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[WHITE PAPER] How carriers utilize data and analytics to increase revenue and profits

FreightWaves SONAR

Many of the most beneficial tools come from the utilization of data and analytics. Data and analytics provide carriers with an incredible wealth of information that has proven to bolster revenue and profits. How carriers create data-driven pricing strategies. The use of analytics to proactively handle route optimization.

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[WHITE PAPER] How Data Powers Freight Brokerage ROI: Increasing load execution and broker profitability

FreightWaves SONAR

According to a 2016 McKinsey & Company report : “Data and analytics underpin several disruptive models. Introducing new types of data sets (”orthogonal data”) that can disrupt industries, and massive data integration capabilities can break through organizational and technological silos, enabling new insights and models.

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

FreightWaves SONAR

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

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BCOs and drayage planning: How global retailers apply data

FreightWaves SONAR

H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Download the White Paper.

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What shippers need to know about how carriers price freight with historic, peer and market data

FreightWaves SONAR

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Download the White Paper. Shippers may not track this data independently.

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

FreightWaves SONAR

Streamline data capture and analysis. Failure to use data and apply it accordingly within the fleet will lead to problems securing loads, offering competitive freight rates , and keeping drivers in trucks. Data for the sake of data is meaningless without proper, automated analysis and data capture.

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The 4 Types of Trucking Carriers Shippers Should Consider in RFPs

FreightWaves SONAR

Therefore, they are the ones with direct influence on how freight gets handled and shipped. Download the White Paper. One of the biggest benefits shippers stand to gain from a partnership with different carriers is the ease of handling various loads. Request a SONAR Demo.