Remove Course Remove Demo Remove Operations Remove Outbound
article thumbnail

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.

article thumbnail

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

FreightWaves SONAR

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

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

FreightWaves SONAR

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. Find out more about how your organization can gain those lane-level insights by requesting a demo of FreightWaves SONAR SCI Lane Acuity today.

article thumbnail

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.

article thumbnail

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
article thumbnail

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
article thumbnail

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

FreightWaves SONAR

Of course, during that same period, many retailers performed extremely well. Those use cases can be categorized as supporting day-to-day operations to minimize freight costs and those use cases are our focus in the coming pages. market, which has very limited outbound freight. Deciding when to put your freight out to bid.