FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Shippers may not track this data independently.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 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. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 116

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 116

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 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 prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

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

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. In turn, carrier freight pricing guidance must be attuned to the fluctuations within individual needs, and that’s despite the use of end-to-end trucking analytics. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

FEBRUARY 10, 2021

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.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

Locus

JUNE 16, 2023

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: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles? These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

WorkWave

FEBRUARY 16, 2024

As a pest control business owner, you’ll also get tips on managing costs effectively while maintaining service standards, plus smart pricing strategies to keep your bottom line healthy. Calculating it accurately can help you make informed decisions about pricing, cost-cutting measures and growth strategies.

Expense Reduction 52

Expense Reduction Price Reduction Cost Reduction Vendor Strategies 52

Freightos

JANUARY 15, 2024

It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The decrease in logistics costs led 35% of importers to lower their product prices, possibly contributing to the easing of inflation rates. and bakes really good cookies.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 117

FreightWaves SONAR

JANUARY 5, 2021

And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. That will go a long way in reducing operating ratios and increasing fleet utilization.

Data 88

Data Price Reduction Freight Resource Reduction 88

Freightos

FEBRUARY 28, 2024

With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. Despite the higher initial sea freight cost to the United States, this combination can ultimately deliver overall savings of 34 cents per kilogram when compared to Dubai…and a two day reduction in transit time.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

CH Robinson Logistics

MARCH 12, 2020

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. Exponential Growth of Data: We’re seeing an explosion in the amount of data available across the supply chain. Request a demo here or email info@mytmc.com.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Vendor Strategies Inventory Reduction 62

FreightWaves SONAR

APRIL 5, 2021

Tracking market trends within truckload rates relies heavily on data and analysis. This kind of real-time data analysis and application is essential for shippers to stay strategic and tactical as they forecast out contract and spot truckload rates. Data-driven insights provide a rubric for guiding RFP processes.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. By minimizing fuel consumption, reducing vehicle wear and tear, and optimizing driver schedules, businesses can cut down on operational costs associated with logistics.

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

FreightWaves SONAR

JANUARY 5, 2021

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. Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

MAY 18, 2021

Packaged food companies are raising prices to offset (at least a portion of) the rising costs. The counterpoint is that the economy is growing quickly and, since prices are rising everywhere, price increases to consumers are more likely to stick. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 90

White Paper Data Cost Reduction Price Reduction 90

FreightWaves SONAR

MARCH 2, 2021

Some of the most common issues that arise from a lack of accurate transportation cost analysis and data tracking include the following: Inability to track data and respond to it in real-time. . Limited data sharing within the chain. Lack of visibility and insight into common observable costs. . Consider this fact.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

Locus

MAY 2, 2023

Reducing 66% delivery costs with Locus According to Manuela Velez Araque, Lead Product Manager, Jüsto, efficient routing was one of the top three priorities for the company for timely and efficient fulfillment, given the size of cities like Mexico City and their complex traffic movements.

Cost Reduction 52

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 52

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 2023 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. America weekly prices were level at $5.85/kg.

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

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. Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. Download the White Paper.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

JANUARY 7, 2021

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. Autonomous processes are only as valuable as the data that powers algorithms and decision-making.

Supply Chain Software 98

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

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. That’s where data analytics comes in.”

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits. Request a SONAR Demo.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies: Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

FreightWaves SONAR

NOVEMBER 9, 2020

This week, learn how freight market participants, especially trucking carriers , rely on both the Ultra-Low Sulfur Diesel Rack (ULSDR) data index and the FUELS index to measure diesel fuel price volatility and to understand its impact on their operations and the freight market at large. What are the ULSDR data and FUELS indices?

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

FEBRUARY 22, 2021

Smart and practical trucking data is critical for the modern supply chain network. They tend to follow similar lines and influence services and prices throughout transportation networks. Truckload services and freight load price options stay related to how well supply chains manage available assets.

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

Log-hub

NOVEMBER 22, 2023

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. Efficient replenishment strategies : Implementing distinct replenishment and restocking strategies for various categories to avoid stockouts and overstock scenarios.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

Freightos

JANUARY 10, 2024

More Resources Home January 10, 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. America weekly prices fell 8% to $5.36/kg.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 90

Locus

JULY 24, 2023

the cut-throat era of next-day deliveries, FTL offers the fastest transit times:a seamless journey from A to B with no detours or delays. It allows for fewer handling instances, reducing the risk of damages. Typically supply chain managers at shipping companies would resort to cost cutting strategies and use of legacy solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Optimization Modeling Resource Reduction 52

FreightWaves SONAR

JANUARY 11, 2021

And the transportation and shipping industry has a choice to make – to take advantage of trucking data or to ignore it, continuing as before. . Access to data and proper analysis are both essential to maximize profits and reduce costs. Real-time trucking data helps to secure more capacity and better shipping rates.

Data 59

Data Capacity Optimal Sourcing Trucking 59

FreightWaves SONAR

DECEMBER 14, 2020

This week, learn how freight market participants are able to measure if freight pricing control lays in the hands of freight shippers or freight carriers. What is the DHL Supply Chain Pricing Power Index? The chart above has an 80 reading which indicates that the control of freight pricing lies in the carriers’ hands.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Price Reduction Freight 52

FreightWaves SONAR

FEBRUARY 24, 2021

As explained by the Harvard Business Review , “consumers will continue to want low prices (especially in a recession), and firms won’t be able to charge more just because they manufacture in higher-cost home markets. Prioritizing moves based on inbound and outbound data trends. Tracking and applying equipment data insights.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

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 4, 2021

There’s a broad range of options to reduce rates and increase carrier revenue. 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.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

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