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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries. Download the White Paper.

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How Rising Fuel Costs Affect the Shipping Industry

TransAudit

In just the first few months of 2022, fuel prices had more than a $134 billion impact on this industry. Other industries, too, may invest in fuel efficient vehicles or upgrade the ones they already have. Of course, there’s probably a bit of wishful thinking there. Cargo airlines have similar troubles when fuel is expensive.

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Key Takeaways from Oracle CloudWorld 2023

Logistics Viewpoints

I’m a supply chain industry analyst, so naturally my takeaways are influenced by my coverage area. This year, Mr. Ellison spun a vision of how the global agricultural industry’s value chain could be reconstructed to improve the quality of food while making the industry much more sustainable. Oracle CloudWorld happened last week.

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[WHITE PAPER] SONAR SCI: Holding carriers accountable means knowing the freight market

FreightWaves SONAR

If carriers are rejecting twice as many loads in September as they were in August, that could be par for the course in a tightening market – or not. Use SONAR SCI to benchmark rates against what shippers in your industry are paying. The highest carriers in your routing guide shouldn’t always be the ones with the lowest rates.

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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. Of course, tracking overall detention across a carrier’s network can seem overwhelming. Of course, it helps to know how the trends are shaping up over days, weeks and even months.

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Selling in Tough Times with Nick Strober and Melanie Flores

The Logistics of Logistics

She started up Corning’s optical fiber factory in the Charlotte, NC area, founded a popular kindergarten engineering design workshop based on a famous MIT course, and led the STEM coaching team serving 48 Easter Seals teachers across metro Atlanta. Symtraim Demo. Learn More About Selling in Tough Times. Nick’s LinkedIn.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Now, the industry is changing yet again. Initial demand on the industry will likely generate a stronger ROI for trucking carriers through higher trucking spot rates.

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