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Advancing Transportation Procurement: The Shift From Spreadsheets to Software

FreightWaves SONAR

For shippers, the approach to transportation procurement is evolving. However, with the advent of specialized software solutions like Keelvar, Emerge and Jaggaer, there’s a noticeable shift in how transportation procurement is managed.

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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. According to Logistics Management , “Time is money in transportation…. And freight transportation is increasingly done “on the fly.”

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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. Download the White Paper.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

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[WHITE PAPER] SONAR highlight reel: Hurricane Ida further pressures transportation networks

FreightWaves SONAR

Disruptive events, such as hurricanes and already-constrained transportation networks typically take an extended period of time (weeks, not days) to normalize. The Class I railways have issued service notices suspending terminal operations and rerouting freight flows away from areas impacted by the hurricane. Request a SONAR Demo.

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Top 10 Key Performance Indicators for Shipping Industry

FreightWaves SONAR

Tracking the top key performance indicators for shipping industry success, or supply chain KPIs , means boiling them down the essence of these 10. Another excellent way to gauge activity within the industry surrounds the volume of new truck orders by class. That contributes to proactive transportation optimization. Wait times.

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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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