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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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6 Truckload freight spend optimization best practices

FreightWaves SONAR

Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. More importantly, the type of carrier, whether asset-based or a lite carrier, may impact the risk of accessorials and overall pricing as well.

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2022’s Top 5 Logistics Challenges and Parade’s Tips for Overcoming Them

Parade

Parade Tip : High levels of demand, though they can be stressful, present a wealth of business opportunities for brokerages. Parade Tip: Digital freight matching will go a long way towards helping brokerages find the capacity they need to succeed in 2022. Parade Tip: Once again, this tip is about network-building.

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Conducting a Trucking RFP: Tips for Shippers to Optimize Contract Freight

FreightWaves SONAR

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. Request a SONAR Demo. Does it serve carriers or shippers, or is it something else?

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Truckload freight broker tips: Identifying bad customers

FreightWaves SONAR

One of the main themes to identify, however, is if a new shipper is framing its negotiations in terms of “heads I win, tails you lose.” . 3 truckload freight broker tips to identify bad customers. It’s the cost of doing business with us. . Request a SONAR Demo. Slow pay or no pay . We took eight hours to load the truck?

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. 4 Tips for stock-keeping companies during an economic downturn 1. Eliminating unnecessary inventory costs paves the way for removing risks and frees up working capital for other strategic priorities.

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How transportation brokers should start each morning with FreightWaves SONAR-fueled data

FreightWaves SONAR

Therefore, transportation brokers need to know how freight data can add value, why actionability and timeliness enable accurate fast-paced decisions, and a few tips to apply FreightWaves SONAR data every morning. The lack of freight data amounts to managing the company without any visibility into current operations or transportation costs.

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