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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

The ramifications can yield long-term effects and without the ability to track data trends over time, contract procurement becomes extremely challenging and almost impossible to predict. Seeing the long-term trends over time provides shippers with more options and a better understanding of density. Request a SONAR Demo.

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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. Yes, AI and machine learning build on algorithms to isolate historical trends and derive a likely transportation rate. And the past data trends are obsolete and rapidly becoming more so. Request a SONAR Demo. But this is 2020.

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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SONAR Indices & Insights: Use FreightWaves’ Scientific tickers to backtest predicted linehaul spot rates actual rates

FreightWaves SONAR

It then creates a weighted average of all lanes to create a likely linehaul rate trend for the next year based on the influence of volumes within individual freight markets. It’s highly like a weighted calculation used to differentiate higher-intensity course curricula in an educational institution. . Request a SONAR Demo.

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How to Estimate Electrical Work: A Contractor’s Guide

WorkWave

Residential jobs often mean dealing with existing structures where current electrical systems may present surprises once walls open up or floors come apart. To achieve this: Analyze market trends: Stay updated with what competitors are charging and how they’re pricing their services. Get a free demo today !