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Freight Market Data Sources

FreightWaves SONAR

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Consider this; as reported by Louis Columbus of Forbes , “Machine learning algorithms and the apps running them are capable of analyzing large, diverse data sets fast, improving demand forecasting accuracy.”

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Trade agreements and logistics data: why proactive planning always wins

FreightWaves SONAR

One of the most crucial aspects of logistics management is the process of trade agreements and annual negotiations. 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. Download the White Paper.

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Navigating the Freight Downturn with Kevin Coomes

The Logistics of Logistics

Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. His expertise extends across a diverse range of industries, including healthcare, energy efficiency, logistics, and technology applications. logistics market. and Revenova, LLC. Greenscreens.ai

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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

Data 97
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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 And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences.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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5 data prerequisites for carrier predictive freight rating in logistics

FreightWaves SONAR

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. Now, the industry is changing yet again. Initial demand on the industry will likely generate a stronger ROI for trucking carriers through higher trucking spot rates.

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

FreightWaves SONAR

Take a moment to think about the biggest advancements in logistics. 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. Consider the following example.