Remove Data Remove Demo Remove How To Remove Trucking
article thumbnail

How to price freight loads: carriers that use data price more accurately

FreightWaves SONAR

And the overall industry trucking trends imply an absolute need to grow more strategically. 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 Why outdated data hurts carriers in the short- and long-term. Download the White Paper.

article thumbnail

[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. Request a SONAR Demo.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Read also: How to Calculate the Cost of Transport 2. Read also: What Makes Every Delivery More Efficient Than the Last How to reduce delivery costs of last-mile?

article thumbnail

How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

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). How to track trends developing in long-term pricing agreements.

article thumbnail

The 4 Types of Trucking Carriers Shippers Should Consider in RFPs

FreightWaves SONAR

When it comes to planning RFPs and figuring out which carrier partnerships to pursue, shipping managers need to be aware of the various trucking carriers with availability. And knowing their differences and how those differences amount to varying service levels, including benefits, are key to success. . Request a SONAR Demo.

article thumbnail

Trucking rate relief in 2022? Not so fast

FreightWaves SONAR

Shippers hoping for trucking rate relief in 2022 are going to be severely disappointed. The trucking freight market is one of the most volatile markets on the planet, especially since 2014. If you really want to understand the market’s rate direction, you must understand how supply and demand is structured. You need a driver.

article thumbnail

Conducting a Trucking RFP: Tips for Shippers to Optimize Contract Freight

FreightWaves SONAR

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.