FreightWaves SONAR

MARCH 10, 2021

In other words, supply chain leaders need to validate and measure the success (read “accuracy”) of data source analytics and how well they stack up to the observed market conditions. A few tips to measure the validity and accuracy of analytics metrics. The impeccable value of accuracy in all predictive analytics insights.

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FreightWaves SONAR

JANUARY 4, 2021

Here are 10 shipper of choice tips to help enterprises secure capacity and improve relationships with carriers, not to mention transportation brokers. Another of the shipper of choice tips is that an enterprise must stand out from its competition. Focus on dock experiences for drivers. Offer personalized services and options.

Tips 111

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FreightWaves SONAR

DECEMBER 16, 2020

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . Using a hook shows that you are not just calling down a list of companies, but have done your research and might have something of value in freight broker sales to share with them. . 3: Freight data.

Tips 59

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Blue Grace Logistics

JANUARY 23, 2024

Safeguarding Shipments with Freight Freeze Protection Search Search BlueGrace Logistics - January 24, 2024 Throughout the winter season, temperature-sensitive freight faces a range of complexities, including the need for freeze protection. Some shipments must maintain temperatures above freezing to safeguard their quality and value.

Freight 101

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FreightWaves SONAR

JANUARY 20, 2021

For freight brokers, building a book of business can be a grind. It’s the reason burnout and turnover for freight brokers are so high. To avoid the stress that eventually causes freight brokers to burn out before reaching their goals it is important to realize what’s important and what isn’t. Keep your eye on your prize.

Tips 52

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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.

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Logistics Viewpoints

JANUARY 16, 2023

Matt Elenjickal, the Founder and Chief Executive Officer of FourKites, has pointed out that “data is the raw fuel of a digital transformation.” But it must be quality data! When enterprise implementations take longer than expected, almost all do, the amount of time needed to clean up the data is often the leading factor.

Data 118

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FreightWaves SONAR

FEBRUARY 3, 2021

For truckload freight brokers, building a broker book of business is a grind. 3 truckload freight broker tips to identify bad customers. This pushes all the financial risk to your freight brokerage business as your customer receives the financial rewards of holding cash as long as possible. . Slow pay or no pay .

Tips 52

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FreightWaves SONAR

FEBRUARY 20, 2024

While this integration was a step forward in rate transparency, it didn’t address the complexities of flatbed freight, an important sector for both Trucker Tools and the industry. The ability to provide transparency to the market through such a great freight matching provider is tremendous.

Tools 52

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FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. 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.

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Ship Monk

FEBRUARY 24, 2024

No matter what type of ecommerce store you’re running, ShipMonk wants to help bolster your success with FIVE of the BEST BUDGET-FRIENDLY TIPS to protect your bottom line and enhance your profits. #1 No more chasing down data. The above five tips are musts for maintaining a budget-friendly ecommerce brand.

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FreightWaves SONAR

MAY 14, 2024

Starting in roughly 2017, the US freight market has had two periods of extended capacity tightness and two extended periods of looseness. Looking at SONAR’s rate benchmark rates and proprietary capacity data can help you understand where to be focused on controlling costs and where to build resilience.

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FreightWaves SONAR

FEBRUARY 2, 2021

Trucking carriers and freight managers have much to keep up with in the shipper and trucking industry. This becomes especially true today during recovery and continued disruptions and deviations in the freight market — two of the industry’s primary goals being a full recovery and adjustment.

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Trinity Logistics

SEPTEMBER 28, 2022

From social media, public opinion, company-specific data, and political forums, there’s an unlimited number of news sources available, so finding trusted information is as important as ever. Tips to Make Sure Your News Source is Trustworthy. As a Trinity Freight Agent, you’ll receive our Daily News Update email every day.

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CLX Logistics

DECEMBER 1, 2022

Here are our expert tips for strengthening your operations in preparation for a potential recession through more intelligent budgeting and reevaluated data-driven operation improvements. Tip 1: Save with Benchmarking. Market volatility determines how long freight rates remain valid and are typically updated yearly.

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FreightWaves SONAR

MARCH 25, 2021

Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. It is something that needs to be practiced more often when it comes to planning and predicting freight rates. Download the White Paper.

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FreightWaves SONAR

NOVEMBER 18, 2020

For all freight management segments, navigating a volatile freight market’s complexities stand out as a leading disruption of 2020. This year has taught freight management experts and leaders that nothing is set in stone. Using data to overcome most obstacles in the freight market and recapture revenue.

White Paper 52

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Parade

FEBRUARY 4, 2019

Starting with Location Data A robust carrier intelligence (Link to Article) system uses a mixture of data sources to procure capacity in an intelligent manner. Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity.

Optimal Sourcing 60

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GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. Consolidate parcel and LTL freight to reduce wasted space and tap additional capacity. Also known as the CVSA roadcheck, it spans three days.

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GoShip Blog

MARCH 7, 2023

This article shares six improvement tips to help you run a successful business. As a small business owner, here are a few tips you can apply to keep your company’s performance on an upward trajectory: 1. You can collect insightful data by staying on top of the prevailing market circumstances in your industry.

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Logistics Business Magazine

AUGUST 8, 2023

The road freight logistics industry is on the brink of a revolution, driven by advancements in artificial intelligence (AI) technology, writes Luis Moreira-Matias, senior AI Director of sennder. Resources: Embracing Automation in a Digital Era Digitalization is the norm across various industries, and road freight logistics is no exception.

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FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. The old ways of recording, processing and responding to analytical data need a streamlined approach.

Logistics Network Optimization Software 105

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FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

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FreightWaves SONAR

DECEMBER 8, 2020

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . Aggregate data from beyond the four walls of your business. Yet all benchmarking begins with access to the right supply chain data. Freight management parties are not created equally. Download the White Paper.

Data 82

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Turvo

JULY 9, 2021

Dealing with overage, short, and damaged freight ( OS&D) within the supply chain network is a vital part of management’s job. Working with accurate and up-to-date data is essential in managing inventory and shipping load efficiency. Collect and Manage Digital Documents. Share U pdates With T rading P artners in Real-Time.

Tips 90

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FreightWaves SONAR

NOVEMBER 18, 2020

For freight brokerages, top-line revenue isn’t as impressive as it sounds. It’s the difference between what a freight broker charges a shipper and pays a carrier that brings in the cash flow to keep the lights on and the brokers earning commission checks. . Use freight market intelligence to boost freight broker profit.

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Freightos

DECEMBER 19, 2023

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.

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FreightWaves SONAR

FEBRUARY 4, 2021

Optimizing truckload freight spend is essential in today’s freight market. As the world of transportation continues to evolve, shippers and logistics service providers (LSPs) are effectively utilizing certain methods along with modern data platforms to meet the demands of today’s supply chains. Download the White Paper.

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GoShip Blog

NOVEMBER 28, 2023

For businesses and individuals navigating the complexities of freight shipping, whether LTL shipping or full truckload , grasping the nuances of dimensional weight is essential to managing expenses effectively. In freight shipping, particularly in LTL and full truckload services, dimensional weight plays a crucial role.

Material Savings 52

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FreightWaves SONAR

DECEMBER 29, 2020

And in recent years, the application of freight analytics has grown more manageable and faster to use. However, the application of such data does not necessarily translate into meaningful improvements within day-to-day operations. Remember, transportation brokers ’ whole business is freight management. Download the White Paper.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

Freightos

JUNE 16, 2016

Freightos CEO, Zvi Schreiber, recently dubbed 2016 as the “ year that the freight industry goes online.” ” Some freight services, like rate quoting, have now reached the tipping point. On Freightos, for instance, forwarders and shippers can create a freight quote in 30 seconds.

Tips 48

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RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Freight forwarders no longer need to sit for hours waiting on back and forth emails. Challenges of Freight Spot Quotes Without Automated Quoting.

Supply Chain Software 52

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Turvo

MAY 4, 2021

According to Trucks.com , “While commercial truck fleets can competently operate hundreds to thousands of vehicles, collecting and interpreting truck data is still a new process for many. Streamline Freight Invoicing And Settlement With A Digital Collaborative Logistics Platform. Get Real-Time Data and Insight Into All Shipments.

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GoShip Blog

SEPTEMBER 19, 2023

Imagine having a shipment that’s more than a few boxes but can’t fill a whole freight truck. Here are some tips you can take to ensure your LTL shipping operations are both efficient and cost-effective: Smart Packaging: The way you package your goods can influence cost. Data analytics has become a cornerstone in shipping.

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FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits.

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Data Price Reduction Cost Reduction Expense Reduction 76

Transporeon

MAY 2, 2017

This post is part of a series on best practices for requesting freight quotes from Ticontract Managing Director Thomas Einsiedler. For additional tips, please click the “Transportation procurement tips” tag in the right sidebar. There are different reasons and objectives for running a freight RFQ.

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Tips Procurement Freight Sourcing 48

FreightWaves SONAR

DECEMBER 17, 2020

Therefore, paying attention to data and building actionable metrics are critical to freight forecasting during COVID-19 and through the next disruption. The freight and transportation industry relies on applying data and information in a practical and timely manner. Connect your operation with near real-time data.

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