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

FreightWaves SONAR

Operational costs continue to increase for carriers year to year. 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. Operating Ratio. Freight data reduces dwell time and load time.

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Prolonged shutdowns will have both financial and operational implications, which are often very difficult to predict due to the complexity and far-reaching nature of supply chains.

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The Power of Telematics Combined With Route Optimization

WorkWave

Importance of Telematics in Last-Mile Delivery Telematics is a game-changer for last-mile delivery operations for several reasons. The data collected over time allows for trend analysis, enabling continuous route optimization for improved efficiency.

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The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Market activity describes the nationwide and granular trends affecting available capacity, timeliness of transit and on-time, in-full deliveries. Trucks in the market operational or out of service, such as SONAR’s quarterly total trucking failures index (EXIT). Operating ratio and company margins (OPRAT). Request a SONAR Demo.

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Without excellent and clear communication, these trends will not be identified and acted upon until it is too late. The supply chain operates on roughly an 18-month cycle. Think about this.

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May 1, 2024 Update

Freightos

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.

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Premiere for Yale Reliant Lift Truck

Logistics Business Magazine

With Yale Reliant, a package of advanced operator assistance systems, Yale Lift Truck Technologies is putting ergonomics and occupational safety centre stage at LogiMAT in Stuttgart. Examples include if the operator lifts a load above recommended heights or where there is increased pedestrian traffic, obstacles or other hazards.