FreightWaves SONAR

JANUARY 15, 2021

And the trucking trends will reflect both the hope for a return of normalcy and the reality of some new, permanent shifts in the industry. With that in mind, it’s important to realize that carriers can use the top 10 trucking trends to find a long-term value-prop coming out of the most in-demand periods for carriers in history.

Trends 64

Trends Trucking Supply Chain Planning Software Optimization Software 64

Freightos

FEBRUARY 22, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. With these strategies in place, carriers are reducing delays and have succeeded at avoiding congestion at major European and N. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $6,764/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. The regression in pricing wasn’t just due to lower demand.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 116

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. Knowing how to predict truckload rates at scale, using technology like SONAR SCI’s Lane Acuity , and how to adapt to market trends quickly will help improve RFP processes and boost bid acceptance and capacity procurement. . Request a SONAR Demo.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

APRIL 13, 2021

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. Seeing the long-term trends over time provides shippers with more options and a better understanding of density.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. The Numbers Behind the Sea-Air Opportunity When evaluating the traditional lanes impacted by the Red Sea crisis, rates and transit times are up…significantly.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

FreightWaves SONAR

FEBRUARY 10, 2021

Those who find themselves unable to keep up with modern trends often fall by the wayside, making the use of these innovative technologies even more crucial. How carriers create data-driven pricing strategies. Request a SONAR Demo. The applications of analytics to navigate market volatility.

White Paper 98

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FreightWaves SONAR

MARCH 12, 2021

And part of that means tracking real-time truck location, gauging market trends and much more. Real-time data analytics that determine trends and unusual or inconsistent conditions The only way the freight market can ensure that activity is monitored is by utilizing real-time data analytics. Request a SONAR Demo.

Supply Chain Software 97

Supply Chain Software Optimization Software Logistics Network Optimization Software Tools 97

FreightWaves SONAR

MARCH 23, 2021

Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Consideration of different modes allows for more flexibility in freight management strategy. Request a SONAR Demo.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Ship Monk

FEBRUARY 9, 2024

The process usually includes analyzing historical data for seasonal trends and product performance, as well as gathering current data on competitors, marketplace trends, future marketing plans and promotions. Creating graphs and pie charts out of your numerical data can make it easier to spot trends and gain insights.

eCommerce 85

eCommerce Inventory Reduction Operations Modeling Software 85

FreightWaves SONAR

FEBRUARY 26, 2021

Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Since transportation is literally a fuel-consuming industry, knowing the fuel changes and trends will go a long way to improve trucking profitability. Request a SONAR Demo.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

JANUARY 19, 2021

As reported by the Uber Freight Blog , these surround the “predictability of your supply chain, including the individual trajectory of your business and industry, and fixed production, storage, and fulfillment needs. Broad market assumptions are great for broad strategies, but as everyone knows, the supply chain is rarely that simple.

Supply Chain Planning Software 98

Supply Chain Planning Software Sourcing Strategies Expense Reduction Scenario Planning 98

FreightWaves SONAR

JULY 24, 2023

Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. Keeping costs under control should be a proactive, not reactive strategy, especially during an unprecedented time of transition and reopening ahead of peak season.

Cost Reduction 106

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 106

Freightos

DECEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions are targeted.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Freightos

JANUARY 10, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. COSCO has reportedly joined OOCL in ceasing Israeli port calls, possibly as a strategy to avoid becoming Houthi targets. Asia-US East Coast prices (FBX03 Weekly) increased 58% to $3,980/FEU.

Negotiating Skills 89

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 89

FreightWaves SONAR

MARCH 2, 2021

True transportation cost analysis goes well beyond benchmarking to analyze, monitor and forecast trends that can be used to the shipper’s advantage. A trend that continues among shippers nationwide is better monitoring and utilization of analysis within the supply chain. Request a SONAR Demo. Consider this fact.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

FreightWaves SONAR

DECEMBER 11, 2020

Watch the episode below: What makes SONAR’s Lane Scorecard app unique from bulk lane rate tools on the market is its proprietary SONAR lane scoring, SONAR predictive rates and its spark graphs that allow a user to more easily see past and forecast trends. Get a Demo of SONAR's Lane Scorecard. It has been recognized by Inc.,

Video 98

Video Freight Resource Reduction Demo 98

FreightWaves SONAR

MARCH 3, 2021

FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The overriding trend prior to these storms was that of a slow loosening of the market, as indicated by existing predictive capabilities Remember that the need to stay strategic is paramount.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Trends 52

FreightWaves SONAR

MARCH 22, 2021

And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Request a SONAR Demo. Request a SONAR SCI Demo.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Locus

OCTOBER 27, 2023

Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! Visibility: Fueling Unparalleled Customer Experiences Recent findings from the Qualtrics 2023 Global Consumer Trends Report offer a jolting insight: Indian enterprises could potentially lose out on 17.3%

Optimization Software 59

Optimization Software Logistics Network Optimization Software Cost Reduction Expense Reduction 59

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Read our blog on demand forecasting accuracy for more details. Trends: Product demand is influenced by fashion, technology, social, economic and legal factors. Schedule a Demo. Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Locus

JUNE 16, 2023

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. In conclusion, the implementation of these strategies, backed by real-time data, can help businesses significantly trim their last-mile delivery costs.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

FEBRUARY 25, 2021

Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. The use of logistics automation means making it easier than ever to adapt and adjust to changing market trends and consumer demands.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Blue Grace Logistics

JANUARY 10, 2023

The Logistics Blog®. Making the switch from truckload to LTL is a market trend worth considering as the popularity of online shopping continues and consumer service demands intensify, there is a chance that more shippers will consider making this type of shift in the short term. Book a Demo. Whitepaper. Case Study.

Material Savings 62

Material Savings Price Reduction Purchasing Skills Cost Reduction 62

FreightWaves SONAR

FEBRUARY 18, 2021

The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . Become a stronger asset-based carrier with freight tech-driven hiring and retention strategies through freight data. Request a SONAR Demo.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

JANUARY 7, 2021

Poor tender acceptance strategies. In other words, logistics leaders must find and apply proactive data management strategies, including: Developing alternative transportation solutions, such as increasing the number of transportation brokerage partnerships. Request a SONAR Demo. Lackluster communication with shippers.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Request a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

FEBRUARY 25, 2021

For instance, here are a few KPIs that go into the overall strategy for how carriers price transportation: MILES PER TRUCK PER WEEK (MILTR) – Every driver in the fleet will come under scrutiny at some point. Keeping cost per load in check as a shipper means knowing what to expect and carrier freight pricing strategies.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

FreightWaves SONAR

FEBRUARY 1, 2021

Part of this requires an understanding of which shipping trends are being utilized by other carriers. In a changing market, carriers will find that these trends are incredibly beneficial in ensuring that they are up to date with which direction the market is moving and will assist with carrier revenue. . Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

FreightWaves SONAR

JANUARY 19, 2021

As a result, carriers found themselves at the heart of an in-demand crowd with finite capacity resources, facing a growing carrier trend for more and faster service. Unify pricing strategies with freight forecasting tools The final step to getting more from your fleet requires freight forecasting tools. Request a SONAR Demo.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

FreightWaves SONAR

NOVEMBER 19, 2020

Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. However, AI can provide a pathway toward more proactive, responsive management strategies. Request a SONAR Demo. But this is 2020.

Supply Chain Software 106

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 106

FreightWaves SONAR

NOVEMBER 24, 2020

As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. That’s been the dominant trend in 2020. In recent years, agile, flexible and adaptive supply chains have become the new logistics strategies.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

FreightWaves SONAR

MARCH 23, 2021

What trends are you seeing for retailers in the use of technology to help optimize their supply chain and transportation networks? What’s the ideal carrier market strategy for different regions? Request a SONAR Demo. Why is it important to Benchmarking carrier performance and monitor that over time?

Optimal Sourcing 52

Optimal Sourcing Data Optimization Software Price Reduction 52