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SONAR Indices & Insights: Monitor these SONAR indices to improve trucking revenue and profits

FreightWaves SONAR

We’ll start by first defining what is the Revenue per driver per week (DRVREV) index, followed by defining each of the remaining two indices that allow executives to monitor revenue and impact profits. Let’s teach you what each index measures. . Revenue per driver per week (DRVREV).

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7 ways freight tech reduces operations costs and improves profits for carriers

FreightWaves SONAR

While descriptive analytics can help carriers understand what happened, knowing when to refuse loads or charge a higher cost can be difficult. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more. OPRAT is segmented into dry van, reefer and flatbed carriers.

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A Brief Introduction to Freight Shipping in Canada

Freightera

Be it less than truckload (LTL) or full truckload (FTL), we have the shipping solution for you. Ship all across Canada with our reliable carriers. LTL shipping is the most cost-effective option when shipping smaller amounts of freight. Shipping differs from state to state by just enough to make a difference.

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What value-added warehousing services can a 3PL provide?

Kanban Logistics

With these services, your 3PL partner can perform – within the warehouse – many services that go beyond basic pick, pack and ship. In this article, we’ll identify and define the most common value-added warehousing services that a 3PL provider may perform. The products are then quickly loaded onto another truck for final delivery.

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Full Truckload, Parcel, LTL, Intermodal?Oh My! How to Manage All Over the Road Modes Effectively

GlobalTranz

Surging e-commerce, demand for faster and cheaper shipping, and unrelenting demand for superior customer service are enough to make any shippers has been, but as shipping costs soar throughout 2018, shippers will be looking for ways to manage over the road modes better. Defining “better” is also a difficult task.

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DAT reports holiday drop-off in spot load posts

247 Customs Broker

This was also true for national average load-to-truck ratios, which DAT said is a measure of demand for available truckload capacity, with the ratio for vans and flatbeds down for the week, as well as dips in spot rates for: vans at $2.08/mile, mile, wiping out a 6-cent gain the previous week, flatbed, down 1 cent to $2.42/mile;

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Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Here’s where things stand and what shippers can expect as we move into the fourth quarter of the year and start to look ahead to the transportation environment in 2020: The driver shortage isn’t letting up anytime soon. National average flatbed rates are at $2.21 National van rate averages are at $1.81

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