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Using freight market signals to stay ahead of any freight market storms

FreightWaves SONAR

Prior to the winter blast, we saw some interesting things happen with supply and demand and if handled properly would have prepared you for the storm. In the image below, use the following as your guide to interpreting: Blue = outbound tender rejections for the Dallas market, which measure service, capacity and price.

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Apparel companies shifting to air freight to offset congestion at ports

FreightWaves SONAR

FreightWaves’ flagship SONAR platform helps shippers to understand current market dynamics and provides actionable insights regarding how to handle the ever-shifting freight market. The Outbound Ocean TEU Index (OOTI) from Vietnam to the U.S. Request a SONAR Demo. Request a SONAR SCI Demo. Chart: FreightWaves SONAR.

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How to Measure Success: KPIs for Inbound Logistics

WorkWave

What are inbound and outbound logistics? Both inbound and outbound logistics involve the transportation of products across various distribution channels, however inbound logistics deals with supply and outbound logistics fulfill demands. The post How to Measure Success: KPIs for Inbound Logistics appeared first on WorkWave.

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What is a routing guide and what are best practices to create one

FreightWaves SONAR

What is a routing guide : a set of rules and requirements from shippers that set rules for inbound and outbound shipping. A routing guide provides a clear set of a shipper’s rules and requirements t for both inbound and outbound freight. Request a SONAR SCI Lane Acuity demo by clicking the button below today. .

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[Chart of the Week] Will intermodal freight cost advantage be enough to grow beyond 2021

FreightWaves SONAR

But we have already heard Union Pacific announce “peak-season” surcharges in the upcoming months as West Coast volumes have been challenging to handle. As carriers reject more load offers, represented by the Outbound Tender Reject Index (OTRI) , trucking rates increase as shippers fall down their provider lists or route guides.

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What does the next freight cycle look like?

FreightWaves SONAR

Strong shifts in demand cannot be handled. The national Outbound Tender Volume Index (OTVI), which measures shipper requests for truckload capacity, was nearly 30% lower than the previous year. Carriers were handling 20%+ more freight in the fall of 2021. Sign up for a SONAR demo. appeared first on SONAR.

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10 Warehouse KPIs that impact freight management

FreightWaves SONAR

It’s only challenging to get a handle on the volume. Since on-time delivery accounts for both inbound and outbound freight , it has a natural effect on the full supply chain. Request a SONAR demo today. Request a SONAR Demo. The modern supply chain rests on a mountain of shipping data. On-time deliveries.