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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

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. Major shippers and transporters have only so much space available to work within LTL shipping capacity. Request a SONAR Demo.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. The best manufacturing supply chain teams can adapt and respond to changes in the market and use these trends to grow and improve their services. Request a SONAR Demo.

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Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Last-mile delivery is the crucial stage of transporting goods from the retailer’s transportation hub to the ultimate delivery destination. Read also: How to Calculate the Cost of Transport 2. Read also: What Makes Every Delivery More Efficient Than the Last How to reduce delivery costs of last-mile?

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

FreightWaves SONAR

Performance measurement and improvement, using transportation KPIs , are vital aspects of modern supply chain management. Measure invoiced rates against market trends. The billed or invoiced rates should always reflect current market trends. Request a SONAR demo online to get started. Request a SONAR Demo.

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

FreightWaves SONAR

And the overall industry trucking trends imply an absolute need to grow more strategically. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. And the only way to see these costs is to get real-time freight data across the full carrier transportation network.

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Truckload rates: Using data predict and prepare spot vs. contract bids and RFPs

FreightWaves SONAR

Tracking market trends within truckload rates relies heavily on data and analysis. Managers don’t want to learn that they are essentially paying a higher transportation rate with one carrier when another freight carrier offers a much more competitive truckload rate. Download the White Paper.