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[Chart of the Week] Spot market rates set to resume slow downward trend after wild winter: Carriers, brokers have a duty to reduce risk of financial losses

FreightWaves SONAR

FreightWaves scientific rates are predicting a return to a slow downward trend after the impacts of the past month’s winter storms recede. The overriding trend prior to these storms was that of a slow loosening of the market, as indicated by existing predictive capabilities Remember that the need to stay strategic is paramount.

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Market volatility insight value for shippers

FreightWaves SONAR

Seeing potential acuity and inventory shifts can help logistics managers. The ability to monitor market volatility insight s and trends can give shipping managers the ability to make intelligent choices about freight logistics. . Download the White Paper.

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5 reasons why real-time freight data is for freight market decisions

FreightWaves SONAR

As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. Before cloud computing and the era of Big Data, collecting inventory information required more resources and extra manpower. Download the White Paper.

Data 90
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Retail enterprise suppliers’ best practices to use global trade data

FreightWaves SONAR

Without quality data to review, analyze and apply, the network will struggle to keep up with important trends within the global market. Download the White Paper. Avoid inventory problems and deviations during shipment. Improve, on average, profits while also reducing overall costs. Request a SONAR Demo.

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Manufacturing Supply Chain Constraints and How to Overcome Them

FreightWaves SONAR

Supply chain constraints are impossible to avoid, but they can be planned for to reduce their impact. Seeing that trend indicates increased manufacturing or distribution activity, typical for the flurry of activity that accompanies spring. Download the White Paper.

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Why accurate predictive freight rates are only possible with holistic and real-time data

FreightWaves SONAR

And as reported by Supply Chain 24/7 , “Leveraging technology, shippers are able to see regional trends and specific lane cost information, as well as driver preferences, while carriers have access to details like loading/unloading times and lane history data.” Download the White Paper. Request a SONAR Demo.

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Do I Need Descriptive Analytics in Freight? YES!

FreightWaves SONAR

Freight management teams spend many resources responding to delays, issues, customer needs, data and marketing trends and shifting conditions with supply and demand. Using historical data, freight managers can identify when more inventory, human resources, trucks and revenue may be needed. Download the White Paper.