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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. However, before reaching the negotiating table, someone needs to have bargaining power. Request a SONAR Demo.

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10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

Transportation analytics is among the most effective tools in trucking contract negotiations. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Limited network contacts result in higher costs. Rates can flip on a dime.

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3 Ways Capacity Management Can Help You Negotiate Better Rates

Parade

One of the biggest benefits freight brokerages see from capacity management solutions is the ability to negotiate with their carriers for better rates on loads. Here’s how it offers more and more lucrative opportunities for negotiation. Reach out to the team at Parade for a demo , here.

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Fixed-Price Ocean Contracts are Dying a Slow, Painful Death…

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets.

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Embracing Strategic Digitalization to Stay Ahead of Tech Obsolescence

Locus

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. Strategic digitalization is not an option—it’s a necessity to survive in this fast-paced, digitally-driven environment, effectively seizing market opportunities.

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March 12, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU. Europe prices(FBX11 Weekly) fell 4% to $4,313/FEU. Asia-Mediterranean prices(FBX13 Weekly) fell 10% to $4,479/FEU.

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Freight Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

That’s important information for shippers that are moving goods that terminate in Detroit because it means that they have more negotiating leverage with carriers (since carriers can get re-loaded in Detroit more easily). . Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR). mile, which also includes fuel surcharges.