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3 Reasons to consider upskilling your TMS

Locus

In this blog, we’ll explore three compelling reasons why upskilling your TMS should be a top priority for your organization. And when it comes to managing your logistics and transportation operations, having a cutting-edge Transportation Management System (TMS) is the key to success.

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SONAR Indices & Insights: Use these indices to build trucking KPIs to optimize fleet utilization

FreightWaves SONAR

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several mileage-focused indices to aid carriers to build trucking KPIs that will inform decisions to optimize fleet utilization among other freight KPIs. Maintenance Expense per Mile (MAINT). Maintenance Expense per Mile (MAINT). Empty Miles (%) (EMPTY).

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Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

Numerous fields, such as sales forecasting, product demand, credit risk, medical diagnostics, equipment predictive maintenance, and logistics, might benefit from this. It is accurate to state that logistics play a crucial role in how businesses run. It is essential to both customer satisfaction and operational effectiveness.

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[Infographic] Freight KPIs: A Quick Visual Guide to Carrier Benchmarking KPIs

FreightWaves SONAR

As reported by Mindy Long of Transport Topics , “One of the challenges for fleets collecting a wealth of data is determining what information is actionable.” Carrier or trucking company performance management depends on the ability to collect and apply data to understand the real health of the business. That should sound extremely familiar.

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Truckload Shipping Procurement: How Large Data Sets/AI Aid in Pricing and Capacity Outlooks

FreightWaves SONAR

Being able to secure loads and maintain long-term shipping contracts is essential to keeping trucks full and keeping the fleet on the road. Being able to secure loads and maintain long-term shipping contracts is essential to keeping trucks full and keeping the fleet on the road. Outdated communications affect contracts.

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Delivery Management System: A Definitive Guide

Locus

Did the fleet driver reach the wrong delivery location? I realized that it bore a striking similarity with what today’s delivery managers (or) dispatchers face. But how in the world is it related to a delivery management system? The sports manager (Brad Pitt) works under severe cost constraints to build a team. Was there any route deviation?

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SONAR Indices & Insights: Making a trucking business profitable by monitoring these operational trucking KPIs

FreightWaves SONAR

Expenses include items such as driver wages, truck lease, insurance, maintenance, etc. OPRAT is divided into the following granularities: Dry van company fleet – VCF. Reefer company fleet – RCF. Flatbed company fleet – FCF. Flatbed company fleet – FCF. Dry van company and leased fleet – VCFOO.