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Why data source matters to accurately and objectively assess the over the road trucking market

FreightWaves SONAR

The digital age has presented a wealth of opportunities for the over the road trucking market. COVID-19 has also accelerated technological adoption by an order of magnitude. The abundant data sources can make the process of assessing the market more difficult than necessary. The challenge with lagging data in logistics.

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Kimberly-Clark’s Digital Transformation of Shipping

Logistics Viewpoints

Weisenberger’s presentation particularly interesting was that while Ms. With the visibility solution, the company is able to develop a plan for warehouse labor that insures when a load comes in, that workers are ready to unload the truck, or when an outbound truck is scheduled at a dock, the pallets are staged and ready to be loaded.

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Demand Sensing: 5 Ways it Helps Supply Chains Deal with Uncertainty

Morai Logistics

It’s a software that uses close to real-time data to give companies a picture of upcoming demand. An article of demand sensing by Supply Chain Brain explains, Demand sensing, as the name implies, is essentially the art and science of picking up on short-term trends immediately, in order to better predict what consumers will want.

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What is Internal Logistics: Importance, Elements and Examples

3PL Links

Read also: Outbound Logistics: What Is It and What Is Its Importance? However, in most cases, we can talk about at least 5 types of internal logistics elements that will always be present in any example: Technical data: it is the information that must be processed in order to know and manage the internal logistics process.

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How quickly the market turns

FreightWaves SONAR

This backdrop presented a bright outlook for carriers during the first two months of 2022. FreightWaves SONAR, Outbound tender volume levels downward decline accelerates. This indicates that the spot market that once presented fruitful opportunities for carriers is starting to dry up. Then the calendar turned to March.

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Predicting the next turn in the freight cycle

FreightWaves SONAR

It depends on looking at the right data, understanding where it comes from in the freight cycle (and, if applicable, in the payment cycle), and distinguishing between leading and lagging indicators. FreightWaves’ Outbound Tender Reject Index, which measures the percentage of truckload tenders rejected by carriers, had hit 8.4%

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What Companies Really Need in Track and Trace

Logistics Problem Solving

Today, more than 20 years later, there are many companies receiving this data from the carriers and presenting it to the user on their web screens. Track & trace data allows for the shipping process to move smoothly and expectedly, and provides opportunities for remedies when things don’t go smoothly.