in one transparent digital platform. For example, the above image shows an OTRI of 26.83 Request a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo. as of the close of business on March 1, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52