FreightWaves SONAR

JULY 17, 2023

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Data 52

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.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. There is typically more demand for inbound truckloads into Detroit than outbound truckloads.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

FreightWaves SONAR

NOVEMBER 17, 2020

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . It’s not solely about knowing basic rates – it’s about using freight data to make the best decisions for all loads – playing both the buy-side and sell-side aspects of freight brokering.

Data 52

Data Sourcing Strategies Transportation Freight 52

GlobalTranz

MAY 8, 2017

This example generates a huge amount of data that can leverage in the supply chain. But, the same data can have a drastic impact on transportations planners and agencies around the globe. Today’s Status: Today, this technology is limited to automated identification and data capture (AIDC) applications. Additive Manufacturing –.

Supply Chain Software 75

Supply Chain Software Supply Chains Automation Trends 75

FreightWaves SONAR

MARCH 12, 2024

But in aggregate, patterns become evident within the data. But seasonal trends continue after Thanksgiving, with orders cut for springtime seasonal shipments before much of Southeast Asia shuts down for at least a week for Lunar New Year in late January/early February.

Trends 64

Trends Inventory Reduction Cost Reduction Ordering 64

FreightWaves SONAR

NOVEMBER 16, 2020

This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity. What are the available refrigerated shipping indices in SONAR? The index is expressed as a percentage of loads rejected to total loads tendered.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

Transporeon

FEBRUARY 12, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Optimal Sourcing 48

FreightWaves SONAR

APRIL 29, 2021

Using SONAR data in contract negotiations with carriers and 3PLs. . The retailers that performed the best over the past year were generally the ones that sold essential goods, such as food, or benefited from the trends of the hour, such as home repair. Identify surface transportation trends being driven by U.S.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

Logistics Viewpoints

APRIL 10, 2024

For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems. The port closure disrupts the inbound and outbound flows of vehicles and parts, affecting the operations and sales of automakers, dealers, and suppliers.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 150

FreightWaves SONAR

AUGUST 16, 2021

This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. That has put intermodal further out of reach for spot shippers in the lanes outbound from L.A.

White Paper 98

White Paper Demo Maritime Outbound 98

Transporeon

FEBRUARY 11, 2019

And just in time: We’ve seen some interesting bidding trends over the last year or so, especially in the domestic trucking industry, where: 2017-2018’s lack of trucking capacity—a large part of shippers’ bidding activity—meant shippers went to bid not only earlier, but in much greater volume than previous years (a 15% YOY increase in 2018).

Optimization Software 48

Optimization Software Modeling Software Logistics Network Optimization Software Purchasing Skills 48

FreightWaves SONAR

OCTOBER 11, 2021

This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Spot rates continue to rise as freight flows to the spot market – particularly on the West Coast. These declines are concentrated in the outbound L.A.

White Paper 98

White Paper Freight Demo Maritime 98

FreightWaves SONAR

JANUARY 12, 2021

However, peer, market and historical freight invoice data can help, and it’s essential to know why. Freight management parties still struggle with limited, outdated data. Freight management parties may not know where to turn for meaningful, actionable freight data. At the same time, data is not created equally.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

GlobalTranz

JANUARY 17, 2018

However, manufacturers must also look beyond systems and software, uncovering how better processes and strategy can enhance operation through these additional trends. Manufacturers Looks to Reduce the Skills Gap, a Consistent Issue When Talking Trends in American Manufacturing. The Dominance of E-Commerce Continues.

Manufacturing Procurement 58

Manufacturing Procurement Cost Reduction Resource Reduction Trends 58

Shipping and Freight Resource

NOVEMBER 23, 2021

The data indicates that export volumes are going down month on month and import volumes are increasing, making it detrimental to the US economy and concerns have been raised by several quarters in the media. As per data from Shifl.com, the import rates did come down slightly at the end of October but seems to be rising slightly again. “

Outbound 85

Outbound Logistics Network Optimization Software Sourcing Supply Chain Software 85

FreightWaves SONAR

MARCH 15, 2021

Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. In the screenshot above, you can see that the outbound and inbound stability show scores of 29 out of 100 and 21 out of 100, respectively. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

GlobalTranz

JULY 14, 2017

The answer is simple; shippers must track the right data. Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. Thus, shippers can identify trends toward lower-rate carriers over time.

Data 60

Data Vendor Strategies Negotiating Skills Resource Reduction 60

CLX Logistics

APRIL 26, 2019

For companies willing to embrace opportunities for improvement across the entire supply chain, here’s a look at the top transportation procurement and benchmarking trends. The good news is, shippers have more access to data than ever before, which brings us to trend number two. Hiring data scientists?

Optimal Sourcing 51

Optimal Sourcing Negotiating Skills Procurement Cost Reduction 51

FreightWaves SONAR

FEBRUARY 24, 2021

And to help carriers achieve that goal, this white paper will explore a few best practices to reduce operating costs, including: The importance of meaningful data capture. Prioritizing moves based on inbound and outbound data trends. Tracking and applying equipment data insights. Visualization capabilities.

White Paper 52

White Paper Cost Reduction Price Reduction Supply Chain Software 52

FreightWaves SONAR

NOVEMBER 19, 2020

According to Derrick Steiner of Digitalist Magazine , “Today’s leading companies are working very hard to be intelligent enterprises, capable of harnessing the power of end-to-end experience and operational data, to connecting their demand chain with their customers, who are social, mobile and shop in many channels, to their supply chain.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

FreightWaves SONAR

SEPTEMBER 29, 2023

freight market has grown in volume since the July 4th holiday, which is counter to historic trends. The FreightWaves’ SONAR data shows the Outbound Tender Volume Index (OTVI) remains up 25% year-over-year, hardly falling from its pre-July Fourth peak. How should a shipper read this data as a user or prospective user of SONAR?

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

3PL Insights

DECEMBER 14, 2022

Data-driven Business Intelligence. Most businesses working with a 3PL benefit from data insights on inbound/outbound account activity, handling metrics, order accuracy, days to ship, or the number of orders shipped per day. What metrics are important to customers? Employee Training.

3PL 52

3PL Optimization Software Logistics Network Optimization Software Inventory 52

Morai Logistics

APRIL 29, 2020

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.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 88

FreightWaves SONAR

SEPTEMBER 16, 2021

The Outbound Ocean TEU Index (OOTI) from Vietnam to the U.S. Outbound Air Cargo Tons out of Ho Chi Minh City are expected to grow leading into the holiday season as shippers rely heavily on air cargo. The SONAR data platform offers the fastest and deepest set of freight market data on the planet. Request a SONAR Demo.

Freight 98

Freight Supply Chain Planning Software Outbound Manufacturing Procurement 98

FreightWaves SONAR

APRIL 8, 2021

Rate data is available for Van (TSTOPVRPM), Reefer (TSTOPRRPM) and Flatbed (TSTOPFRPM) modes. . While SONAR has other indices for rate data, Truckstop.com data is important as many small to medium (and some large) brokerages rely on the site to source carriers. You can view data in weekly, bi-weekly, monthly and annual changes.

Negotiating Skills 95

Negotiating Skills Freight Price Reduction Outbound 95

FreightWaves SONAR

MARCH 5, 2021

Should] you just figure out if it should be 5% or 6% [without data]?” Unlike other tools in the market, the Lane Signal considers an abundance of data from multiple sources, not just dirty data that flows through one system like other industry tools. SONAR is near-real-time data.

Negotiating Skills 98

Negotiating Skills Modeling Software Sourcing Strategies Logistics Network Optimization Software 98

Logistics Business Magazine

JANUARY 19, 2022

There is no escaping the fact that despite the demand increasing for warehouse space, the ability to outrun the demand is not keeping pace with changing consumer trends. In an environment of space restrictions and short-term storage, the control of information and real-time data is essential to fully utilise the space and keep stock moving.

Waste Reduction 54

Waste Reduction Resource Reduction Inventory Reduction Cost Reduction 54

Camelot 3PL Software

DECEMBER 6, 2023

It provides visibility into current stock levels, location of items, and the status of inbound and outbound shipments. This real-time data can help prevent stockouts and overstock situations, improving customer satisfaction and reducing carrying costs. This can be achieved more easily through technologies like barcoding.

3PL 52

3PL Optimization Software Inventory Reduction Logistics Network Optimization Software 52

FreightWaves SONAR

JULY 10, 2023

The loss of predictability The domestic freight market was relatively stable after the Great Recession, which trended right in line with economic growth. The national Outbound Tender Volume Index (OTVI), which measures shipper requests for truckload capacity, was nearly 30% lower than the previous year. Sign up for a SONAR demo.

Freight 52

Freight Capacity Outbound Supply Chains 52

Turvo

JANUARY 13, 2022

Logistics managers rely on clear insight, accurate data, and order visibility to maintain smooth operations day in and day out. Proper planning and execution within the supply chain depend on access to accurate data regarding inventory availability and movement. Easy sharing of data and analytics helps keep everyone on the same page.

Supply Chain Planning Software 86

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chains 86

FreightWaves SONAR

DECEMBER 15, 2020

A lack of data is the absolute villain in this scenario for brokers and all trading parties. Gather data for the analysis. Additionally, integrations into telematics for real-time data or connecting via IOT-enabled sensors bridge the disparities in various network assets, including equipment and individual pallets.

Analysis 59

Analysis Procurement Analytics Optimization Software Optimal Sourcing 59

FreightWaves SONAR

APRIL 14, 2021

Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG Chart of the Week: Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR : OTVI.USA, PCE.DG

Manufacturing Procurement 52

Manufacturing Procurement Capacity Procurement Analytics Trucking 52

FreightWaves SONAR

FEBRUARY 8, 2021

The data analyzed within today’s freight market goes back to the beginning of digital transformation. Contract versus spot data factors influence the profitability of all fleet assets. Both contract and spot market data factors influence the profitability of all fleet assets. Download the White Paper. trucking market.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

Logistics Viewpoints

MAY 24, 2021

is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. Across their inbound and outbound supply chains the goods are transported by air, ocean, rail, truckload, less-than-truckload, parcel, and even couriers.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 83

FreightWaves SONAR

MARCH 18, 2021

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. So, it’s equally valuable to know the constraints and to apply data to overcome them with mini-bids. It’s a very complex and endless process that can all come to a standstill when disruption strikes.

Manufacturing Procurement 91

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 91