Remove Course Remove Demo Remove Networks Remove Trucking
article thumbnail

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. A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. Effective truck fleet management is vital for successful daily carrier operations.

article thumbnail

The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. And knowing what’s happening to market volatility and trucking carriers across the country is critical to maximizing carrier revenue and margins. Broken down to reefer, dry van and flatbed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Decreasing deadheading in trucking: how carriers are turning to data to maximize assets

FreightWaves SONAR

Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. The problem of deadheading in trucking. By utilizing effective trucking RFP protocols, freight managers can ensure trucks stay filled on every leg of every trip. Those that held on in 2020 continue to face obstacles as recovery begins.

article thumbnail

10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

Transportation analytics is among the most effective tools in trucking contract negotiations. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them. Limited network contacts result in higher costs. Download the White Paper.

article thumbnail

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. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again.

Data 88
article thumbnail

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. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity. Of course, even those capabilities hinge on AI to digest, interpret and act upon data. .

article thumbnail

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. From long dwell times at load docks to issues with delivery and freight brokerage load payments, outdated technology will cause problems throughout the entire supply chain network.