FreightWaves SONAR

FEBRUARY 11, 2021

Benchmarking standards within trucking fleets are continuously changing. As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.”

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 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. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again.

Data 88

Data Price Reduction Freight Resource Reduction 88

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

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. And a new suite of products, ranging from artificial intelligence through visualization tools to see lane acuity, are changing the game. last year and $2.19 the year prior. last year and $2.19

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

APRIL 12, 2021

One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes.

Availability 98

Availability Data Supply Chain Planning Software Freight 98

FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. One of the significant issues for any truck driver appears in the form of empty miles. Using analytics and data-driven tools , carriers can find more loads and avoid consequential expenditures, such as empty miles. .

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

FreightWaves SONAR

JANUARY 25, 2021

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.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

DECEMBER 22, 2020

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.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

MAY 7, 2024

Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

DECEMBER 21, 2020

Transportation analytics is among the most effective tools in trucking contract negotiations. Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. A common problem in the process of annual trucking contracts derives from limited network contracts.

Negotiating Skills 76

Negotiating Skills Trucking Price Reduction Cost Reduction 76

FreightWaves SONAR

JANUARY 25, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team showcases several mileage-focused indices to aid carriers to build trucking KPIs that will inform decisions to optimize fleet utilization among other freight KPIs. Miles per Truck per Week (MILTR). Miles per Truck per Week (MILTR). Loaded Miles (%) (LOADM).

Optimization Software 98

Optimization Software Optimization Trucking Expense Reduction 98

FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Data 52

FreightWaves SONAR

MARCH 23, 2021

Companies in the over-the-road trucking industry constantly strive to boost efficiency. Companies that can accurately predict market volatility trends, using indices with reefer data analytics , can ensure that they remain prepared in the event of replenishment issues.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Envase Technologies

APRIL 20, 2022

If you’re tired of relying on spreadsheets, screens upon screens of data, and your ‘gut’ to make the important decisions that will take your intermodal and drayage business to the next level, the Envase BI business intelligence solution may be your answer. Request a Demo. See delivery status with no extra work from your driver.

Events 52

Events Tools Blog Webinar 52

FreightWaves SONAR

DECEMBER 29, 2020

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. And it’s in this space where big data analytics can add the most value.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 15, 2021

The ability to accurately predict both trucking and load execution costs or rates is a wonderful tool for all carriers. For that reason, freight carriers need to know how predictive rating capabilities amount to more proactive, data-driven and efficient freight management. It’s time to face facts; disruptions are inevitable.

Freight 98

Freight Logistics Network Optimization Software Resource Reduction White Paper 98

RPA Labs

FEBRUARY 3, 2022

As companies begin incorporating baseline RPA technologies, such as OCR, many are getting stuck by the limitations of some without seeing the advantages of using automation for more data-driven processing. . OCR then turns the image into auto-populated editable text available for email or data entry. What Is OCR-Only Automation?

Supply Chain Software 85

Supply Chain Software Supply Chain Design Software Optimization Software Supply Chain Design 85

FreightWaves SONAR

JANUARY 4, 2021

Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. The best examples of shippers of choice provide services along several trucking routes. Give trucking carriers various shipping modes.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

DECEMBER 10, 2020

Predictive analytics is the process of taking the data gathered from everyday operations and converting it ‘into valuable nuggets of insight.’ Knowing exactly what’s going on and when it’s going on is the most valuable tool in a supply chain operations arsenal. Leverage IoT-enabled sensors to collect more data.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

FreightWaves SONAR

JANUARY 5, 2021

As such, seeing signals and indices that reflect the real trucking market conditions will be critical to avoiding over-extension of your fleet and drivers. Remember that if the shipper can’t trust the trucking business, sales fall. In turn, trucking companies often have the upper hand. Download the White Paper.

Trends 105

Trends Optimal Sourcing Supply Chain Software Supply Chain Planning Software 105

FreightWaves SONAR

FEBRUARY 24, 2021

The freight transportation industry has always been slow to adopt new advances in tools, software and automation. The need to improve fleet asset utilization and to maintain better control over trucking costs is absolute. 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

JULY 14, 2023

High-frequency data It is a widely accepted truth that data plays an important role in revealing the state of the freight market. Until only a few years ago, using data to make informed decisions in the transportation space had meant extrapolating historical insights to predict probable future conditions. port activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Freight Logistics Network Optimization Software 52

FreightWaves SONAR

JANUARY 28, 2021

Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Download the White Paper.

Waste Reduction 105

Waste Reduction Resource Reduction Price Reduction Cost Reduction 105

FreightWaves SONAR

FEBRUARY 5, 2021

The trucking market is volati le. Gaining objectivity in the trucking market. Objective market data available in platforms such as SONAR. Objective data prevents any one party from controlling the narrative. Request a SONAR Demo. How can the logistics industry become healthier overall? Very volatile. Visibility.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

Parade

MARCH 2, 2022

At the end of 2021, Parade released a , new feature that allows brokerages to see all the carriers that have sent them quotes in the past and all the carriers that have sent truck availability through DAT in the source search function. You don’t have to worry about inputting, storing, and sorting carrier preferences or capacity data.

Sorting 78

Sorting Capacity Availability Optimal Sourcing 78

FreightWaves SONAR

FEBRUARY 11, 2021

Making meaningful use of truckload shipping platforms helps fleets secure higher capacity trucks and trailers. Several challenges face the trucking industry today, and cold transportation needs are again at the center of much more than just the food supply chain. Having the right tools and analytics platforms make it all possible.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

AUGUST 11, 2021

Tools that allow shippers to have actionable insights into data that is impacting their networks have become increasingly important during the past couple of years. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

White Paper 52

White Paper Demo Supply Chain Software Networks 52

FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. FreightWaves SONAR is the fastest and most comprehensive freight market data and analytics platform in the world.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

Turvo

SEPTEMBER 16, 2021

The Environmental Protection Agency (EPA) reported that carbon emissions from heavy-duty trucks are the fastest-growing contributor to overall emissions in the U.S. But they lack the real-time collaboration tools needed to address issues and take advantage of opportunities as they arise. Unify data streams.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 70

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. SONAR is near-real-time data. Utilizing the SONAR Lane Signal dashboard for carrier sales.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

FreightWaves SONAR

DECEMBER 29, 2020

In fact, with reverse logistics peak season upon the industry, data to understand reverse logistics procurement in the shipping industry is even more valuable. . Managers spend a great deal of time looking for trucking capacity , including multi-modal options, to handle freight transportation needs. Request a SONAR Demo.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

FreightWaves SONAR

JANUARY 5, 2021

Let’s look at seven ways that freight technology and data achieves that goal. Freight data reduces dwell time and load time. Freight technology advancements, such as carrier-managed scheduling and seeing total market activity for a given area, will reduce waste by ensuring truckers spend less time loading and unloading trucks.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

MARCH 4, 2021

Every shipping mode and method can benefit from access to accurate, real-time freight data. For instance, consider these top uses of data and calculators within existing systems: Trucking metrics can benefit from clear data highlighting key areas of profit and loss within the fleet. Download the White Paper.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. Lane Acuity also provides a measure of lane coverage favorability via the Lane Score, which evaluates multiple data points within the app. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

DECEMBER 15, 2020

A lack of data is the absolute villain in this scenario for brokers and all trading parties. Gather data for the analysis. Additionally, integrations into telematics for real-time data or connecting via IOT-enabled sensors bridge the disparities in various network assets, including equipment and individual pallets.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

Parade

JANUARY 7, 2022

Out-of-network carriers who have contacted you before or posted available trucks in your lane will be marked with a hollow gray circle. Now, this new feature allows the potential capacity those unused quotes and out-of-network posted trucks represent to come to the forefront. Reach out to our team to set up a demo.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78

Parade

JANUARY 7, 2022

Out-of-network carriers who have contacted you before or posted available trucks in your lane will be marked with a hollow gray circle. Now, this new feature allows the potential capacity those unused quotes and out-of-network posted trucks represent to come to the forefront. Reach out to our team to set up a demo.

Waste Reduction 78

Waste Reduction Waste Capacity Sourcing Strategies 78