FreightWaves SONAR

MARCH 23, 2021

Companies in the over-the-road trucking industry constantly strive to boost efficiency. However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. Empty backhauls result from poor decision-making with regards to the areas that the freights travel.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Freightos

FEBRUARY 28, 2024

The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience. This shift underscores a broader narrative: the imperative for digital fluency in our industry. He’s proven go-to-market and growth leadership across industries.

Negotiating Skills 62

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

FreightWaves SONAR

APRIL 6, 2021

On the episode you’ll hear: How does Ed define the industry question: “what is digital freight matching?”. Is newtrul a digital freight matching platform? Load boards have been around for years, what’s the difference between what newtrul is, or any other digital freight matching platform, and a load board?

Digital 91

Digital Freight Demo Automation 91

FreightWaves SONAR

MARCH 30, 2021

Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. The guides outline the goals and the specific needs of individual carriers, load types, destinations and industry niches. Request a SONAR Demo. Request a SONAR SCI Demo.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

FEBRUARY 18, 2021

Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. Driver retention is a growing issue as the industry expands.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

FreightWaves SONAR

DECEMBER 22, 2020

With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

The Logistics of Logistics

JUNE 23, 2022

10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.

Supply Chain Planning Software 150

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Logistics Network Optimization Software 150

FreightWaves SONAR

MARCH 16, 2021

Mapping the trucking market assists freight market participants with a flurry of benefits. True trucking market mapping means looking to all the granularities and national factors affecting freight. This includes national factors that could affect freight, such as increased global trade, the demands of e-commerce and more.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. And in freight management, a delay of a day or even hours can amount to significant delays and a poor customer experience. Consider this.

Price Reduction 94

Price Reduction Resource Reduction Freight White Paper 94

Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 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 decreased 3% to $5.56/kg

Price Reduction 103

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 103

FreightWaves SONAR

FEBRUARY 26, 2021

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction. Broken down to reefer, dry van and flatbed.

Trucking 96

Trucking Price Reduction Freight Cost Reduction 96

FreightWaves SONAR

MAY 7, 2024

This level of insight enables them to negotiate better terms with carriers and optimize their overall transportation budget strategies. Conclusion: Modernizing Procurement Practices Is Key The movement from manual spreadsheets to advanced procurement software is a key development in the transportation industry.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

DECEMBER 9, 2020

Most freight brokers have to source their own freight broker leads. It’s often a time-consuming process that is difficult for many freight brokers and freight brokerage businesses. It’s a label freight brokers slap on all companies shipping freight. 6 Tips to source freight broker leads. #1:

Sourcing Strategies 105

Sourcing Strategies Purchasing Skills Sourcing Tips 105

FreightWaves SONAR

JANUARY 5, 2021

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Now, the industry is changing yet again. Quite simply, freight rating challenges are not a problem limited to trucking carriers.

Data 88

Data Price Reduction Freight Resource Reduction 88

RPA Labs

MARCH 3, 2022

When asked about this for the 2021 MHI Annual Industry Report , 53% of the supply chain professionals surveyed said they are investing in robotics and automation technologies, while 54% are investing in cloud computing and storage. Freight document management is sped up dramatically by incorporating AI into the process.

Document 76

Document Supply Chain Software Freight Waste Reduction 76

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. However, this is about a different type of freight load balancing-the balancing of assets. Defining freight load balancing. For carriers, it’s all about balance.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 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. America weekly prices decreased 7% to $3.65/kg

Price Reduction 71

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 71

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. That extends to guiding freight bids too. Ocean freight impacts on trucking is another use case.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Software Modeling Software Logistics Network Optimization Software 76

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

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. And the overall industry trucking trends imply an absolute need to grow more strategically. Within the freight load management area of the network, data is essential. Download the White Paper.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

MARCH 30, 2021

On the episode you’ll hear: Why should freight market participants like shippers, brokers, and carriers 1, care about collaboration in the supply chain and 2. And why is digitizing the supply chain network vital moving forward for our industry? How freight tech enables collaboration and customer experience at scale.

Supply Chain Software 78

Supply Chain Software Collaboration Supply Chains Optimal Sourcing 78

FreightWaves SONAR

FEBRUARY 2, 2021

The state of logistics in 2021 continues to undergo transformation and disruption (continued from 2020), and while companies are looking for new logistics strategies to stay proactive, there comes a point at which supply chain leaders need a simple, fast way to view market conditions. That’s where freight indices come into play.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

APRIL 30, 2021

The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail chains into bankruptcy while also contributing to a surge in sales for many of the leading chains. Evaluating freight flows for private fleet conversion. Deciding on the timing of freight bids. Request a SONAR Demo.

White Paper 52

White Paper Expense Reduction Cost Reduction Negotiating Skills 52

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

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

FreightWaves SONAR

JANUARY 12, 2021

According to TruckingInfo , “As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of freight available – and the rates to haul it – plummeted. However, peer, market and historical freight invoice data can help, and it’s essential to know why.

Price Reduction 52

Price Reduction Data Freight Optimization Software 52

The Logistics of Logistics

JUNE 23, 2022

Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. As noted by DC Velocity , “ most freight forwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year.

Supply Chain Planning Software 357

Supply Chain Planning Software Scenario Planning Cost Reduction Material Savings 357

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

Freightos

JANUARY 10, 2024

More Resources Home January 10, 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 fell 38% to $1.86/kg.

Negotiating Skills 88

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 88

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 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. China – N. Europe weekly prices fell 17% to $3.97/kg

Negotiating Skills 77

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 77

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Negotiating Skills 62

Negotiating Skills Cost Reduction Price Reduction Vendor Strategies 62

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. Various market participants in the freight industry can rely on the WRI heatmaps in different use cases.

Capacity 98

Capacity Demo Price Reduction Cost Reduction 98

FreightWaves SONAR

DECEMBER 16, 2020

Of all the various freight broker sales tips, setting the hook is essential for getting and keeping a prospect’s attention. . It could be relevant industry news, like a recent merger or acquisition. 7 freight broker sales tips for building the hook. #1: It also shows your prospect that you keep on top of industry trends. . #3:

Tips 59

Tips Freight After-sales Conference 59

FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. Even the most robust in-house strategies can turn to the value of logistics automation within analytics, such as the insights found in Lane Signal, to further refine their operations. Download the White Paper.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

Blue Grace Logistics

SEPTEMBER 18, 2023

In a changing industry, digital transformation often feels like a buzzword that leads companies to rush towards streamlining operational efficiency. Streamlining and digitizing data and automating internal and external operations increases the efficiency of the whole industry. Industry 4.0

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Digital Supply Chains 62

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

Negotiating Skills 121

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 121

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. And freight KPIs can serve as a valuable tool for freight market intelligence.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98