FreightWaves SONAR

DECEMBER 11, 2020

An intimate relationship exists between truckload providers and ocean import market data. operate 20 or fewer trucks (while 90% of those operate with six or fewer trucks). The national economy depends on trucks to deliver nearly 70% of all freight transported in the U.S. That one is the simplest of all.

Data 59

Data Supply Chain Planning Software Supply Chain Software Optimization Software 59

FreightWaves SONAR

DECEMBER 29, 2020

However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

FreightWaves SONAR

JULY 24, 2023

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. Download the White Paper.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

DECEMBER 15, 2020

And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best. It’s millions of individual transactions that amount to pallets, loads, trucks, rail cars, airplanes and beyond. Chances are good that it’s a combination of these factors.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

FreightWaves SONAR

FEBRUARY 8, 2021

But again, there are factors that disrupt this otherwise standard trucking RFP process. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. trucking market. Consider this.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

JANUARY 4, 2021

Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. The best examples of shippers of choice provide services along several trucking routes. Offer personalized services and options.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

MARCH 26, 2021

As an example, World Finance reported that Bryan Trucker, Vice President of Corporate Communications at CSX, stated , “CSX became the first U.S. Let’s juxtapose that against trucking fuel efficiency rates of around 10-20% of that amount. Let’s juxtapose that against trucking fuel efficiency rates of around 10-20% of that amount.

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

FreightWaves SONAR

APRIL 1, 2021

Every inch of space available in delivery vans, trucks, semis and cargo crates is valuable. In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

FEBRUARY 5, 2021

For example, trades that are made through the Robinhood app are executed by hedge funds like Citadel. The trucking market is volati le. Gaining objectivity in the trucking market. Objective market data available in platforms such as SONAR. Objective data prevents any one party from controlling the narrative.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Locus

MAY 4, 2022

Often, you have an extensive network of distribution centers and a large fleet of trucks. The other is when you load your trucks with the products of manufacturers and try to sell these products to various retail outlets: The van or truck spot sales approach, also called direct store delivery (DSD).

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Trucking Optimization Software 52

The Logistics of Logistics

FEBRUARY 11, 2022

Inclement weather or another force majeure – Winter storms, tornadoes, flash floods, hurricanes, earthquakes, and wildfires are just a few examples of the things Mother Nature can dish out that lead to delivery delays. Schedule a demo today. Lack of End-to-End Visibility = Exception Management Struggles.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Design Software Supply Chain Software Supply Chain Design 195

FreightWaves SONAR

DECEMBER 3, 2020

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. Collaboration means parties must share data in real-time. Collaboration means parties must share data in real-time. For example, market conditions show shippers’ rate trajectories. And they keep inventory levels lean.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

NOVEMBER 19, 2020

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.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

FreightWaves SONAR

MARCH 4, 2021

Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Download the White Paper.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

FreightWaves SONAR

SEPTEMBER 1, 2021

For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity. The SONAR data platform offers the fastest and deepest set of freight market data on the planet. Request a SONAR Demo. Request a SONAR SCI Demo.

Freight 98

Freight Inbound Demo Events 98

Blue Grace Logistics

MARCH 15, 2018

With rapid advancements in interconnectivity, such as the Internet of Things and the added advantage of instant data streaming, the freight industry has been devouring data technology as a whole and is getting a much-needed overhaul. There are still some serious gaps, tracking being a great example of this. becomes apparent.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Trucking Sourcing Strategies Manufacturing Procurement 54

FreightWaves SONAR

JANUARY 5, 2021

Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time. Freight technology advancements, such as carrier-managed scheduling and seeing total market activity for a given area, will reduce waste by ensuring truckers spend less time loading and unloading trucks.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

JULY 14, 2023

High-frequency data It is a widely accepted truth that data plays an important role in revealing the state of the freight market. Until only a few years ago, using data to make informed decisions in the transportation space had meant extrapolating historical insights to predict probable future conditions. port activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Freight Logistics Network Optimization Software 52

Shipchain

MAY 3, 2019

The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 Having actionable, irrefutable data has wide implications.” So, let’s take a closer look at how a blockchain trucking platform will enhance efficiency and profitability for truck drivers.

Supply Chain Planning Software 117

Supply Chain Planning Software Logistics Network Optimization Software Efficiency Supply Chain Software 117

FreightWaves SONAR

DECEMBER 10, 2020

Predictive analytics is the process of taking the data gathered from everyday operations and converting it ‘into valuable nuggets of insight.’ Leverage IoT-enabled sensors to collect more data. Data collection is imperative to provide an invaluable working relationship between predictive analytics and logistics companies.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

Shipchain

MARCH 13, 2019

Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Trucks in the U.S.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . In addition, SONAR data could be used by retailers for strategic and longer-term decision-making, such as deciding where to locate warehouses and fulfillment centers. . SONAR data can identify tight relationships such as U.S.-bound Retail use case No.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. Here are three examples for how to use this product in real-time. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

FEBRUARY 2, 2021

Note, however, that the ability to apply data depends on the actionability of information. This trend is changing land use patterns and contributing to increased truck traffic and competition for curb space in residential areas. Consistent data collection. Near-real-time data. That’s where freight indices come into play.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

MARCH 5, 2021

But that concept often falls by the wayside in supply chain analytics, especially when assessing the accuracy of predictions using freight data or a forecasting engine. Predictive insights take massive amounts of data from market conditions and yield a potential outcome of what is likely to occur.

Freight 98

Freight Cost Reduction Expense Reduction Price Reduction 98

Logistics Business Magazine

JANUARY 26, 2024

To cite just one example, a study published in late 2023 on the introduction of wearable exoskeletons found that they could reduce muscle strain in workers with the most strenuous jobs by up to 30 percent. The focus here is on sensor-based safety and ergonomic workstation design at transfer points and the periphery of the line, for example.

Optimization Software 57

Optimization Software Logistics Network Optimization Software Resource Reduction Material Savings 57

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. The reasons for a carrier to reject the load tender are: 1) lack of trucking capacity; and 2) the rate is too low. RHAUL.ATL = 50.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

DECEMBER 21, 2020

The retail sales trends data can be broken out into categories for a more granular understanding of performance in various retail sectors. Example: Retail sales for food and beverages (RESLG.FBEV) compared to reefer capacity (ROTRI.USA). Click the button below to g et a demo of SONAR to see what the platform can do for you.

Trends 98

Trends Freight Demo Purchasing Skills 98

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. Lane Acuity also provides a measure of lane coverage favorability via the Lane Score, which evaluates multiple data points within the app. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Parade

JANUARY 3, 2022

Carrier Preferences and Information Many brokerages don’t make a habit of asking their carriers where they’ve got trucks available (or going to be available) so that the system has the most up-to-date information on preferred carrier capacity. For example, if you’ve got a carrier that says they hate L.A. Brokers can block out all L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

Parade

JANUARY 3, 2022

Carrier Preferences and Information Many brokerages don’t make a habit of asking their carriers where they’ve got trucks available (or going to be available) so that the system has the most up-to-date information on preferred carrier capacity. For example, if you’ve got a carrier that says they hate L.A. Brokers can block out all L.A.

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Price Reduction Capacity 78

FreightWaves SONAR

NOVEMBER 20, 2020

As an example, Supply Chain Dive states, “Minimizing the number of claims for overages, shortages and damages (OS&Ds) as a percentage of deliveries,” is one way to manage operations and track performance better. While following OS&D helps, it’s only a fraction of the true value of data-driven supply chain management.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 66

FreightWaves SONAR

NOVEMBER 30, 2020

For example, if there were 700 intermodal shipping containers moved between City A and City B in the past week, that lane shows a total ORAIL value of 100. It gives SONAR users visibility to daily changes in the intermodal market and is broken down in detailed granularity not found in other data sources.

Purchasing Skills 59

Purchasing Skills Negotiating Skills Sourcing Strategies Freight 59

EazyStock

MAY 20, 2022

The most resilient supply chains use systems that can process big data and provide advanced analytics and real-time insights. A warehouse management system based on Radio Frequency ID (RFID) can help you collect, transfer, check, and update bulk data on the location of your goods. Very narrow aisle trucks and automated reach trucks.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52