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. Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

MARCH 12, 2024

But seasonal trends continue after Thanksgiving, with orders cut for springtime seasonal shipments before much of Southeast Asia shuts down for at least a week for Lunar New Year in late January/early February. By following maritime data and pairing it with multimodal domestic trends (volumes, rejections, etc.),

Trends 64

Trends Inventory Reduction Cost Reduction Ordering 64

FreightWaves SONAR

NOVEMBER 16, 2020

Reefer Outbound and Inbound Tender Reject Indices The Reefer Outbound Tender Reject Index (ROTRI) and the Reefer Inbound Tender Reject Index (RITRI) are sub-indices of the major SONAR Index named Tender Reject Index (TRI) measured by direction type as indicated by “outbound” and “inbound” in the name and ticker of these indices.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

APRIL 12, 2021

Knowing where current intermodal freight shipping rates stand and where the trends are heading gives a substantial competitive advantage over those only using truckload services. Identifying current inbound and outbound rail volume rates in the current market. Predicted inbound and outbound fuel and maintenance budgeting needs.

Availability 98

Availability Data Supply Chain Planning Software Freight 98

FreightWaves SONAR

OCTOBER 11, 2021

This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Spot rates continue to rise as freight flows to the spot market – particularly on the West Coast. These declines are concentrated in the outbound L.A.

White Paper 98

White Paper Freight Demo Maritime 98

FreightWaves SONAR

AUGUST 16, 2021

This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. That has put intermodal further out of reach for spot shippers in the lanes outbound from L.A.

White Paper 98

White Paper Demo Maritime Outbound 98

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52

FreightWaves SONAR

MARCH 25, 2021

For instance, using the trends and seasonality within the Outbound Tender Rejection Index, shown above , logistics coordinators can create responses to RFPs based on like a higher all-in rate. Recognize how other modes, along with current shipping trends, affect OTR transportation.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

MARCH 15, 2021

In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. Knowing the trends of the lanes can help widen their margins. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

APRIL 8, 2021

Managers of carrier relations representatives can set alerts for when these trends start to change, but with an increase in rates this high, your strategy should be focused on contracting these carriers to a more sustainable rate (if they are even willing to have that discussion). .

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. There is typically more demand for inbound truckloads into Detroit than outbound truckloads.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

GlobalTranz

OCTOBER 27, 2021

Download the White Paper: Over the Road Freight Management Trends. Freight consolidation and network diversification can help supply chains in these ways: Excess capacity for inbound in one market versus excess outbound can result in better management practices and protocols, along with higher success rates in tight markets.

Sourcing Strategies 79

Sourcing Strategies Optimal Sourcing Efficiency Networks 79

3PL Insights

DECEMBER 14, 2022

Most businesses working with a 3PL benefit from data insights on inbound/outbound account activity, handling metrics, order accuracy, days to ship, or the number of orders shipped per day. While the WMS collects the raw data, the evans365 portal gives customers an interactive dashboard to observe trends.

3PL 52

3PL Optimization Software Logistics Network Optimization Software Inventory 52

FreightWaves SONAR

FEBRUARY 24, 2021

Prioritizing moves based on inbound and outbound data trends. And to help carriers achieve that goal, this white paper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Industry expert guidance as a best practice. Tracking and applying equipment data insights.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

FreightWaves SONAR

MARCH 5, 2021

Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. Send them a screenshot, like the one below, to let them know the current rate trends.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

SEPTEMBER 29, 2023

freight market has grown in volume since the July 4th holiday, which is counter to historic trends. The FreightWaves’ SONAR data shows the Outbound Tender Volume Index (OTVI) remains up 25% year-over-year, hardly falling from its pre-July Fourth peak. In addition to spikes in ecommerce volumes, the overall U.S.

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

FreightWaves SONAR

SEPTEMBER 16, 2021

The Outbound Ocean TEU Index (OOTI) from Vietnam to the U.S. Outbound Air Cargo Tons out of Ho Chi Minh City are expected to grow leading into the holiday season as shippers rely heavily on air cargo. Including those bookings leaving Vietnam in the next seven days, the index has dipped to its lowest level since late February.

Freight 98

Freight Supply Chain Planning Software Outbound Manufacturing Procurement 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. AI and machine learning enable predictive everything – the hallmark of real supply chain intelligence. But this is 2020.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight. Download the White Paper.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91

FreightWaves SONAR

JULY 10, 2023

The loss of predictability The domestic freight market was relatively stable after the Great Recession, which trended right in line with economic growth. The national Outbound Tender Volume Index (OTVI), which measures shipper requests for truckload capacity, was nearly 30% lower than the previous year.

Freight 52

Freight Capacity Outbound Supply Chains 52

FreightWaves SONAR

JUNE 1, 2023

In taking the opportunity to make strategic investments in digital supply chain tools during a market downcycle, when capacity is loose, freight costs are low and customer demand looks shaky, Walmart was bucking the trend among large shippers. The Outbound Tender Reject Index measures the percentage of load tenders rejected by carriers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Negotiating Skills Supply Chains 52

GoShip Blog

MAY 12, 2020

With that being said, making estimates on average delivery times both inbound and outbound can help set realistic expectations for your customers and your business. As the customer demand grows, keep an eye on how the pace of this demand increases and pay attention to the new trends in customer behavior. Supply and demand balance.

Vendor Strategies 69

Vendor Strategies Inventory Reduction How To Strategy 69

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Another methodology is the Porter’s Value Chain Framework, which comprises of inbound logistics, operations, outbound logistics, sales, and service. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. Outbound KPIs. Manufacturing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

GlobalTranz

MAY 12, 2021

3PLs should provide cost prediction model intelligence on pricing and market trends via a live dashboard to help shippers adapt to rapidly changing market conditions, automate processes, and gain visibility. Pricing may vary significantly based on carriers, lanes and capacity constraints. Multi-modal Expertise. Supply Chain Transformation.

Supply Chain Software 114

Supply Chain Software Supply Chain Planning Software 3PL Supply Chains 114

GlobalTranz

FEBRUARY 7, 2018

We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 68

FreightWaves SONAR

APRIL 29, 2021

The retailers that performed the best over the past year were generally the ones that sold essential goods, such as food, or benefited from the trends of the hour, such as home repair. have the confidence of knowing the exact volumes that each port handled to identify key market-share trends across U.S. containerized imports.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

DECEMBER 7, 2020

Consequently, you can determine which are likely to create more outbound truckload and intermodal volumes. This is also a major indicator of long-term trends in how shippers are routing their shipments into the U.S. ports are trending in terms of volume. This can be important when trying to distinguish how U.S.

Freight 81

Freight Maritime Trends Demo 81

FreightWaves SONAR

NOVEMBER 17, 2020

Outbound/Inbound Tender Rejection Indices to understand market trends and rates. With more than $250 billion in freight spend connected to SONAR, the Outbound and Inbound Tender Rejection Indices (OTRI and ITRI) reveal market rates and activity. Download the White Paper.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

JULY 17, 2023

But by including multiple data points — like capacity trends, confidence scores, ranges and multiple years of data to analyze seasonality effects — supply chain organizations can give their algorithms more context to help their systems know what to do with the inputs coming in.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Data 52

FreightWaves SONAR

DECEMBER 15, 2020

Contracted freight trends. Outbound and inbound data. . Compare findings to industry trends. Benchmarking helps determine how well business intelligence findings align with market trends. They provide insight into freight spend on large and granular scales. . Current truck equipment orders.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

APRIL 20, 2022

FreightWaves SONAR, Outbound tender volume levels downward decline accelerates. The Outbound Tender Reject Index, which measures relative capacity in the market through rejection rates, has plummeted as well – further indicating that the spot market is softening. Then the calendar turned to March. Contract rates increased by 15.7%

Demo 52

Demo Outbound Logistics Network Optimization Software After-sales 52

FreightWaves SONAR

FEBRUARY 8, 2021

With that in mind, carriers of all sizes must consider the average inbound and outbound volumes, when to reject or accept freight loads , the standard rates expected within individual markets and how global trade will inevitably impact the U.S. As the industry moves past the anniversary of the initial U.S. trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

APRIL 8, 2021

Trends come and go, needs wax and wane, and the one thing that stays the same is the reality that everything changes. Accurate and up-to-date data remains the best way to ensure everything runs as smoothly as possible. Identify hot versus cooling markets The market constantly changes as demands shift and service availability rises and falls.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

APRIL 1, 2021

For instance, as carrier rejection rates increase in outbound tenders, shown above, rates will climb, and predictions within the current FWS7.USA USA ticker show a trend toward significant increases going forward.

Freight 93

Freight Optimal Sourcing Logistics Network Optimization Software White Paper 93

GlobalTranz

SEPTEMBER 16, 2016

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. These include: . Professional Service. Responsiveness. Types Of 3PL Providers.

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

GlobalTranz

FEBRUARY 25, 2021

Like traditional outbound logistics, return logistics requires the careful planning of pick-ups and deliveries of products, however, the involvement of end-consumers in the process creates additional complexities. The manufacturer reviews the return data and sees a high trend of replaced or repaired radios based on the TMS trends.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84