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2024 Freight Market Survey Results

Trinity Logistics

After several record setting years, 2023 saw shifts to the freight market. How did the 2023 freight market affect shipper and carrier businesses? Carriers are still concerned about low rates, operating costs, and low freight volumes hurting their businesses. Most look to continue to put most of their freight on the spot market.

Survey 62
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Broker margins, rates data, transparency: Owner-operator views

Overdrive Online

Whether you're a trucker looking for opinions on your side of the brokered-freight transparency debate, or a broker looking to understand your service providers, these survey results shine more light on one of trucking's most important topics.

Data 109
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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62
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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)

Digital 105
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Freight market data size matters: 5 key hallmarks of data sets that improve transportation procurement

FreightWaves SONAR

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.

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Leverage freight data for confident demand planning

FreightWaves SONAR

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

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Freight data can assist CPG companies in mitigating risks of freight cost inflation

FreightWaves SONAR

In addition, freight spend is not able to be effectively hedged like commodities that are able to be hedged in the short-term. However, leveraging freight market data can mitigate freight spend and lead to a more efficient supply chain. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER. Request a SONAR Demo.