FreightWaves SONAR

FEBRUARY 2, 2021

Improving carrier operations positively and practically can make this process easier for everyone involved. Freight carrier leaders should turn to these seven practical tips to combine freight analytics with operational excellence improvements. Connect the full freight tech stack to start gaining efficiency in carrier operations.

Tips 98

Tips Waste Reduction Cost Reduction Operations 98

FreightWaves SONAR

FEBRUARY 23, 2021

Data and freight analytics platforms play a pivotal role in freight forecasting. Data and analytics platforms assemble and organize data for meaningful, actionable use. When the data is collected and made more available and accessible, carriers and logistics service providers (LSPs) can improve trucking operation decisions.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 52

FreightWaves SONAR

FEBRUARY 4, 2021

Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. More carriers are pursuing ways to measure profitability per load and track operating ratios. Most freight managers are not qualified for this kind of operation, so forming partnerships with 3PLs is vital.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Freightos

MARCH 12, 2024

More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Demo Data 115

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile data can play a pivotal role in building the supply value chain. Mobile devices have functions that provide valuable data for the supply value chain. But even more importantly, this freight data enables shippers to optimize their company’s operations in various ways by avoiding overspend and more.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

APRIL 2, 2021

(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.”

Purchasing Skills 98

Purchasing Skills Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

MARCH 16, 2021

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.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

MARCH 11, 2021

According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.

Optimal Sourcing 98

Optimal Sourcing Data Procurement Freight 98

FreightWaves SONAR

JANUARY 7, 2021

Automated systems and advanced workflows have brought new life to carrier operational excellence and collaboration with shippers. Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through good and bad times. Will network investments lower operating costs?

Supply Chain Software 98

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

FreightWaves SONAR

NOVEMBER 16, 2020

“What’s the best way to use data to beat your competition as a freight brokerage business?” Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Furthermore, real-time data and SaaS-based resources have additional value in the form of enabling management by exception.

Modeling Software 107

Modeling Software Logistics Network Optimization Software Supply Chain Software Data 107

FreightWaves SONAR

APRIL 12, 2021

Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes. Data access to see savings compared to truckload and other shipping methods. Data accuracy can and does impact freight transportation in a significant way.

Availability 98

Availability Data Supply Chain Planning Software Freight 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. And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

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

Freightos

JANUARY 30, 2024

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Freightos Air Index data shows that China – N.

Optimal Sourcing 110

Optimal Sourcing Negotiating Skills Demo Optimization Software 110

FreightWaves SONAR

MARCH 16, 2021

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. Businesses that have better access to more data have distinct advantages.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

MARCH 9, 2021

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. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 98

FreightWaves SONAR

FEBRUARY 11, 2021

While valuable for advancement, the rest of the equation rests on ensuring that financial and operational performance continues. The different benchmarks for trucking fleets help ensure that the company operates at an optimal level at all times. The data from benchmarking trucking fleets provides companies with a wealth of information.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

FreightWaves SONAR

JANUARY 21, 2021

As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Capture and analyze data inside and outside of your network to benchmark performance. Download the White Paper.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

Log-hub

JUNE 5, 2023

designed to streamline the operations of supply chain planners. Additionally, the geographical data precision is enhanced with the inclusion of Nomenclature of Territorial Units for Statistics (NUTS). Book a demo The post Log-hub 3.2: Streamlining operations of supply chain planners appeared first on Log-hub.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chains 52

FreightWaves SONAR

NOVEMBER 23, 2020

This week, learn how freight market participants, especially freight carriers, rely on FreightWaves SONAR’s Operating Ratio (OPRAT) index to monitor and understand carrier operating ratios. What is the Operating Ratio (OPRAT) Index? Background on Truckload Carrier Association and freight carriers operating ratios.

Operations 98

Operations Negotiating Skills Purchasing Skills Freight 98

FreightWaves SONAR

FEBRUARY 9, 2021

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. And it’s important to know why tendered, non-paid data can add so much weight.

Data 59

Data Supply Chain Design Software Trucking Logistics Network Optimization Software 59

EazyStock

JUNE 23, 2022

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

FreightWaves SONAR

NOVEMBER 9, 2020

Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI), and machine learning are expected to figure prominently in future supply chain operations. Today’s supply chains are increasingly complex, driving logistics operations to invest billions in systems to manage all the moving parts.”

Optimization Software 78

Optimization Software Data Freight Optimal Sourcing 78

Freightos

FEBRUARY 7, 2024

More Resources Home February 7, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Freightos Air Index data show China – N.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Data 71

FreightWaves SONAR

JANUARY 5, 2021

Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time. Operating Ratio.

Cost Reduction 106

Cost Reduction Waste Reduction Expense Reduction Price Reduction 106

FreightWaves SONAR

MARCH 15, 2021

Outlook and predictive planning are a big part of successful supply chain operations. The problem looms large for shippers and managers across the supply chain network, but the answer is out there – better utilization of smart data and automated processes. Poor data analytics cause disruptions. and it can all quickly add up.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Data 72

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. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

FreightWaves SONAR

FEBRUARY 24, 2021

In addition, the pressure to operate efficiently and use capital and manufacturing capacity frugally will remain unrelenting.” And to help carriers achieve that goal, this white paper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Request a SONAR Demo.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 15, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several operational-focused indices to aid asset-lite and asset-based carriers build trucking KPIs that will inform decisions that yield higher profit margins for those who run a trucking business. Operating Ratio (OPRAT).

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

Locus

OCTOBER 17, 2023

Today, teams are armed with data like never before, making the jobs of NFL scouts more efficient. Dispatchers in logistics have much to learn from the modern NFL scouts and how they operate. But what is it about a data-driven approach that gives scouts the edge? Which vehicles had maximum downtime during the operational hours?

Cost Reduction 52

Cost Reduction Supply Chain Planning Software Optimization Software Data 52

FreightWaves SONAR

JANUARY 19, 2021

Operational trucking charges and costs are nothing new. While a scorecard of operations, similar to the lane scorecard used by shippers, can help carriers manage their fleets, it still leaves much to be desired. And having access to freight data on the fly is critical to maximizing asset utilization and load profitability.

Cost Reduction 98

Cost Reduction Supply Chain Planning Software Optimization Software Trucking 98

FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. . Carriers should start by applying data to stay strategic. Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

FreightWaves SONAR

NOVEMBER 24, 2020

Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice. The market is big.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

Turvo

FEBRUARY 24, 2022

Third-party logistics, or 3PLs, help outsource business operations such as supply chain and logistics. Key trends in 3PL operations The key trends in 2022 for 3PL operations strive to automate processes and give better insight into customer and shipper expectations, dominated by technology and supply chain data analytics.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 3PL 87

Freightos

APRIL 2, 2024

More Resources Home April 2, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices fell 6% to $3.31/kg.

Logistics Network Optimization Software 107

Logistics Network Optimization Software Data Freight Demo 107

Freightos

MARCH 19, 2024

More Resources Home March 19, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 32% to $3.93/kg.

Data 105

Data Freight Demo Logistics Network Optimization Software 105

Locus

JULY 20, 2023

The Last Mile Challenge: Hub Operations Easier said than done however, as last-mile hub operations face many limitations: limited capacity and resources for vehicles, personnel, and equipment, which create significant challenges. The limited operational hours of some hubs add to the complexity as well.

Inventory Reduction 40

Inventory Reduction Resource Reduction Cost Reduction Operations 40