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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

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.

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5 Things to Look for When Vetting Logistics Transportation Services

GlobalTranz

The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Focus on Carrier Procurement and Management. Download the White Paper: Transportation Optimization: Its Strategic Role in Transportation Management.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

True optimization applies data to ensure all decisions and processes are carried out to their fullest potential. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation. Transportation optimization is part of enabling proactive supply chain management.

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Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

GlobalTranz

GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

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5 use cases of supply chain visibility and data for shippers

FreightWaves SONAR

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. This helps to realize fewer tender rejections, increases an understanding for requests for proposal (RFPs) bringing optimal deals, and improves lead time planning to secure capacity procurement.

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

Generally, it follows the same basic process: Take the dimensional weight, for example, with a package that’s estimated to be eight pounds after calculating its dimensional volume and dividing that value by the DIM factor. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds.

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10 shipper of choice tips to aid in securing capacity and carrier relationships

FreightWaves SONAR

And that will win over carriers, keep them coming back and boost procurement efficacy. The best examples of shippers of choice provide services along several trucking routes. Download the White Paper. Respond to issues, deviations and problems with data. Streamline the delivery process. Request a SONAR Demo.

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