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5 shipping trends for 2021 for carriers to know

FreightWaves SONAR

With the havoc 2020 caused, can shipping trends get any worse? Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal. If a business wants to “thrive” in 2021 abnormalities, it’s essential to consider the top trends to expect through the year. Congratulations and welcome to 2021!

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How Freight Management Analytics Simplify Logistics

FreightWaves SONAR

And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management.

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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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Using SONAR to Understand Local Markets and Seasonality

FreightWaves SONAR

National market trends are good for understanding where we are in any given freight cycle, but they say little about specific markets where companies operate daily or need to plan around in the future. Understanding this, SONAR provides a plethora of tools and insights around both individual market granularities and national trends.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Freight consolidation (commonly referred to as retail consolidation, or simply consolidation) is not a new concept. Those are the founding principles behind SONAR SCI Lane Acuity.

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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.” Measure invoiced rates against market trends. Request a SONAR demo online to get started.

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What data is available to track intermodal freight shipping rates

FreightWaves SONAR

One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Freight management parties need to know the vital data points that can help keep intermodal lanes moving smoothly and efficiently while also keeping shipping rates and costs under control.