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Freight Market Data Sources

FreightWaves SONAR

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

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[INFOGRAPHIC] FreightWaves SONAR spot freight market data sources

FreightWaves SONAR

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. Logistics management utilizes advanced technology and data analysis to optimize logistics processes and enable informed decision-making. from 2019 to 2025.

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Why truckload freight quotes using automation are more accurate

FreightWaves SONAR

Creating quotes the old-fashioned way opens supply chains to several problems that can affect bottom-line profits and customer satisfaction. Supply chains, while redundant, are prone to risks and delays. Supply chain managers, service providers and other team members can all benefit from SaaS-based services.

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Shippers: Have you considered contracted or outsourced fleets?

Locus

Read also: How Transporter Management System can help shippers Shipping companies can also utilize transporter management solutions that offer each partner dedicated dashboards, visibility into all orders, automated invoice generation, and calculators that leverage on-ground data to reduce billing discrepancies.

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Transportation Visibility: What You Need to Know

CLX Logistics

Visibility was limited, data was often inaccurate, and real-time exceptions like delays, inventory complications, and other network service fluctuations were difficult to manage properly. Modern transportation visibility includes GPS tracking and ELD data to provide a level of precision that puts estimates within inches of reality.

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How to Overcome Reverse Logistics Challenges – Navigating the Pitfalls

Locus

The supply chain, or the trajectory of online shopping from order placement to delivery and return, is an integral part of the customer experience. While the delivery process may be smooth, returns management is one link in the supply chain prone to getting sidelined.