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.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. As a result, freight cost changes go unnoticed and surpass budget limitations.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

FreightWaves SONAR

APRIL 11, 2024

Photo by Jim Allen Long-lived, loose freight market environments are extremely challenging for freight brokerages, but if the market tightens sharply, many brokers will experience a nightmare scenario, with all of their contracts falling under water. As the Market Turns The freight market is already showing signs of turning.

Freight 64

Freight Capacity Maintainability Trends 64

Trinity Logistics

SEPTEMBER 22, 2023

In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. SUSTAINABILITY Growing climate issues are making sustainability a common trend in almost all industries. This makes sustainability one of the top trends in the food and beverage industry. As a result, hiring workers in the U.S.

Trends 67

Trends Waste Reduction Industry Supply Chain Planning Software 67

GlobalTranz

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One of the big buzzwords in many industries is “Big Data.” Such is the case in the LTL freight industry as well. . Understanding this (and acting on it!)

Price Reduction 96

Price Reduction Data Freight 3PL 96

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. LTL shipping rates would historically depend on freight class and the cost per hundredweight . Download the White Paper.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Now, That's Logistics

FEBRUARY 15, 2022

As shippers either figuratively or literally flipped the calendar page over to 2022, the hope was that at least some of the capacity crunches, driver shortages, labor issues and freight rate increases that took hold in 2021 would begin to heal themselves and create a more balanced transportation marketplace. Unfortunately, this didn’t happen.

Cost Reduction 78

Cost Reduction Capacity Trends Expense Reduction 78

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

MTS Logistics

AUGUST 21, 2023

The freight forwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. Drawing from industry insights and the pulse of current trends, let’s explore the intricate tapestry of what the remainder of the year and beyond might unfold. Example: Consider the Suez Canal obstruction.

Freight forwarding 75

Freight forwarding Cargo Freight Optimization Software 75

Freightos

MAY 1, 2024

More Resources Home May 1, 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.

Data 93

Data Logistics Network Optimization Software Freight Cargo 93

FreightWaves SONAR

JUNE 10, 2021

FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.

Trends 52

Trends Capacity Outbound Inbound 52

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Evaluating freight flows for private fleet conversion. . Deciding on the timing of freight bids. Inflation in freight costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Now, That's Logistics

DECEMBER 27, 2022

Christoph Hemman, EVP Head of Airfreight Americas Region, DB Schenker said, “These trends directly impact the airfreight industry, which relies on both passenger and cargo planes to get goods from point A to point B. When passenger planes were grounded during the pandemic, for example, air freight capacity shrank accordingly.

Trends 60

Trends Cargo Capacity Inventory 60

Turvo

JANUARY 26, 2021

That’s where supply chain data analytics comes into play. What Are Supply Chain Data Analytics and Why Are Supply Chain Leaders Looking to Them. Advanced data recordings and analytics help many leading companies improve their supply chain management teams’ smooth and effective operations.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

Trinity Logistics

AUGUST 4, 2020

Chemical manufacturers collect and use a lot of data in their supply chain. They deal with data on their products, customers, transportation, storage, operations and more. Acquiring that data is not hard but managing and utilizing that information to be able to analyze your business is the challenge. Managed Services.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 65

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Consider this example. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

Trinity Logistics

OCTOBER 27, 2023

Currently, we are seeing interest rates above seven percent , and the future freight market is not clear. As a Freight Agent, what should you be doing in this uncertain freight market? 1: Have Access to Data and Know It The first part of this tip should be simple. The second part takes a little more work.

Tips 62

Tips Freight Supply Chain Planning Software Buyer Training 62

FreightWaves SONAR

FEBRUARY 8, 2021

Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. And in freight management, a delay of a day or even hours can amount to significant delays and a poor customer experience. In general, this results in a preference for contract freight among shippers and carriers alike. Consider this.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

Supply Chain Planning Software 52

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

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

Supply Chain Planning Software 52

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

FreightWaves SONAR

JUNE 1, 2021

Less headline-grabbing is the blocking and tackling of efficiently managing freight spend in the context of highly global automotive supply chains. Those data sets and use cases include: Freight market data to assist in negotiations with carriers. Plus, it allows shippers to see how their rates compare to the market.

White Paper 52

White Paper Negotiate Pricing Negotiating Skills Data 52

FreightWaves SONAR

FEBRUARY 2, 2021

Note, however, that the ability to apply data depends on the actionability of information. That’s where freight indices come into play. These factors are further seen in top-industry trends. This trend is changing land use patterns and contributing to increased truck traffic and competition for curb space in residential areas.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FLS Transport

SEPTEMBER 22, 2022

The Top Headlines in Freight, Transportation, & Logistics from FLS Transport. The report also covers the August tonnage trends and data as well as reshoring benefits and costs. . TONNAGE TRENDS | Truck tonnage sees another significant increase in August. Get the rest of the data, comparisons, and projections here. .

Freight 52

Freight Supply Chains Scenario Planning Trends 52

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. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

SEPTEMBER 1, 2021

Freight demand tends to climb leading into a storm and then falls off in the markets heavily affected in the days immediately following severe weather (and the length of disruption depends on the damage done). For example, the Outbound Tender Volume Index (OTVI) is a 7-day moving average of shippers’ requests for capacity.

Freight 98

Freight Inbound Demo Events 98

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. kg China – N. Europe – N.

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

FreightWaves SONAR

DECEMBER 17, 2020

In modern freight management, the word of a broker is an unbreakable bond. After nearly two years of use, ARL Logistics is finding new value and opportunities to increase use cases of SONAR insights and data. And the results are proving SONAR’s value as a market trends and planning resource. View the Full Case Study.

Case Study 124

Case Study Logistics Network Optimization Software Study Logistics 124

Turvo

OCTOBER 21, 2021

Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. In recent months, businesses and shippers have been plagued with abnormally high freight rates. Freight prices have climbed over 500% in the last year. . Why have freight rates been on the rise?

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

Talking Logistics

JANUARY 23, 2019

The digitization of freight is one topic that has generated a lot of industry buzz and animated discussion over the past couple of years, but also a lot of confusion and questions. What exactly is freight digitization? Defining the digitization of freight. Is Blockchain part of freight digitization? The value proposition.

Digital 61

Digital Supply Chain Software Freight Logistics Network Optimization Software 61

Morai Logistics

JULY 31, 2019

Globecon Freight pointed out the scale of these changes in an article earlier this year, Supply chain management is undergoing a significant transition that will change the face of shipping and logistics. Moreover, the data that’s entered in a supply chain blockchain needs to be verified by everyone in it. Real-Time Tracking.

Supply Chain Software 60

Supply Chain Software Supply Chains Trends Inventory Reduction 60

Freightos

APRIL 16, 2017

The Logistics Trend Behind The Latest Trend. Are You Up With The Trends? Rapidly emerging trends demand a flexible supply chain that can harness new technology and find new efficiencies. These trends have pushed innovation, and the need for new logistics technology up and down the supply chain. Contributed Article.

Trends 53

Trends Supply Chain Design Software Logistics Network Optimization Software Supply Chain Planning Software 53

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. 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 52

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

Logistics at MPEPS at UPV

APRIL 25, 2022

Therefore, many of the trends in logistics are influenced by these and can be considered guidelines for our following strategies before the end of the year. Therefore, some of the most sought-after profiles will be experts in process automation, Big Data, and AI. trillion in the next six years.

Trends 40

Trends Logistics Network Optimization Software Supply Chain Software Logistics 40

Parade

MAY 8, 2019

In the case of brokerages, it would be impossible for their carrier sales reps to quickly, efficiently and reliably digest and understand all data about 10,000s of carriers. Hunt’s $500M investment to freight platforms startups raising over $490M, to technology-driven brokers such as Uber Freight and Convoy. Not very helpful.

Digital 68

Digital Freight Price Reduction Waste Reduction 68