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Using SONAR to Understand Local Markets and Seasonality

FreightWaves SONAR

While very few industry players need to worry about all of these markets all the time, taking stock of the national-level information from your own dashboards alongside key market areas (KMAs) can fully empower decision making in an ever-changing market. Take one of the biggest markets in the land: Ontario, California.

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Freight Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

The volatility in the auto industry has wreaked havoc on the Detroit freight market. . There is typically more demand for inbound truckloads into Detroit than outbound truckloads. An indicator of balance (or imbalance) in freight demand, the Detroit Headhaul Index subtracts inbound demand from outbound demand. Source: SONAR).

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. As highlighted by FleetOwner , traffic jams, vehicle problems, major weather events, customs and border issues and construction projects can delay delivery and disrupt normal transportation flow.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

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. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions. This data has been collected over a 4 year period, broken down into shipper industry cohorts.

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Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022

Locus

In fact, it will not be a stretch to say that climate change is currently the biggest threat that global supply chains are facing today and is responsible for shortages and disruptions in several industries. A series of unfortunate events. Both inbound and outbound delivery flows were affected. Schedule Demo.

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Backordered Items & Backordered Meaning

Ship Monk

With the unpredictable nature of the eCommerce industry, complex supply chains, and—frankly—random stuff going wrong sometimes, it’s always a good idea to keep some backup inventory available. Since putaway slows down the fulfillment process, utilize cross-docking with temporary shelving for outbound-priority items to speed shipping along.