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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

The volatility in the auto industry has wreaked havoc on the Detroit freight market. . There is typically more demand for inbound truckloads into Detroit than outbound truckloads. An indicator of balance (or imbalance) in freight demand, the Detroit Headhaul Index subtracts inbound demand from outbound demand. Source: SONAR).

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. Shifting to another route might add 60 minutes to the delivery time, but it also highlights a much better option than staying on course and being delayed for hours due to a weather anomaly. Request a SONAR Demo.

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

FreightWaves SONAR

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52
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Bringing in freight lane-specific data best practices to allocate assets

FreightWaves SONAR

The shipping industry is continuing to suffer the effects of a pandemic-driven demand that some carriers simply cannot handle. The industry is experiencing an all-time high on demand, and for carriers, improper asset allocation dramatically increases the risk of blowback and bankruptcy. Request a SONAR Demo.

Data 52
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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Inability to account for market fluctuations due to disruptions Within the manufacturing supply chain industry, there is a question about whether disruptions will happen and when they will occur. And lane-by-lane insights are critical to account for that disruption among raw material suppliers and the flow of outbound freight.

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Retail disruption and K-shaped recovery highlight importance of freight data

FreightWaves SONAR

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. As disorienting as the past year and a half have been for everyone, few industries have experienced as much upheaval as retail. .