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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

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[WHITE PAPER] SONAR Customers Outperform

FreightWaves SONAR

The average stock price of SONAR customers over the past five years has appreciated by 114%, while non-SONAR companies’ stock has increased by 96%. Over the past year, the average SONAR customer stock price increased by 56% compared to a 35% increase for non-SONAR companies. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

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[WHITE PAPER] Leveraging freight market data to lower automotive manufacturers freight spend

FreightWaves SONAR

Automotive shippers are facing numerous challenges stemming from a global semiconductor shortage, inflationary pressure on numerous inputs, as well as rising freight costs that seem to be affecting every shipper across all modes. FILL OUT THE FORM BELOW TO ACCESS THE FREE WHITE PAPER. Request a SONAR Demo.

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10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

Transportation analytics is among the most effective tools in trucking contract negotiations. Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. Limited network contacts result in higher costs. Download the White Paper.

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[WHITE PAPER] SONAR SCI: Holding carriers accountable means knowing the freight market

FreightWaves SONAR

There is a scene in Curb Your Enthusiasm where Larry David, who had never before purchased illegal drugs, asks a dealer, “Is that a fair price you’re quoting me?” Without adequate data and information on the freight market, shippers can find themselves in the same disadvantageous position as Mr. David. Request a SONAR Demo.

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[WHITE PAPER] Mo’ inflation, mo’ problems for CPG companies

FreightWaves SONAR

While most CPG companies are raising prices, it appears that price increases will not fully offset the rising costs in many or most cases. There is elasticity in their prices because consumers typically have lower-priced private label alternatives. For many CPG companies, margin pressure appears likely.

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[WHITE PAPER] SONAR SCI: use for daily load planning

FreightWaves SONAR

2) Showing the lanes where shippers have the most negotiating leverage. (3) While data that shows shippers where their rates are relative to the market is most obviously useful in negotiations, it is just as important in managing day-to-day operations. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.