FreightWaves SONAR

SEPTEMBER 29, 2023

The COVID-19 crisis unveiled major issues within global supply chains and, as we have seen with SONAR freight data, volatility in the market. For those that make the right applications of freight data, the massive problems created by the pandemic could have been more easily mitigated.

Data 52

Data Inventory Reduction Supply Chain Planning Software Vendor Strategies 52

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Consider this example. Without supply chain visibility, a retailer cannot realistically move freight to other markets to take advantage of trucking capacity.

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

FreightWaves SONAR

JULY 14, 2023

In order to make a real difference, however, this motivation to better the industry must be coupled with a deep knowledge of the freight market — including how it works, where it has been and where it is going. High-frequency data It is a widely accepted truth that data plays an important role in revealing the state of the freight market.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Freight Logistics Network Optimization Software 52

FreightWaves SONAR

MARCH 4, 2021

Managers can calculate freight rate charge estimates to see what needs to be passed on to customers and what needs to be made up for elsewhere in the supply chain. Freight calculators can also help with budgeting to ensure suppliers, drivers, employees, and third-party members are all covered. Why are logistics calculators so popular.

Supply Chain Planning Software 130

Supply Chain Planning Software Freight Optimization Software Resource Reduction 130

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 114

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 114

FreightWaves SONAR

FEBRUARY 26, 2021

When leading a freight sales team, it is critical to recognize the importance of a sales representatives’ time management and where their attention is directed in order to get the best return on their efforts. Many freight sales professionals will tell you they landed a customer because they “called them at the right time”.

Freight 64

Freight Demo Outbound Logistics Network Optimization Software 64

FreightWaves SONAR

DECEMBER 10, 2020

Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. Some of the challenges with the supply chain will and already do accurately predict freight’s future. Request a SONAR Demo.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

Freightos

MAY 1, 2024

More Resources Home May 1, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices increased 23% to $4.37/kg.

Data 93

Data Logistics Network Optimization Software Freight Cargo 93

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

Parade

JANUARY 26, 2021

tl/dr - Don’t buy software-especially anything around “freight tech”-if your vendor can’t show you exactly what impact you’ll get and which knobs to tune. but there is one reason that is particularly relevant to freight brokers as they think about how to use technology to create an advantage vs. their peers. Inputs vs. Outputs.

Freight 78

Freight Digital Examples Blog 78

Blue Grace Logistics

JUNE 22, 2021

Freight capacity demand continues to congest delivery schedules, putting global supply chains in a state of strain today. Even as demand continued to consistently increase and stay elevated this year, transportation networks have struggled to keep up with their limited freight capacity. Want a free BlueShip Demo?

Capacity 63

Capacity Freight Supply Chain Software Manufacturing Procurement 63

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Freight forwarders no longer need to sit for hours waiting on back and forth emails. Challenges of Freight Spot Quotes Without Automated Quoting.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

FreightWaves SONAR

DECEMBER 21, 2020

In this edition of “SONAR Indices & Insights,” the SONAR team will explain another index found within SONAR, the freight forecasting platform from FreightWaves. In this article, you learn what the RESL Index is, what it may tell various freight market participants, and what the RESL Index can do for each freight market participant.

Trends 98

Trends Freight Demo Purchasing Skills 98

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

Shipchain

MARCH 13, 2019

For example, initiating a recall is streamlined through blockchain by showing all movements of affected shipments. Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems. For example, an e-commerce warehouse using a blockchain-based system like a smart contract could automate payments processing.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

FreightWaves SONAR

FEBRUARY 2, 2021

That’s where freight indices come into play. Emerging technologies from automation to delivery drones to the Internet of Things have the potential to transform the freight industry, disrupting old business models and changing the nature of freight jobs.” Increase acceptance rate - Lower freight spend. Enter new lanes. -

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

MARCH 22, 2021

In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. LTL shipping rates would historically depend on freight class and the cost per hundredweight .

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

RPA Labs

SEPTEMBER 16, 2021

However, freight chatbots can instantly identify a quote request, even in email, review data sources, and upload the quote for a quick solution. . Freight forwarders no longer need to sit for hours waiting on back and forth emails. Challenges of Freight Spot Quotes Without Automated Quoting.

Supply Chain Software 52

Supply Chain Software Automation Freight Supply Chain Design Software 52

FreightWaves SONAR

NOVEMBER 20, 2020

Tracking the correct KPIs in supply chain processes across warehouses, logistics, transportation and freight management is essential. Leveraging new technologies and freight forecasting platforms make the best decisions possible for freight broker profit gains and net value across all segments.

Supply Chain Design Software 66

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 66

RPA Labs

MAY 19, 2022

That’s the average response rate for a freight forwarder to respond to a quote request as uncovered in this unique approach by automation workflow company, RPA Labs. While we’ve heard this sentiment time and time again, have freight forwarders really changed the way they respond to customers? But don’t take our word for it. Top 50 FFs.

Freight forwarding 52

Freight forwarding Supply Chain Software Freight Supply Chain Design Software 52

FreightWaves SONAR

APRIL 19, 2021

SmartWay, a voluntary program under the EPA, helps measure and offers solutions to reduce the total carbon emissions created by freight transportation. For example, let’s examine a load going from Denver, Colorado to Fort Wayne, Indiana. This is a perfect example of how we can lower carbon emissions and improve carrier capacity.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Material Savings Sourcing Strategies 52

Freightos

NOVEMBER 7, 2023

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. There is progress in digitalizing ocean freight, but its been slow and inconsistent.

eBook 86

eBook Optimal Sourcing Negotiating Skills Digital 86

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

Blue Grace Logistics

JUNE 17, 2021

According to DAT Freight & Analytics, van load-to-truck posts are up 219% over prior year, signaling that there is massive demand for more truck drivers. Due to this, they seek employment that has opportunity for growth within the organization, such as promotions to an office job, for example. Want a free BlueShip Demo?

Supply Chain Planning Software 62

Supply Chain Planning Software Trucking How To Logistics Network Optimization Software 62

FreightWaves SONAR

JANUARY 7, 2021

Take this example reported by Richard Davis in Supply & Demand Chain Executive , “It’s 7:00 p.m., While that’s an example of a particular warehouse, it has a natural implication for carriers. Remember that carriers are those that actually move freight. Consider the following example. Request a SONAR Demo.

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Supply Chain Design Automation 98

The Logistics of Logistics

DECEMBER 9, 2019

It’s a slower workflow because, for example, you might have to hand write things. Many carriers, 3PLs, and digital freight brokers have upgraded to faster, easier payments through technology. We typically get them to see a short demo. The talent pool is excellent and there are lots of tax advantages. [07:45]

Logistics Network Optimization Software 195

Logistics Network Optimization Software Logistics Demo Sorting 195

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. And freight KPIs can serve as a valuable tool for freight market intelligence. Freight intelligence tools help management develop a more unified freight strategy. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

FEBRUARY 8, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team describes how freight market participants can view a leading indicator of incoming ocean shipments before they leave the port of origin. This is possible using the new Ocean TEUs indices found in SONAR, the freight forecasting platform from FreightWaves. .

Outbound 98

Outbound Procurement Analytics Demo Freight 98

FreightWaves SONAR

NOVEMBER 24, 2020

Market dynamics of freight management can turn on a dime. Simultaneously, shippers must realize market volatility and other factors contribute to higher freight spend and uncertainty. Seeing market volatility and conditions at any point will inevitably allow shippers to recognize when freight spend will shift.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

FreightWaves SONAR

JANUARY 4, 2021

That’s a loaded question, and it requires a review of all existing shipping services, freight brokerage value-added talking points and more. The best examples of shippers of choice provide services along several trucking routes. Such a focus allows them to deliver in-demand services for short-term and long-term contracts.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

JUNE 1, 2021

Less headline-grabbing is the blocking and tackling of efficiently managing freight spend in the context of highly global automotive supply chains. Those data sets and use cases include: Freight market data to assist in negotiations with carriers. Request a SONAR Demo. Request a SONAR SCI Demo.

White Paper 52

White Paper Negotiate Pricing Negotiating Skills Data 52

RPA Labs

AUGUST 19, 2021

Everything from freight document management to shipment tracking to payment tracking can benefit from automation and robotic processes. Robotic process automation (RPA) can improve operations with BOLs, delivery alerts, freight document recording, real-time monitoring, drop-off confirmation, and payment verifications. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

RPA Labs

AUGUST 19, 2021

Everything from freight document management to shipment tracking to payment tracking can benefit from automation and robotic processes. Robotic process automation (RPA) can improve operations with BOLs, delivery alerts, freight document recording, real-time monitoring, drop-off confirmation, and payment verifications. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

FreightWaves SONAR

FEBRUARY 17, 2021

Mobile devices have proven optimal for implementing innovative strategies, connecting freight loads with other equipment and assets , and more. But even more importantly, this freight data enables shippers to optimize their company’s operations in various ways by avoiding overspend and more. Request a SONAR Demo.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Negotiating Skills Negotiate Pricing 98

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Evaluating freight flows for private fleet conversion. . Deciding on the timing of freight bids. Inflation in freight costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52