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Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. The costs of limited supply chain visibility. Poor supply chain visibility remains a top problem for most supply chains.

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact. Think about it.

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. 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.

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What is a freight calculator and how do carriers, brokers and shippers use calculators

FreightWaves SONAR

Managers can calculate freight rate charge estimates to see what needs to be passed on to customers and what needs to be made up for elsewhere in the supply chain. Freight calculators can also help with budgeting to ensure suppliers, drivers, employees, and third-party members are all covered.

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Contract freight rates vs. spot rates: a tech-driven guide

FreightWaves SONAR

Finding a balance between spot freight and contract freight remains a top priority for freight managers, shippers, brokers and carriers alike. While spot rates are generally more indicative of market conditions right now, they are not necessarily the best way to move the most freight. Download the White Paper.

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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

Truck fleet management has always been intensely focused on knowledge of the freight market. Knowing how supply and demand fluctuations go and responding accurately remain keys to growth and success. By using strong management and analysis processes, supply chains can maximize value and stay competitive.