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6 Tips to Build a Logistics Metrics Scorecard That Guides Decisions

FreightWaves SONAR

Industry events, whether held online or in person, are also great opportunities to discover new partners and connect with new vendors outside your standard network.”. Here are some tips to help you build your metrics scorecard faster and easier. . Request a FreightWaves SONAR demo by clicking the button below.

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Navigating logistics routing guide volatility: Using technology to increase compliance

FreightWaves SONAR

A logistics routing guide can mean the difference between success and failure of pickup and delivery in a supply chain network. It promotes fast and accurate collaboration and communication in the network. . Of course, it’s also beneficial to have additional ways to use technology . Request a SONAR Demo.

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

FreightWaves SONAR

When working with LSPs and other third-party vendors, competitive rates and services can be a key influence on networking partnerships. 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.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

Interpreting real-time data allows businesses to identify past trends and expose problems in short-term and even long-term increments; over the course of days, weeks, months and even years. . Tips to using data to increase contract processes. It’s always beneficial to have a few tips to start contract negotiations.

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

That boosts overall communication and allows for better decision-making in real-time, becoming actionable broker sales tips too. They can be easily deployed across whole networks without a complete overhaul to the existing IT infrastructure. Request a SONAR Demo. The same applies to freight management analytics.

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4 Tips for carriers to maximize fleet asset utilization using data

FreightWaves SONAR

Improving the t ransportation networks and enhancing fleet asset utilization can be challenging. And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Loads per truck per week – Knowing these ratios will help highlight potential missed load opportunities within the network.

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[INFOGRAPHIC] Asset-based freight carriers, lite and brokerage: what are the carrier model types

FreightWaves SONAR

Of course, it’s important to recognize that these categories are not identical to the four trucking carrier types. However, this model allows carriers to use network connections to find more capacity, work across more shippers and endure disruption. Others thrive in a space between all three. What is that one thing, you ask?