FreightWaves SONAR

APRIL 7, 2021

Chart of the Week : Van Contract Base Rate per Mile Initial, Van Outbound Tender Reject Index , Truckstop Average Van Spot Rate per Mile – USA SONAR: VCRPM1.USA, but it is a common result of demand exceeding supply in just about any industry. Request a demo by clicking the buttons below. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Compliance Cost Reduction Trucking 98

FreightWaves SONAR

MARCH 8, 2021

As explained by Supply & Demand Chain Executive , “Digitization, software and giving shippers and carriers efficient tech tools are critical, as technology continues to modernize this industry. This means that the industry continues to move in the direction of improved shipping technology. Outbound tender rejections.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

JUNE 3, 2021

The volatility in the auto industry has wreaked havoc on the Detroit freight market. . There is typically more demand for inbound truckloads into Detroit than outbound truckloads. An indicator of balance (or imbalance) in freight demand, the Detroit Headhaul Index subtracts inbound demand from outbound demand. Source: SONAR).

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

FEBRUARY 24, 2021

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. However, 2020 helped shed light on just how behind the industry is compared to others. Prioritizing moves based on inbound and outbound data trends. Industry expert guidance as a best practice.

White Paper 52

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FreightWaves SONAR

MARCH 25, 2021

For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. And that’s a meaningful advantage in an industry where growth remains subjective and constantly under the threat of other competitors.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. This data has been collected over a 4 year period, broken down into shipper industry cohorts.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Find out more about how your organization can gain those lane-level insights by requesting a demo of FreightWaves SONAR SCI Lane Acuity today. Request your demos below. Request a SONAR Demo.

Optimization Software 98

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FreightWaves SONAR

MARCH 30, 2021

How is technology enabling strategic conversations at the order level to happen faster and for the freight department to work seamlessly with procurement on the inbound side and sales on the outbound side to optimize freight shipping ? And why is digitizing the supply chain network vital moving forward for our industry?

Supply Chain Software 78

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FreightWaves SONAR

MARCH 5, 2021

The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. 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. Request a SONAR Demo.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

MARCH 8, 2021

are reliant on the maritime shipping industry moving freight from overseas to this country. So the trucking industry including freight rates and available capacity, is dependent on what happens overseas and how much volume is being produced and then moved to the U.S. Request a SONAR Demo.

Video 59

Video Supply Chain Software Supply Chain Planning Software Maritime 59

FreightWaves SONAR

FEBRUARY 9, 2021

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 8, 2021

Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. As the industry moves past the anniversary of the initial U.S. Request a SONAR Demo. trucking market.

Price Reduction 94

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FreightWaves SONAR

MARCH 18, 2021

Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

JULY 10, 2023

That pattern changed in 2016 as the industrial economy hit a stumbling block after the oil markets collapsed but the economy. The national Outbound Tender Volume Index (OTVI), which measures shipper requests for truckload capacity, was nearly 30% lower than the previous year. Sign up for a SONAR demo. appeared first on SONAR.

Freight 52

Freight Capacity Outbound Supply Chains 52

FreightWaves SONAR

APRIL 1, 2021

For instance, as carrier rejection rates increase in outbound tenders, shown above, rates will climb, and predictions within the current FWS7.USA Get started by requesting a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo. USA ticker show a trend toward significant increases going forward.

Freight 93

Freight Optimal Sourcing Logistics Network Optimization Software White Paper 93

FreightWaves SONAR

DECEMBER 3, 2020

Transportation only provides a partial picture of an industry. That includes compliance with the inbound freight routing guide and outbound activities. The most relevant example of this need for added complexity is the pharmaceutical industry. Request a SONAR Demo. Increased insight into warehouse management capabilities.

Supply Chain Planning Software 76

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FreightWaves SONAR

APRIL 20, 2022

Hunt, the largest domestic intermodal player in the industry. FreightWaves SONAR, Outbound tender volume levels downward decline accelerates. The Outbound Tender Reject Index, which measures relative capacity in the market through rejection rates, has plummeted as well – further indicating that the spot market is softening.

Demo 52

Demo Outbound Logistics Network Optimization Software After-sales 52

FreightWaves SONAR

FEBRUARY 24, 2021

The Ocean TEU Index measures booking requests for capacity, much like the Outbound Tender Volume Index (OTVI) does for domestic trucking. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo. Download the White Paper. Epilogue by Jason Vanover).

Price Reduction 92

Price Reduction Cost Reduction Sourcing Strategies Demo 92

FreightWaves SONAR

DECEMBER 15, 2020

Outbound and inbound data. . Compare findings to industry trends. It’s important to compare freight spend analysis results against industry benchmarks. Be in the know; do the most for your business and request a FreightWaves SONAR demo with the button below to get started. Request a SONAR Demo.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Locus

JUNE 3, 2022

In fact, it will not be a stretch to say that climate change is currently the biggest threat that global supply chains are facing today and is responsible for shortages and disruptions in several industries. Hurricane Ida struck the Gulf of Mexico in August 2021, destroying industrial installations for pharmaceuticals and plastics.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

FreightWaves SONAR

APRIL 19, 2021

The Environmental Protection Agency (EPA) found that 34% of carbon dioxide emissions come from transportation, but simply switching fuel sources is not going to eliminate the industry’s carbon footprint. As a carrier representative, you are mildly excited because the outbound market of Denver is more in your favor. SAY LESS.”.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

FreightWaves SONAR

APRIL 29, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. As disorienting as the past year and a half have been for everyone, few industries have experienced as much upheaval as retail. .

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

JANUARY 5, 2021

Dwell time remains one of the biggest issues facing the industry in terms of expenses and time utilization. Carriers can benchmark their driver and truck utilization numbers against the three main equipment types in the industry. Customer demand fuels trends that govern the transportation industry. Request a SONAR Demo.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

JANUARY 12, 2021

While isolating a per-mile rate is great, it does little good to identify the low-hanging fruit that resounds throughout the industry. Recognize the balance between inbound and outbound moves and how that balance may turn a backhaul into a profitable activity for carriers and transportation brokers alike. Think about it.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

MARCH 24, 2021

Thankfully, you have entered an industry that is very cyclical and there will be other opportunities you can prepare now. This would enable you to take advantage of higher outbound rates to carriers you have already built relationships with. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 72

Freight Price Reduction Cost Reduction Inventory Reduction 72

FreightWaves SONAR

NOVEMBER 30, 2020

ORAIL and IRAIL are broken down by inbound and outbound volume origin/destination market and are also broken down by lane. Analysts : Analysts can utilize ORAIL data to gain visibility into intermodal shipping volume trends in particular industry granularities (e.g., Get a demo of SONAR to see what the platform can do for you.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59