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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. 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.

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Freight Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

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.

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

FreightWaves SONAR

Of course, no disruption comes close to those that have been experienced to date in 2020. Of course, even those capabilities hinge on AI to digest, interpret and act upon data. . Of course, brokers and carriers – whose businesses are wholly transportation – will still be involved. Request a SONAR Demo.

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What is a routing guide and what are best practices to create one

FreightWaves SONAR

Of course, that is all subjective and again dependent on market stability within individual locations in origin/destination pairings. What is a routing guide : a set of rules and requirements from shippers that set rules for inbound and outbound shipping. Request a SONAR SCI Lane Acuity demo by clicking the button below today. .

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Of course, figuring additional opportunities to save resources, like better planning of the dock schedule through proactive management of dwell time and considering the inbound port activity, will reduce the possible delays and costs that may arise. Request a SONAR SCI Lane Acuity demo to get started or click the button below.

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Bringing in freight lane-specific data best practices to allocate assets

FreightWaves SONAR

Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike. And figuring the optimum asset allocation amounts to knowing the inbound versus outbound volume for each freight market. Request a SONAR Demo.

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Bringing in freight lane-specific data best practices to allocate assets

FreightWaves SONAR

Headhaul indices provide insight into the balance of inbound and outbound freight Asset allocation remains a top-of-mind subject for carriers and asset-based freight brokers alike. And figuring the optimum asset allocation amounts to knowing the inbound versus outbound volume for each freight market. Request a SONAR Demo.

Data 52