FreightWaves SONAR

MAY 7, 2024

This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis. These platforms automate and digitize procurement workflows, simplifying data management and enhancing decision-making capabilities.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

JULY 10, 2023

The best way for people to gain the level of insight they crave is through high-frequency data, particularly insights into spot rate trends. Logistics industry conditions are inextricably linked to supply and demand trends in the overall economy, and spot rates are typically the first place those impacts become visible.

Trends 52

Trends Scenario Planning Demo Course 52

FreightWaves SONAR

JANUARY 7, 2021

Through data-driven transportation management , carriers can finally become more strategic and tactical, thriving through the good and bad times. And autonomous trucking logistics offers more value via management by exception and making profit-driving decisions for all incoming tenders. Consider the following example. That’s essential.

Supply Chain Software 52

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

FreightWaves SONAR

DECEMBER 21, 2020

This week, learn how freight market participants are predicting shifts in the freight market that may occur with changes in retail sales trends using the SONAR index, Retail Sales with the ticker name of RESL. The RESL index is a monthly measurement of retail sales trends provided by the U.S.

Trends 98

Trends Freight Demo Purchasing Skills 98

FreightWaves SONAR

MARCH 9, 2021

These short-haul trucks deliver FTL or LTL freight loads between one form of transport and another.” 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. Connect with FreightWaves to request a SONAR demo or by clicking the button below to learn more.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Data Optimal Sourcing 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

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. The issue with recruiting and retaining truckers is that it is difficult to do so without understanding actual market trends and volatility. . Added benefits of freight tech to recruit truck drivers.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

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. OPRAT is segmented into dry van, reefer and flatbed carriers.

Trucking 98

Trucking Expense Reduction Operations Purchasing Skills 98

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

AUGUST 13, 2021

Shippers hoping for trucking rate relief in 2022 are going to be severely disappointed. The trucking freight market is one of the most volatile markets on the planet, especially since 2014. Before we talk about 2022, let’s give a quick primer on how supply and demand work in trucking. What is causing these massive swings?

Manufacturing Procurement 98

Manufacturing Procurement Trucking Purchasing Skills Ordering 98

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . This factor plays into net revenue per truck per week as well.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Freightos

MARCH 27, 2024

More Resources Home March 27, 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 – N.

Logistics Network Optimization Software 109

Logistics Network Optimization Software Data Freight Handling 109

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

MARCH 23, 2021

Companies in the over-the-road trucking industry constantly strive to boost efficiency. Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Download the White Paper.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

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 – N.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Data Freight Demo 105

FreightWaves SONAR

JULY 24, 2023

Measuring performance with transportation KPIs and freight data is getting easier. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. Transportation management depends on historical and real-time data. Think about this. Disruptions are inevitable.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. Request a SONAR Demo. Request a SONAR SCI Demo. Source: SONAR).

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

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. . Poor net revenue per truck ( NETREV ) in the fleet. . Limited data sharing within the chain. Consider this fact.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

FreightWaves SONAR

JANUARY 12, 2021

As demand for e-commerce accelerated, notes John Koetsier of Forbes , trucking carriers gained extreme favor in pricing power. Unfortunately, that favor, while general, doesn’t always apply to every one of the 135 trucking markets in the U.S. Freight management parties still struggle with limited, outdated data. Think about it.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

FreightWaves SONAR

FEBRUARY 8, 2021

But again, there are factors that disrupt this otherwise standard trucking RFP process. The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. trucking market. Consider this.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

FreightWaves SONAR

APRIL 9, 2021

However, as regulations begin to get lifted and things are trending back to normalcy, the industry is starting to regain that lost ground. To start, it’s evident that the use of a refrigerated freight truck is required when transporting perishables or goods that need to maintain a specific temperature. This runs the risk of spoilage.

Refrigeration 93

Refrigeration Freight Optimal Sourcing Negotiating Skills 93

FreightWaves SONAR

DECEMBER 1, 2020

Supply and Demand Chain Executive reports, “In this state of flux, some have questioned the future of traditional professions in transportation, such as freight brokers and even truck drivers. By identifying trends within the market, such as origin-destination pairings, brokers can better prioritize load quoting and execution.

Negotiating Skills 87

Negotiating Skills White Paper Demo Trends 87

FreightWaves SONAR

FEBRUARY 5, 2021

The benefit to the hedge funds is that they can pick up on trends and ensure that their money is ahead of any of those trends. The trucking market is volati le. Gaining objectivity in the trucking market. Objective market data available in platforms such as SONAR. Request a SONAR Demo. Very volatile.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

FreightWaves SONAR

JUNE 28, 2021

But, market forces have put the brakes on the continuous improvement in the market (from the perspective of the carriers) and the latest housing-related data points are off their recent highs, as are most flatbed-related data points. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Demo Data Maritime 52

Locus

MAY 4, 2022

Despite all these strong digitalization trends, there is one intense, on-ground task that we have not covered: delivering consumer packaged goods (CPG) from manufacturing plants to the hundreds, if not thousands of retail stores and outlets. Often, you have an extensive network of distribution centers and a large fleet of trucks.

Logistics Network Optimization Software 52

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

FreightWaves SONAR

MARCH 3, 2021

FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The winter weather events of early 2021 have aided in keeping spot rates elevated through what is normally a slow season for trucking. Trucking rates have been on a roller coaster since 2016.

Inventory Reduction 52

Inventory Reduction Cost Reduction Price Reduction Trends 52

FreightWaves SONAR

FEBRUARY 24, 2021

The need to improve fleet asset utilization and to maintain better control over trucking costs is absolute. 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. Tracking and applying equipment data insights.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

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

APRIL 14, 2021

posted a similar gain in March over February, sharply reversing a declining trend. The trend reversal in January and February has warranted a second look a few months later. Macroeconomic figures rarely lead or help describe trucking volume trends so cleanly as the relationship displayed here. Request a SONAR Demo.

Manufacturing Procurement 52

Manufacturing Procurement Capacity Procurement Analytics Trucking 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

NOVEMBER 10, 2020

The problems that trucking companies face when providing manual truckload freight quotes include long response times, hold and wait times, slow email, voice mail delivery, and human error. It is important to remember the most common issues and delays that trucking operations face will happen across the entire fleet.

Supply Chain Software 104

Supply Chain Software Automation Supply Chain Planning Software Freight 104

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

FEBRUARY 11, 2021

Making meaningful use of truckload shipping platforms helps fleets secure higher capacity trucks and trailers. Cold chain capabilities are now a must-have to stay future-ready With vaccines for COVID at the forefront of transportation news, the focus has swung from fundamental truckload shipping trends to cold chain shipping.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

FreightWaves SONAR

FEBRUARY 22, 2021

Smart and practical trucking data is critical for the modern supply chain network. The top four types of trucking carriers include: Strategic Partners – These carrier providers make up most shippers’ primary focus and handle the bulk of day-to-day loads. Fuel costs money to move the fleet; trucks need to stay full on the road.

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction Cost Reduction 75

FreightWaves SONAR

JANUARY 26, 2021

Yes, there is the balancing of palletized shipments into full truckload shipments to ensure a truck is loaded properly. Freight load balancing means capturing the data needed to make proactive decisions regarding where to send trucks, which moves have the strongest profitability opportunities, and when to reject a tender based on that data.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78