Remove Demo Remove Examples Remove Outbound Remove Strategy
article thumbnail

The four factors that impact freight trucking revenue and profitability

FreightWaves SONAR

Leading metrics for tracking overall and market-specific activity include: Inbound and outbound load daily change rates, like the Outbound Tender Volume Index (OTVI) in FreightWaves SONAR. Freight market share over the last week, such as SONAR’s Outbound Tender Market Share (OTMS). Request a SONAR Demo.

article thumbnail

SONAR Indices & Insights: See changes in capacity and a sense of shipping rates with the Weighted rejection index (WRI)

FreightWaves SONAR

The WRI combines outbound tender market share (OTMS) and the weekly change in tender rejection rates (OTRIW). For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. Sign up for a demo here or by clicking the button below. . Request a SONAR Demo.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Supply Chain Intelligence: The Value of AI and Machine Learning to Predict Freight Rates

FreightWaves SONAR

Consider this example. However, AI can provide a pathway toward more proactive, responsive management strategies. Consider this example. . Find out more about the possible insights that could help your business by requesting a SONAR demo online today. Request a SONAR Demo. Now, what’s a meaningful insight?

article thumbnail

Making your carrier sales team as powerful as your customer sales team

FreightWaves SONAR

Lane Signal considers the following indices: Outbound Tender Volume Index Outbound Tender Rejection Index Headhaul Index for both origin and destination Inbound Tender Volume Index Inbound Tender Rejection Index. Here are three examples for how to use this product in real-time. Use the destination market as leverage.

article thumbnail

What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. That includes compliance with the inbound freight routing guide and outbound activities. Leading by example, supply chain managers can make more proactive decisions.

article thumbnail

Which is better for fleet assets? Contract or spot freight?

FreightWaves SONAR

Figuring out the best strategy for managing fleet assets can be difficult at best. And a failure to ensure trucking capacity availability within one market will have a resounding effect on allocation strategies of a trucking fleet’s assets. Request a FreightWaves SONAR demo by clicking the button below. Request a SONAR Demo.

article thumbnail

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. Carriers will be able to see inbound and outbound stability on specific lanes.