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Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

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Why is freight data a powerful weapon in the era of COVID-19?

FreightWaves SONAR

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

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Logistics automation and the vitality of data integrity in supply chain advancement

FreightWaves SONAR

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Achieving that goal hangs on a carrier’s ability to capture meaningful data. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.

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November 21, 2023 Update

Freightos

More Resources Home November 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 25% to $4.23/kg.

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Data analytics for logistics drives reefer efficiency via a real-time forecast

FreightWaves SONAR

During times of disruption and recovery, as seen now in the transportation industry, keeping up with the changing pace is essential. Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. last year and $2.19 the year prior. last year and $2.19 the year prior.

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4 Tips for carriers to maximize fleet asset utilization using data

FreightWaves SONAR

However, the industry is always slow to adopt new software, so not much has changed among many carriers. As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Download the White Paper.

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[WHITE PAPER] Data in the fast lane – managing automotive logistics amid component shortages

FreightWaves SONAR

The global semiconductor shortage seems to be the first, second, third and only issue in the auto industry right now. Those data sets and use cases include: Freight market data to assist in negotiations with carriers. Request a SONAR Demo. Request a SONAR SCI Demo.