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How to create a carrier scorecard that includes predictive modeling around freight market volatility

FreightWaves SONAR

And despite freight market volatility, the freight market continues expanding. According to Globe News Wire , “The Freight and Logistics Market are estimated to grow at a CAGR of approximately 5% during the forecast period.” Connect your scorecard resources to freight forecasting platform tools, such as SONAR Lane Scorecard.

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How to price freight loads: carriers that use data price more accurately

FreightWaves SONAR

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Within the freight load management area of the network, data is essential.

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Enterprise Freight Management: 7 Last-Minute Thoughts to Boost Efficiency

FreightWaves SONAR

However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. Avoid destinations with a lower likelihood of an empty backhaul One significant aspect of freight management to consider is the risk of empty backhauls. Download the White Paper.

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Managing the manufacturing supply chain and freight markets of today requires skills, tools, applications and services that have never been utilized in the past. With mini-bids, carriers have an opportunity to focus more time and resources on specific lanes, improving the balance of their freight networks. Request a SONAR Demo.

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What Is Supply Chain Predictive Analytics & Why Should Freight Pros Care

FreightWaves SONAR

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. Knowing exactly what’s going on and when it’s going on is the most valuable tool in a supply chain operations arsenal. The value of supply chain predictive analytics.

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How to Use Data to Improve On-Time Shipping Performance

FreightWaves SONAR

Therefore, enterprises need to know how to apply transportation data to increase on-time shipping performance. . And it will extend beyond the four walls of your business to freight brokers and more. As such, it may be necessary to conduct additional training for new freight brokerage software or other resources.

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How To Attract and Retain Truck Drivers in a Hot Freight Market

Blue Grace Logistics

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. How To Retain Truck Drivers: It’s time that employers go above and beyond and help with other defining retention factors. Want a free BlueShip Demo? Better Pay.