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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

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What Is a Price Quote?

WorkWave

Time To Read: 2 minutes Looking for a simple solution for price quotes in your field service business? What Is a Price Quote? A price quote, also known as a service quote or a job quote, is a document that outlines the estimated cost and details of services or products to be provided by a field service business to a client.

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6 Truckload freight spend optimization best practices

FreightWaves SONAR

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. Typically pricing is prioritized, but it should also be complemented with quality and delivery time.

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Logistics Analytics: Top Reports You Need To Reduce Costs

Trinity Logistics

A TMS is an excellent investment and according to Logistics Management Magazine, has been shown to reduce transportation costs by up to 30 percent. Find out these priceless tips on improving your logistics processes. All the data a TMS provides can be overwhelming and the possibilities of what you could analyze are endless.

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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.

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How transportation brokers should start each morning with FreightWaves SONAR-fueled data

FreightWaves SONAR

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. Talent and skills relevant to supply chain analytics are limited.

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Truckload freight broker tips: Identifying bad customers

FreightWaves SONAR

One of the main themes to identify, however, is if a new shipper is framing its negotiations in terms of “heads I win, tails you lose.” . 3 truckload freight broker tips to identify bad customers. It’s the cost of doing business with us. . Request a SONAR Demo. Slow pay or no pay . We took eight hours to load the truck?

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