FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Frost & Sullivan estimates the digital freight brokerage market will reach $54.2 Use the Ocean Shipments Report to understand freight brokerage drayage planning.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. This sector covers important activities relating to procurement, transport, and storage of goods. Measuring performance with transportation KPIs and freight data is getting easier.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

APRIL 23, 2024

Large transportation companies and brokerages rode their highs during COVID. When the market leaned more in shippers’ favor, transportation organizations began to dig their heels in the sand when it came to giving back concessions and lowering their rates…until they realized there was no other option.

Freight 52

Freight Webinar Demo Transportation 52

FreightWaves SONAR

SEPTEMBER 29, 2023

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.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

MARCH 10, 2021

Volatility has become commonplace in transportation management. In other words, supply chain leaders need to validate and measure the success (read “accuracy”) of data source analytics and how well they stack up to the observed market conditions. Request a SONAR Demo. Fill out the Form Below to Access a COPY of the White Paper.

White Paper 98

White Paper Data How To Supply Chain Software 98

FreightWaves SONAR

JUNE 7, 2021

Automotive shippers are facing numerous challenges stemming from a global semiconductor shortage, inflationary pressure on numerous inputs, as well as rising freight costs that seem to be affecting every shipper across all modes. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiating Skills Data Freight 52

FreightWaves SONAR

MARCH 18, 2021

Nothing in life comes for free, especially in the transportation and shipping industry where predictive freight costs carry so much weight. Ultimately, it comes down to how good logistics managers get at transportation rate forecasting. It cost money to make money and even to try and save money.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Data 98

FreightWaves SONAR

JANUARY 5, 2021

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

FreightWaves SONAR

JUNE 15, 2021

In addition, freight spend is not able to be effectively hedged like commodities that are able to be hedged in the short-term. However, leveraging freight market data can mitigate freight spend and lead to a more efficient supply chain. Request a SONAR Demo. Request a SONAR SCI Demo.

Negotiating Skills 52

Negotiating Skills White Paper Data Freight 52

FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

JUNE 17, 2021

Consumer packaged goods are facing inflationary pressures from all sides: Commodity prices are increasing; shortages of blue-collar workers for labor-intensive jobs; manufacturing costs increasing; packaging costs rising amid a boom in e-commerce; and transportation costs climb as capacity across all modes is historically tight.

Negotiating Skills 52

Negotiating Skills White Paper Data Transportation 52

FreightWaves SONAR

MARCH 25, 2021

Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. It is something that needs to be practiced more often when it comes to planning and predicting freight rates. Download the White Paper.

Scenario Planning 98

Scenario Planning Data Logistics Network Optimization Software Demo 98

FreightWaves SONAR

NOVEMBER 24, 2020

Market dynamics of freight management can turn on a dime. Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Often this means contracted volume is the way to go.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

APRIL 9, 2021

Due to the ramifications of the COVID-19 pandemic over the last year, the freight business has experienced marketplace volatility. According to PS Market Research , shippers and freight management parties expect to see a tremendous growth rate of 8.0% Checking incoming freight from the source is vital.

Refrigeration 93

Refrigeration Freight Optimal Sourcing Negotiating Skills 93

FreightWaves SONAR

DECEMBER 29, 2020

Transportation brokers continue to search for new applications and uses of technology to empower more informed decision-making. And in recent years, the application of freight analytics has grown more manageable and faster to use. Remember, transportation brokers ’ whole business is freight management.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 4, 2021

Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Waste matters in the shipping industry because every instance leads to higher freight costs. Of course, carriers want their transportation networks to be as profitable as possible.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

FreightWaves SONAR

MARCH 9, 2021

This service joins different methods of long-haul shipping to help smooth overall transportation hand-offs. It can also refer to the transportation of shipping goods over short distances. Global supply chains rely on multimodal transport to ship goods from manufacturers that are far from their end customers.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

FEBRUARY 9, 2021

With the need to move freight faster a leading decision in choosing a carrier among shippers today, any delay could be the proverbial nail in the coffin for a struggling carrier. However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

FEBRUARY 9, 2021

With the need to move freight faster a leading decision in choosing a carrier among shippers today, any delay could be the proverbial nail in the coffin for a struggling carrier. However, looking beyond the short-term and consider freight lane -specific data can go a long way to optimizing asset allocation and avoiding these risks.

Data 52

Data Freight Demo Outbound 52

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

MARCH 11, 2021

Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. It has been and remains a key part of the transportation and logistics puzzle for enterprise shippers today. Streamline data collection and analysis. Download the White Paper.

Data 98

Data Supply Chain Planning Software Supply Chain Software Expense Reduction 98

FreightWaves SONAR

DECEMBER 8, 2020

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Improved on-time shipping performance begins with effective transportation benchmarking. Freight management parties are not created equally.

Data 82

Data Resource Reduction Cost Reduction How To 82

FreightWaves SONAR

MARCH 16, 2021

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.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

MARCH 17, 2021

How effective are you at lane-by-lane planning and getting deep insights to aid in freight spend planning, mini-bids, and other long-term contracts in your organization? How contract data amounts to tactical bidding management. How to use data to stay strategic and lower costs across the board. . Request a SONAR Demo.

White Paper 98

White Paper Analysis Cost Reduction Transportation 98

FreightWaves SONAR

NOVEMBER 12, 2020

There are many aspects of day-to-day shipping processes that any freight broker must monitor. Transportation costs are among the most critical of these. According to TruckingInfo.com , “Some envision technology in the freight market doing what Uber and Lyft have done in the ride-sharing market or Airbnb in the vacation market.

Supply Chain Software 98

Supply Chain Software Optimization Software Logistics Network Optimization Software Freight 98

FreightWaves SONAR

SEPTEMBER 1, 2021

These major weather events affect transportation markets in the days leading up to the event and following the events in different ways. Major weather events hamper transportation markets from both the demand and supply sides of the market. The SONAR data platform offers the fastest and deepest set of freight market data on the planet.

Freight 98

Freight Inbound Demo Events 98

FreightWaves SONAR

JANUARY 7, 2021

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.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Download the White Paper.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

APRIL 7, 2021

Data has become an integral part of the supply chain network’s daily operations and is inseparable from the modern processes that govern procedures involved in transportation. Anything other than up-to-date, near-real-time freight data will make the work of the management team all the more difficult. Request a SONAR Demo.

White Paper 59

White Paper Data Demo Analysis 59

FreightWaves SONAR

MARCH 23, 2021

However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. Avoid destinations with a lower likelihood of an empty backhaul One significant aspect of freight management to consider is the risk of empty backhauls. Download the White Paper.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

FreightWaves SONAR

AUGUST 18, 2021

Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. Identifying trends in the maritime market is also important, because increased ocean freight impacts domestic transportation markets as freight arrives on shore.

Trends 94

Trends Freight Outbound Maritime 94

FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59