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10 Warehouse KPIs that impact freight management

FreightWaves SONAR

However, the applications of real-time freight data remain disparate and lack value. Typically, these include meeting EDI and electronic document standards; use routing guides, which even small companies should have; labeling inbound cartons and pallets with product SKUs and purchase order numbers; and purchase order terms and conditions.” .

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Increasing Freight Broker Profit: 3 Best Practices

FreightWaves SONAR

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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What is a routing guide and what are best practices to create one

FreightWaves SONAR

To answer those questions, it is essential to realize that a routing guide is not a singular sheet of paper or limited resource. For that reason, it’s essential to know a few core functions of the routing guide and how they relate to the creation of the document. That may include both short-term and annual freight contracts.

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10 shipper of choice tips to aid in securing capacity and carrier relationships

FreightWaves SONAR

Among the shipper of choice tips, offering reliable delivery windows with accurate and on-time truck arrival, communications, and proper documentation will significantly strengthen that reputation. That’s a loaded question, and it requires a review of all existing shipping services, freight brokerage value-added talking points and more.

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10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

Using real-time data , freight managers can finally begin to recognize their opportunities for better business relationships. A finite group of logistics service providers (LSPs) will inevitably lead to less competition during truckload RFP processes and higher freight spend. Download the White Paper.

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Collaboration Technology for a More Sustainable Supply Chain

Turvo

Turvo brings together shippers, 3PLs, freight brokers, and carriers onto one real-time, interactive network for streamlined operations through collaboration. This includes analyzing volumes, distances, and mode selections, and documenting inefficient modes, routing, and empty miles that flow from poor utilization.

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Seven Steps to Successful TMS Solution Selection

247 Customs Broker

This point is acknowledged in a recent white paper produced by The Journal of Commerce , “The Road Ahead.” The second step in the process is documenting the critical requirements (technical and non-technical) of the business. This is also the time to document the current state versus the future state.