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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers. However, before reaching the negotiating table, someone needs to have bargaining power. Download the White Paper.

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6 Truckload freight spend optimization best practices

FreightWaves SONAR

Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. More importantly, the type of carrier, whether asset-based or a lite carrier, may impact the risk of accessorials and overall pricing as well.

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Conducting a Trucking RFP: Tips for Shippers to Optimize Contract Freight

FreightWaves SONAR

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. Download the White Paper. Request a SONAR Demo. Here’s the truth.

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Truckload freight broker tips: Identifying bad customers

FreightWaves SONAR

One of the main themes to identify, however, is if a new shipper is framing its negotiations in terms of “heads I win, tails you lose.” . 3 truckload freight broker tips to identify bad customers. It’s the cost of doing business with us. . Download the White Paper. Request a SONAR Demo. Slow pay or no pay

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Increasing Freight Broker Profit: 3 Best Practices

FreightWaves SONAR

Here are three tips that will help all freight brokerages expand gross margin dollars and drive value to the bottom line on their P&L sheet by increasing freight broker profit. . The more loads moved, the denser the network, the stronger the service, and pricing expertise builds up over time. . Download the White Paper.

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How transportation brokers should start each morning with FreightWaves SONAR-fueled data

FreightWaves SONAR

Therefore, transportation brokers need to know how freight data can add value, why actionability and timeliness enable accurate fast-paced decisions, and a few tips to apply FreightWaves SONAR data every morning. The lack of freight data amounts to managing the company without any visibility into current operations or transportation costs.

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