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[INFOGRAPHIC] The tools carriers need to monitor unusual and inconsistent freight market activity

FreightWaves SONAR

Carriers must have state-of-the-art tools and technology to track and manage unusual and inconsistent activity in near-real-time. But what are these tools? Easy-to-use interfaces to visualize market trends The tools used in the freight market must not only be up to date but should project the data in a simple yet cohesive manner.

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5 more truckload shipping strategies for enterprise shippers

FreightWaves SONAR

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Request a SONAR Demo. Shipping distance average.

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2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. And freight KPIs can serve as a valuable tool for freight market intelligence. Freight intelligence tools help management develop a more unified freight strategy.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. Freight consolidation (commonly referred to as retail consolidation, or simply consolidation) is not a new concept.

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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking. Request a FreightWaves SONAR demo by clicking the button below to get started. Request a SONAR Demo.

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Data-Driven Transportation Management and Its Role in Driving Stronger Tech Stack ROI

FreightWaves SONAR

And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Of course, that’s another challenge. Turnkey products and services can make a world of difference for making the most of data-driven tools for freight management.